Metalicity: Applies for additional 4200 hectares in Goldfields region
- Metalicity (MCT) has strategically applied for an additional 4200-hectare tenement near the prolific Kookynie-Ulysses Trend in the Eastern Goldfields of WA
- Then the company applied for the land package with its farm-in partner, Nex Metals Exploration (NME)
- The area is prospective for gold, however, has only been subject to shallow and broad historic drilling
- Metalicity is eager to use modern exploration methods if its application approved
- Additionally, assays from a recently completed phase one drilling program expected shortly
- Company shares are up 16.7 per cent and are trading for 1.4 cents each