Sunday, December 15, 2024

Metalicity: Receives high-grade rock chip results from Mt Surprise, QLD

Metalicity Receives high-grade rock chip results from Mt Surprise, QLD

  • Metalicity (MCT) receives first assays from a maiden exploration program at its recently-acquired Mt Surprise project in North Queensland
  • The company says the rock chip results are “outstanding”, returning up to 20.75 per cent copper and 41.7 grams per tonne silver
  • Initial exploration also identified a new gossanous outcrop extending for 100 metres with base metal samples of 2.94 per cent lead and 0.2 per cent zinc
  • The company now plans to undertake follow-up activities in the coming weeks
  • Company shares ended the day 12.5 per cent in the red to close at 0.35 cents

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