MetalsGrove Mining


Primary ticker: ASX:MGA
Stage of development: Exploration
Primary minerals: Lithium, Rare Earth
Project to promote: Arunta, Upper Coondina
Project location: Australia

Lithium, Rare Earth, Base Metal and Manganese portfolio in the tier-1 mining jurisdictions of Western Australia and Northern Territory.
Upper Coondina–WA (MGA 100%) lithium, located in the infrastructure rich Pilbara, excellent access to service. Maiden drilling completed 4,200m RC.
Bruce–NT (MGA 100%) Rare Earth, well connected to existing infrastructure.

2,400m Maiden RC drilling completed, high grade TREO: 0.70%.

Edwards Creek-NT (MGA 100%) copper-gold, historical Drilling intersected high grade copper mineralisation 4m @ 2.25% Cu. Newly discovered malachite-stained ironstone unit returned a maximum value of 0.81% Cu. 450m Maiden RC drilling completed.

Box Hole-NT (MGA 100%) base metal, large tonnage base metal project, 7km strike known mineralisation, historical drilling intersected high grade zinc 13m @ 2.65% Zn, several mineralised outcrops over 12,000m historical drilling.

Woodie Woodie North-WA (MGA 100%) Manganese, well defined walk-up drilling targets and well connected to existing mining infrastructure. Surface sampling has returned several highly anomalous manganese, assays up to 52% Mn.

Cash: AUD$3.1M
Debt: NIL

Major shareholders:

OreMin – 11.60%
Mrs Hui An – 10.40%
Bright Element – 11.65%
Fountain Stream – 9.50%
Catalina Resources – 9.00%

Management Profile

Mr. Sean Sivasamy – Managing Director and CEO
A skilled mining professional with a Master’s Degree in Geology with more than 25 years of global experience.

He has held Director  and Senior Management roles in Tambourah Metals Ltd (ASX:TMB),

Pilgangoora Minerals, Aditya Birla Minerals (ASX:ABY), OreMin Consultants and other roles within large, medium and junior mining companies in Australia, Africa, India and South East Asia.

In his career has identified a gold resource  in Victoria which eventually had estimated gold deposits of circa 1m ounces and discovered a copper sulphide deposit in Western Australia. He also identified 4 copper deposits in Queensland for further exploration and mining.

Mr. Haidong Chi – Non-Executive Director
Extensive experience in the commodity trading markets for the past 20 years. He also holds a Master’s degree in Business Administration (MBA) from Peking University.

One of the very early co-founders of Kimberley Metals Group and KMG Mining Pty Ltd, he has been Managing Director of the company’s business operations.

Vice President of US Capital Holdings Group, a US based private equity investment company that specialises in assisting Chinese companies gain access to international capital markets.

What recent news would you like to highlight to investors attending?


What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Second phase follow up drilling

6 Months:
Resource development drilling

12 Months:
Scoping study and test work.

What are the top 3 key investor takeaways?

Advanced exploration projects.
world class mining infrastructure, Tier-1 mining jurisdictions.
Advancing rare earth project, high grade TREO intercepts.