Metalsgrove’s Zimbabwe Lithium Hunt Yields Mixed Results

Metalsgrove Mining Ltd. (AU:MGA) has released an update.

Metalsgrove Mining Ltd. received less than expected results from their initial lithium exploration in Zimbabwe, with the majority of samples from the Arcturas region showing trace or undetectable levels of lithium. A few promising samples from the Beatrice region revealed lithium grades up to 1.44% Li2O, but only one was from Metalsgrove’s property. Despite these initial setbacks, further investigations and a site visit are planned for June.

For further insights into AU:MGA stock, check out TipRanks’ Stock Analysis page.