HomeFinTechMonger Gold: Completes sampling at newly-acquired Scotty project

Monger Gold: Completes sampling at newly-acquired Scotty project

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Monger Gold Completes sampling at newly-acquired Scotty project

  • Monger Gold (MMG) completes an auger soil sampling program at its recently-acquired Scotty lithium project in Nevada
  • Prior to the sampling program, less than three per cent of the Scotty project had been historically sampled
  • Minor soil sampling previously completed in the area returned “extremely” strong anomalism and delineated the adjacent Bonnie Claire lithium deposit
  • Monger believes there’s a high chance the Scotty project has extensions of high-grade lithium mineralisation and expects to receive results in the next six weeks
  • Company shares are down 3.23 per cent to trade at 30 cents per share at 1:05 pm AEST
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