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Metals Australia Secures Drilling Permit and Triples Land at Lac Carheil Graphite Project

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Metals Australia Secures Drilling Permit and Triples Land at Lac Carheil Graphite Project

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Drilling permit awarded for Lac Carheil Graphite Project enabling winter resource extension drilling
  • Lac Carheil land package expanded 3.4 times to 233.2 km², enhancing graphite and iron ore potential
  • Prefeasibility study advanced with metallurgical test work largely complete and plant design underway
  • Corvette River exploration reveals significant gold, silver, and base metals mineralisation; phase 2 planned
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