Metalite renews Arthurs Seat licence

Executive Summary

• Metalite Resources Inc. has secured the renewal of exploration licence EL 9144 for its Arthurs Seat project in New South Wales, Australia.
• The renewal covers the full 14-unit area for a term of two years, effective from July 25, 2025, to April 30, 2027.
• The project is highlighted as a strategic asset hosting high-grade silver, gold, and notably antimony (Sb) mineralization, positioning the company to capitalize on growing demand for critical minerals.

Key Details

• Licence Details: Exploration licence EL 9144 (Arthurs Seat project).
• Licence Holder: Great Southern Precious Metals Pty. Ltd., a wholly owned Australian subsidiary of Metalite Resources Inc.
• Renewal Term: Two years.
• Effective Dates: July 25, 2025, to April 30, 2027.
• Geographic Scope: Full 14-unit area of the licence.
• Project Characteristics: Hosts high-grade silver, gold, and antimony (Sb) mineralization.
• Specific Prospects: Management cited exceptional sampling results from prospects named "McDonalds" and "Murray and Co."
• Strategic Context: The company emphasizes the project's relevance to global supply chains for critical minerals, specifically antimony.

Notable Quotes

• "We're excited to move forward at Arthurs Seat, especially given the exceptional sampling results we've seen from prospects like McDonalds and Murray and Co," said Chris Hazelton, chief executive officer of Metalite Resources. "With global attention intensifying on supply chains for critical minerals like antimony, the project puts Metalite in a unique position to participate in this growing market trend."