MetalsGrove (ASX: $MGA) Exploration Update

MetalsGrove Mining Limited (ASX: $MGA) has announced an update on its exploration activities. The company plans to conduct a four-hole RC drill program at the Edwards Creek Copper-Zinc Project in Northern Territory. Additionally, MetalsGrove has decided to relinquish its Zimbabwean lithium projects following disappointing geological and assay results.

Managing Director and CEO's Commentary

The Managing Director and CEO, Mr Lijun Yang, stated, 'The Edwards Creek Project has the potential to host a scalable copper-zinc system, and our proposed four-hole drill program aims to test for the presence of mineralization along strike and down dip. After thorough investigation, MetalsGrove has determined that the prudent course is for the Company to relinquish its Zimbabwean lithium projects.'

Exploration Update Summary

MetalsGrove (ASX: $MGA) is focusing on the Edwards Creek Copper-Zinc Project, where a four-hole RC drill program is planned to test for mineralization. The company has decided to relinquish its Zimbabwean lithium projects due to disappointing geological and assay results. MetalsGrove also holds other exploration projects in Australia, and the company is reviewing their exploration potential. The announcement reflects the company's strategic decisions based on the exploration outcomes and market conditions.