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Megado Minerals is an ASX-listed mining exploration company, targeting critical minerals, silver and gold in the EU and Canada.

 
 

Megado Minerals is an ASX-listed mining exploration company, targeting critical minerals, silver and gold in the EU and Canada.

 
 

Megado Minerals is an ASX-listed mining exploration company, targeting critical minerals, silver and gold in the EU and Canada.

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ASX: MEG

SHARE PRICE:  $

MOVEMENT:

UPDATED:

CURRENCY: AUD

Significant Opportunity

  • Control of an Entire 200k EW Belt
  • Covering an area of 956km²

Many Historic High-Grade Mines

  • Multiple high-grade historic mines across the belt

Applying Modern Exploration Techniques

  • No exploration in over 40 years
  • Opportunity to apply modern exploration techniques to target large sedimentary copper deposits with high-grade copper oxides and silver and copper-lead-zinc sulphides

Strategic EU Critical Mineral

  • Copper is one of 17 strategic EU critical minerals under EU Critical Materials Act 2024

We are an ASX-listed mining exploration company focused on developing critical minerals projects important to Europe.

Iberian Copper Project

Europe has passed Critical Minerals Legislation (EU Critical Raw Materials Act – 11 April 2024) which aims to reduce dependence on countries outside of the EU for critical materials / minerals.

Megado represents a major EU strategic critical mineral exploration opportunity having secured an entire developable 200km Copper belt.

Just to meet business-as-usual trends, 115% more copper must be mined in the next 30 years than has been mined in all human history.

Iberian Project

Objectives by 2030

  • EU Extraction: At least 10% of EU annual consumption from EU
  • EU Processing: At least 40% of EU annual consumption from EU
  • EU Recycling: At least 25% of the EU’s annual consumption from domestic recycling
  • External Sources: not more than 65% of the EU’s annual consumption of each strategic raw material at any relevant stage of processing from a single third country
  • Maximum of 27 months permitting timetable for Strategic Projects involving extraction
  • Single point of contact for all things permitting

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