Many Peaks (ASX:MPG) capitalizes on Australia’s and Canada’s ongoing push to strengthen home essential mineral manufacturing by advancing its gold-copper property in Queensland, Australia, and different key vitality transition tasks in Newfoundland and Labrador, Canada.
Many Peaks’ Canadian property goal REE and lithium deposits the place Newfoundland represents an rising district of lithium strategically positioned with entry to each European and North American markets. The corporate’s REE mission has not been beforehand drilled however has an outlined, drill-ready goal with the potential for a big REE deposit.
The corporate’s property in Queensland, in the meantime, cowl a mixed 464 sq. kilometers, with an 80 p.c curiosity and an choice over the remaining 20 p.c. The corporate’s Australian portfolio has a wonderful present infrastructure and is host to intrusion-related gold programs and copper-gold porphyry type mineralization. The presence of copper permits these property to fulfill the rising demand for the essential mineral, whereas gold creates extra worth.
A administration workforce with a spread of expertise all through the pure assets business leads the corporate towards attaining its targets of strengthening shareholder worth by means of exploration.
- Many Peaks is a mineral exploration firm with property in Australia and Canada.
- The corporate’s property embrace a number of drill-ready targets specializing in minerals vital for the transition to wash vitality.
- Many Peaks goals to capitalize on each nations’ push to strengthen home sources of essential minerals, whereas gold additional improves the worth of its property.
- Each nations have mining-friendly rules and the potential for future incentives to assist bolster the home provide of lithium, copper and REEs.
- Many Peaks owns two essential minerals property in Newfoundland and Labrador, Canada, and an intensive portfolio of copper-gold property in Australia.
- The corporate’s Queensland property cowl a mixed 464 sq. kilometers with a number of drill-ready copper-gold targets.
- An skilled administration workforce with in depth expertise all through the pure assets business leads the workforce towards absolutely exploring its property.