Loyal Lithium is pleased to announce that the high resolution historical satellite data correlates with the known mapped pegmatites and therefore can be used as an efficient and cost-effective tool to refine field program targets at the Trieste Lithium Project. Loyal Lithium has subsequently engaged Geospatial Intelligence Ltd to conduct more complex derivations of satellite borne data across the Trieste Lithium Project [...]
Loyal Lithium is pleased to provide an operations update following the Company tripling its landholding in the prolific James Bay Lithium District. The district has proven to be advantageous to entry compared to other lithium regions due to the areas being relatively unexplored for hard rock lithium, high prospectivity, world-class infrastructure and vast resources of lithium discovered to date. Loyal Lithium is focused [...]
Loyal Lithium is pleased to provide this operations update and the engagement of DGC as our in-country geological partner, adding significant intellectual and practical value to the Scotty Lithium Project. This partnership with DGC specialists has provided connections with local on-the-ground services to facilitate the BLM drill program - approval and execution. Including sourcing a suitable drill contractor to complete [...]
Loyal Lithium is pleased to announce that it has expanded its 100% owned Trieste Lithium Project. The large-scale Trieste Lithium Project now covering 251 km2, expanded by 31km2, with the approval of 43 claims in a previously reserved hydroelectric flood zone. The Project now covers a 39km long contact zone in the highly prospective Trieste Greenstone Belt just 14km east along strike of Winsome Resources' Adina Lithium [...]
Loyal Lithium wishes to announce that it has completed a coordinated exploration program at its Monger South Project. The program discovered an anomalous zinc-copper-silver FLEM geophysics conductor after a soils program, geological mapping/sampling and a FLEM geophysics survey. The findings have been reviewed and the company believes that the Project is better suited to a third party with motivations to develop these [...]
Monger Gold is pleased to provide the Quarterly Activity Report for the three-month period ended 30 September 2022. Highlights Corporate: Increased focus on lithium: The Company believes that it is in the interests of the Company and its shareholders to increase its focus on its lithium projects - Monger Gold to be renamed Loyal Lithium Limited - ASX code to change from "MMG" to "LLI" - New name signifies transition to a [...]
Monger Gold is pleased to announce that it has received firm commitments to raise A$4.5 million from domestic and offshore institutional, sophisticated and professional investors under a two-tranche placement of fully paid ordinary shares at an issue price of A$0.40 per share. The Placement was strongly supported by new and existing investors from around the globe and reflects significant interest in Monger's portfolio of [...]
Monger Gold is pleased to announce that it has staked and entered into agreements to acquire 100% of the Trieste Lithium Projec. Commenting on the Trieste Lithium Project, Monger Gold's CEO, Mr Adam Ritchie, said: "The successful acquisition of the Trieste Lithium Project represents a significant milestone for Monger. Multiple mapped pegmatites, an existing anomalous lithium result, favourable indicator minerology all [...]
Monger Gold is pleased to announce that it has exercised the option to acquire 100% of the Brisk Lithium Project. Monger exercises option to acquire 100% of the Brisk Lithium Project located in the prolific James Bay Lithium District along trend from: o Patriot Battery Metals' Corvette Project o Winsome Resources' Cancet Project - Brisk Lithium Project covers six prospects over a large project area covering 98.5km2 and is [...]
Monger Gold Ltd. is delighted to announce the lithium assay results from 643 systematic single hole auger samples analysed at ALS Laboratory in Nevada on the Scotty Lithium Project. Five target areas are defined from the soils values. Highlights: - Strong soil assay results of up to 540ppm Li defines targets at 78.1km2 Scotty Lithium Project with each target holding standalone exploration potential - 643 soils samples [...]
Monger Gold Ltd. wishes to announce that it will seek shareholder approval at an upcoming EGM to change its name to Loyal Lithium Limited. Should shareholders approve the proposed name change, the Company will trade under the ASX code "LLI". Highlights: - Monger Gold Ltd. to change name to Loyal Lithium Limited - ASX code to change from "MMG" to "LLI" - New name signifies transition to a lithium led battery minerals and [...]
Monger Gold Ltd. is pleased to announce that the inaugural exploration program has commence at its Brisk Lithium Project in the James Bay District of north central Quebec, Canada. Dahrouge Geological Consulting has been engaged to conduct the program and ongoing geological services for the Brisk Lithium Project. Highlights: - Inaugural exploration program covering the entire Brisk Lithium Project has commenced and is [...]