MGT Resources Limited - NSX:MGS
Description
MGT Resources listed on the National Stock Exchange in December 2008 after a successful initial public offering under its former name of Mono Resources Limited. Its founding directors had a vision to capitalize on exploration and mining resource investment opportunities during the peak of the Global Financial Crisis.
Highlights of MGT Mining Limited
- Directors and Management have extensive public company, financing and exploration experience.
- MGT Mining owns the Mount Veteran Mill (a tin processing facility), which is located centrally within the Mt Garnet region..
- $6.6 million spent to date by MGT Mining and its former parent company Diatreme Resources Limited establishing drill ready targets with a drilling program in progress.
- Pyramid Gold Project comprising a large exploration permit (EPM 12887 of approximately 120square kms) over large order gold soil anomalies in the Drummond Basin, including the Gettysburg gold prospect showing drilled out gold anomalies with high grade targets (including 8m @ 18 g/t gold) and large low grade targets (including 114m @ 0.49 g/t gold).
Mine for
Tin, Gold
Location of Operation(s)
Queensland
Address
Suite 2, Level 11, 90 Arthur St
NORTH SYDNEY, NSW, AUSTRALIA
Phone
+61 2 9004 7107
info@mgt.net.au
Website
