Metal Bank Limited

"MBK is a copper, cobalt & gold company with JORC resources, significant expansion and exploration potential and a proven team"

Ines Scotland , Executive chair

Video Highlight

Building a multi-project gold and copper company

Overview

High grade copper & cobalt on granted mining leases in QLD and a significant gold project in WA

Metal Bank Limited is an ASX-listed minerals exploration company (ASX: MBK) holding a significant portfolio of advanced gold and copper exploration projects with substantial growth upside, with a proven team, led by Ines Scotland, committed to building a gold and copper company.

MBK’s project include:

• the advanced Livingstone Gold Project (MBK 75%) in a world class gold area near Meekathara in WA, with existing resources, multiple prospects and potential for significant expansion; and

• the Millennium Copper & Cobalt project (MBK earning 80%) holding high grade, shallow resources with significant potential for expansion, on granted Mining Leases and near processing solutions in the Mt Isa region of Qld;

• the 8 Mile, Wild Irishman and Eidsvold Gold projects in South East Queensland with drill-proven high grade vein-style and bulk tonnage intrusion-related Au mineralisation.

Metal Bank’s experienced and proven team is focussed on:

• identifying additional mineralisation at each of its projects; and

• short term resource growth - advancing existing projects to substantially increase JORC Resources;

• assessing development potential and including fast tracking projects through feasibility and development to production.

Metal Bank is also committed to a strategy of diversification and growth through identification of new exploration opportunities which complement its existing portfolio and pursuit of other opportunities to diversify the Company’s assets through acquisition of advanced projects or cash-flow generating assets to assist with funding of the exploration portfolio.

 

Investor Highlights

MBK's current phase 2 exploration and drilling programs at the Livingstone gold project in WA and the Millenium copper/cobalt project in QLD are targeting  resource growth and exploration discovery at both projects after successful phase 1 campaigns earlier this year. 

2022 drilling at the Millennium copper/cobalt project in Qld is aimed at almost doubling the existing JORC Resource of 5.9Mt @ 1.08% CuEq. The resource is shallow, on existing mining leases and close to processing solutions.

2022 drilling at the advanced Livingstone gold project seeks to double the strike length of the existing Kinglsey resource, test the Livingstone North prospect with extensive Au-in soil anomalies, historical mining and high-grade drilling intersections; and drill test other advanced and regional targets.

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Latest Articles

RESOURCE STOCKS

Metal Bank draws on experience as resource upgrades near

Inés Scotland points to explorer's similarities to Citadel

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RESOURCEStocks Q&A: MetalBank's Tony Schreck

Junior triumphant after making substantial progress with its exploration program in 2017

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Triumph drilling continues to point to big gold system

More rigs available if needed to help junior speed up maiden JORC resource estimate

Web Address

Contact

 

Offices

Suite 506, Level 5, 50 Clarence St, Sydney NSW 2000