MRG Metals Limited (AU:MRQ) has released an update.
MRG Metals Limited has experienced a notable increase in stock trading volume following the announcement of a Binding Joint Venture on their Heavy Mineral Sands (HMS) Projects, which includes a significant free carry through to production and coverage of operating costs by SLC, marking a potentially transformative moment for the company. Additionally, MRG recently reported promising high-grade portable XRF results from their Shawa project in Zimbabwe, further fueling market momentum. The company has confirmed compliance with ASX Listing Rules, suggesting that the recent trading activities may be attributed to these positive developments.
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