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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


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.

Exclusive ResourceStocks Assets

Corporate overview and latest updates on Metal Bank's copper, cobalt and gold Projects

Initial reconnaissance exploration activities underway across Malaqa and Wadi Araba project areas

MBK has entered into two agreements with MEMR granting exclusive rights in Jordan

Substantial Resource tonnage and grade increases for near term critical mineral project

Shallow resources with significant potential for further exploration success and resource growth

Agreed to provide the Company with an unsecured loan facility of A$2 million on commercial terms

Recent diamond drilling assays confirmed high cobalt grades

Metal Bank advises that it has made a A$1.5m milestone payment to Kingston Resources Limited

17% increase in the Crawford Gold Mineral Resource Estimate (MRE)

First pass exploration drilling at Stanley prospect hits shallow gold mineralisation

Results support multiple parallel mineralized loads at Livingstone North

Higher grade zones are located 300m east of the Kingsley Gold Resource

Remaining RC and diamond drilling assays received

First diamond drilling assays received, new RC drilling results and geophysics program completed

First Gold assays from the prospect in Western Australia return up to 14.10g/t Au

50 holes for 3,336m of Phase 2 drilling have been completed at Livingstone

High Grade Gold intercepted 750m East of the Kingsley Resource

Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Quarterly Activities Report - For the Quarter ended 30 June 2022

Millennium Exploration Update - Early Assays Received

Exploration update - Phase 1 Drilling completed

Exploration update - Drilling at Livingstone Au and Millennium Cu-Co-Au projects underway

Stock Price


Company Financials


Latest Articles

Metal Bank draws on experience as resource upgrades near

Inés Scotland points to explorer's similarities to Citadel

metal bank limited


Triumph drilling highlights potential of big gold system

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

metal bank

18 JUNE 2018

RESOURCEStocks Q&A: Tony Schreck, Metal Bank

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

metal bank

23 FEBRUARY 2018

New Constitution drilling a Triumph for Metal Bank

Queensland gold project building up to resource in mid-2018

Resource definition

17 JANUARY 2018

Explorer poised for triumph

High-grade gold results point to large-scale bulk tonnage potential

metal bank

24 OCTOBER 2017

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