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MRZ - Mont Royal Resources

Discussion in 'Stocks I-P' started by System, Apr 5, 2019.

  1. System

    System Administrator

    Likes Received:
    Jun 27, 2010
    Since incorporation, Mont Royal Resources Limited has acquired a 100% legal and beneficial interest in four exploration licences in Western Australia comprising the Edjudina Project which is considered to be prospective for Archaean lode style gold deposits.

    The Edjudina Project is located approximately 170km northeast of Kalgoorlie in Western Australia and covers an area of approximately 24km2. The tenements encompassing the Edjudina Project are considered prospective for structurally controlled lode gold.

    Pursuant to the Acquisition Agreement, the Company also has an option to acquire an additional exploration licence comprising the Yule River Project which is prospective for Archaean mesothermal lode style gold deposits. The Yule River Project is situated approximately 40km to the southwest of Port Hedland in Western Australia and covers an area of approximately 225km2.

    It is anticipated that MRZ will list on the ASX during May 2019.


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