MRG Metals Ltd

MRG Metals Limited is a heavy mineral sands (HMS) exploration company. Its projects include Corridor Projects, Marao, Marruca and Linhuane. Its Corridor Central and Corridor South portfolio at the Corridor Projects in Mozambique include two contiguous tenements containing 13 targets. Corridor Central (6620L) comprises 179 square kilometers (km2) and Corridor South comprises 208 km2. The Marao and Marruca projects are contiguous and consist of 385 km2, with over 75 kilometers (km) of strike of interpreted palaeocoastline. The Linhuane project (7423L) comprises 113 km2 located in Inhambane Province and is an application pending grant. It has three exploration licenses for Rare Earth Elements (REEs) and uranium that have been granted in Mozambique, which include Fotinho (11000L; 19,865.18 Ha), Adriano (11002L; 19,777.14 Ha), and Olinga (11005L; 16,534.47 Ha). Its Garies Rare Earth Project is a high-grade, monazite-hosted rare earth system located in South Africa’s Northern Cape Province.