Rare Earth Elements & Uranium

Three exploration licence applications (ELAs) for Rare Earth Elements (REEs) and uranium have been made in Mozambique. They are Patricio (10999 L; 19,763.06 Ha), Fotinho (11000 L; 19,865.18 Ha) and Adriano (11002 L; 19,777.14 Ha), which are situated 780km north-east of the Company’s Corridor Central and Corridor South HMS licences and 230km north-northeast of the port city of Beira.

The ELA applications significantly expand on MRG’s exploration licence portfolio, while also diversifying the Company’s portfolio from HMS projects to include REE and uranium.