LLM – Loyal Metals | Aussie Stock Forums

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Monger Gold is a resource exploration company with highly prospective gold, nickel and base metal projects located in the prolific eastern goldfields of Western Australia.

Monger Gold is an 80% owner of three distinct projects in the eastern goldfields of Western Australia, Mt Monger North, Mt Monger South, and Gibraltar South. All three projects are within 50km of major mining towns (Kalgoorlie and Coolgardie).

Mt Monger North and Mt Monger South cover a combined total area of 37.7km2and are comprised of twenty-nine significant tenements. They sit 45km south east of Kalgoorlie in the world class gold region of Western Australia, adjacent to Silver Lake Resources’ (SLR) tenure which hosts its flagship Mt Monger Mine (Daisy Complex).

Based on significant historical exploration at the Mt Monger North Project (including drilling results), we are excited about the prospect for the discovery of gold, nickel, and other base metals. Key targets have already been identified, with planning work already underway to commence a drilling campaign at the Mt Monger North Project.

Recent work at the Mt Monger South Project has also indicated that the area has significant prospectivity for gold and base metals, particularly along its major structure, the Goddard Shear. Here as well, planning work is already underway to commence a systematic exploration program.

The Gibraltar South Project covers an area of 15.69km2 and is located approximately 20km south-west of the township of Coolgardie in the Goldfields region of Western Australia. It comprises eight granted tenements and one pending tenement that have been delineated through recent favourable drilling results and proximity to historical gold workings. As a result of recent and historical exploration programs, numerous attractive drill targets that have been identified across the project area will be prioritised, with hopes for drilling to commence approximately six months after listing.

It is anticipated that MMG will list on the ASX during June 2021.



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