Metal Australia Ltd (“Metals” or “the company”) is an Australian exploration company listed on the Australian Securities Exchange under the symbol MLS.
Metals Australia operates in the mineral resource sector, with its focus on exploration for graphite and gold in Canada, and lithium, zinc and other base metals in Western Australia,
Lac Rainy Nord Graphite project is located in one of the most dominant graphite geological provinces in Quebec. This is a JORC (2012) resource and ranks as one of the highest-grade global graphite deposits . The project is located approximately 22kms southwest of the mining town of Fermont and easily accessed by road. The graphite mineralisation occurs in biotite bearing quartz-feldspar gneiss. Historic assaying has returned samples grading up to 7.86% Graphitic carbon.