MRG granted new exploration licence in Mozambique
ASX-listed MRG Metals has been granted a new exploration licence – the Olinga 11005L exploration licence – in Mozambique, targeting uranium and rare earth elements (REEs).
The new Olinga uranium and REE project is situated 890 km north-east of MRG’s Corridor Central and Corridor South heavy mineral sands (HMS) mining licence applications (MLAs) and 270 km north-northeast of the port city of Beira.
The Olinga exploration licence was granted based on highly elevated uranium signature from regional aerial geophysical survey work, in comparison with elevated thorium within the recently granted Adriano REE licence and an additional applied-for REE exploration licence application.
On-the-ground exploration will begin in the second quarter, following completion of the environmental management plan, with a focus on the different ages of granitic intrusives and the contacts between the different bodies.
“We are delighted the Olinga [exploration licence] has now been granted, paving the way for our exploration team in Mozambique to commence an exploration programme this quarter. Olinga is an exciting prospect for MRG that expands our presence in Mozambique, whilst diversifying our commodity base even further into uranium and REEs.
“We look forward to commencing our initial activities on site and will update the market on the work programme we will undertake once it has been finalised,” chairperson Andrew Van Der Zwan says.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.
VISIT SHOWROOM
Since 1919, Victaulic’s innovative solutions and design services continue to increase construction productivity and reduce risk, ensuring projects...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
