Metals Australia Ltd (ASX:MLS) announces commencement of new drilling programs

Metals Australia Ltd (ASX:MLS) has initiated the first of three new drilling programs in major Australian gold and critical minerals provinces. The drilling will test priority targets identified along strike from major gold and critical minerals discoveries and mines in Western Australia and the Northern Territory.

Executive Commentary on New Drilling Programs

2024 is shaping up as the most active and exciting period in Metals Australia's history, with the three aggressive gold and critical minerals drilling and exploration programs launched at Warrambie, Big Bell North, and Warrego East in Australia being advanced in parallel with our two gold and critical minerals programs underway in Canada. Critically, our projects are all located in world-class mineralized provinces along strike from major discoveries and historical mines. We believe all our projects have potential for major new discoveries and we look forward to a period of strong news flow and results throughout the remainder of 2024 and beyond - as we look to unlock their potential and build value for MLS shareholders.

Summary of Metals Australia's New Drilling Programs

Metals Australia Ltd (ASX:MLS) has commenced new drilling programs in Western Australia and the Northern Territory to test priority targets for gold, lithium-pegmatite, and Ni-Cu-Co. The projects are located along strike from major mineral deposits in world-class mineral fields. The company's CEO, Paul Ferguson, expressed optimism about the potential for major new discoveries and strong news flow in 2024 and beyond. Metals Australia's focus on exploration and development of critical minerals and metals projects reflects its commitment to unlocking potential and delivering value to shareholders.