Metal Bank Limited (AU:MBK) has released an update.
Metal Bank Limited has discovered a new copper-molybdenum (Cu-Mo) bearing intrusive system in southern Jordan, with initial sampling showing promising results including rock chips with up to 0.7% copper. The find is part of the company’s strategy to explore for copper opportunities in the Middle East and North Africa region, with further evaluations planned after applying for exploration rights. The Southern Jordan region’s potential is underscored by its location in the mineral-rich Nubian Shield, signaling a strong future prospect for Metal Bank’s presence in the area.
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