MRG Metals Confirms Very High Grade Minerals Found At Nhacutse, Mozambique

Continuation of a steady string of good drilling results over the past 6 months.

So what does this mean?

Heavy Mineral Sands, particularly Zircon and those with a high Titanium Dioxide content, are vital to many engineering and manufacturing processes as well as everyday consumer goods such as paints, plastics and paper.  Because of their diversity of use in consumer goods, there is generally a strong correlation between HMS prices and GDP growth (ie. as a nation's income increases, so too does consumption of HMS). Therefore, with many countries needing to build more houses and most people unable to travel overseas due to COVID-19, there's growing demand for house paint globally. And that's just one example.

A long-term hold but requires patience.