Mt Monger Resources Limited announced that a program of aircore (AC) and reverse circulation (RC) percussion drilling has commenced at the Company's Pt Kidman and Seahorse prospects located near Laverton in Western Australia. Drilling is planned across the Pt Kidman prospect to evaluate anomalous rare earth element geochemical anomalies and an interpreted nickel-cobalt gossan. The previous drilling completed by Mt Monger in May 2022 identified REE mineralisation occurring as broad, near-surface, clay-hosted zones hosted within the weathering profile.

The proposed AC drilling is expected to intersect similar mineralisation. A small program of RC percussion drilling is also proposed at Pt Kidman to test a possible nickel-cobalt gossan exposure that was identified by recent rock chip sampling in the area. AC and RC percussion drilling proposed at the Seahorse prospect will test anomalous multi-element surface geochemistry results.

These surveys showed significant gold, nickel, copper, cobalt, lead, zinc geochemical anomalies and provide further confirmation that the East Laverton area contains inliers of deformed greenstone rocks interpreted from regional aeromagnetic images.