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        <title>Mont Royal Resources Limited (ASX:MRZ) Share Price News | The Motley Fool Australia</title>
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                                <title>Guess which 2 ASX mining shares are soaring more than 15% on new discoveries today?</title>
                <link>https://www.fool.com.au/2022/06/30/guess-which-2-asx-mining-shares-are-soaring-more-than-15-on-new-discoveries-today/</link>
                                <pubDate>Thu, 30 Jun 2022 04:36:48 +0000</pubDate>
                <dc:creator><![CDATA[Monica O'Shea]]></dc:creator>
                		<category><![CDATA[Materials Shares]]></category>
		<category><![CDATA[Share Gainers]]></category>

                <guid isPermaLink="false">https://www.fool.com.au/?p=1400707</guid>
                                    <description><![CDATA[<p>What's driving up the share price of these explorers today? </p>
<p>The post <a href="https://www.fool.com.au/2022/06/30/guess-which-2-asx-mining-shares-are-soaring-more-than-15-on-new-discoveries-today/">Guess which 2 ASX mining shares are soaring more than 15% on new discoveries today?</a> appeared first on <a href="https://www.fool.com.au">The Motley Fool Australia</a>.</p>
]]></description>
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<p>The <strong>S&amp;P/ASX 200 Materials Index </strong>(ASX: XMJ) is descending 1.32% today, but two ASX mining shares are outperforming the index. </p>



<p>Mont Royal Resources shares are surging more than 15% at the time of writing. </p>



<p>For perspective, the <strong>S&amp;P/ASX 200</strong> <strong>Index </strong>(ASX: XJO) is also 0.91% in the red today. </p>



<p>So which two mining companies are bucking this trend on the back of drilling results? </p>



<h2 class="wp-block-heading" id="h-mont-royal-resources-ltd-asx-mrz">Mont Royal Resources Ltd <strong>(<a class="tickerized-link" href="https://www.fool.com.au/tickers/asx-mrz/">ASX: MRZ</a>)</strong></h2>



<p>The company is exploring nickel and copper at the Wapatik project in Quebec, Canada. In today's news, Mount Royal reported <a href="https://www.fool.com.au/tickers/asx-mrz/announcements/2022-06-30/6a1097657/maiden-drill-program-hits-nickel-copper-sulphides-at-wapatik/">"massive" nickel and copper sulfide</a> mineralisation at the company's maiden 1,000 metre diamond drilling expedition. At drill hole WAP22-003, the company found 2.68% nickel, 1.3% copper and 0.09% cobalt. This spanned 3.3 metres from 143.4 to 146.7 metres.  </p>



<p>The next stage of drilling is now underway. Mont Royal will update shareholders on these results in the future. Commenting on the news, executive director Peter Ruse said: </p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p>The discovery of this massive sulphide mineralisation is a major step in advancing our exploration plans at the Project.</p></blockquote>



<h2 class="wp-block-heading" id="h-metalstech-asx-mtc">MetalsTech <strong>(<a class="tickerized-link" href="https://www.fool.com.au/tickers/asx-mtc/">ASX: MTC</a>)</strong></h2>



<p>The MetalsTech share price is soaring a mammoth 23% today. MetalsTech is exploring the Sturec gold mine in Slovakia. The company also has a lithium project in Quebec. MetalsTech discovered <a href="https://www.fool.com.au/tickers/asx-mtc/announcements/2022-06-30/6a1097689/visible-gold-identified-in-uga-41-drill-core/">visible gold</a>  at 130.8m in site UGA-41. Grains of up to 0.2mm of gold were discovered within a 5cm vein filled with "fine grained, white to grey chalcedonic quartz-pyrite". </p>



<p>Assay results will be reported to the market in the future. MetalsTech said: </p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p>The company looks forward to providing an update on UGA-41 in the next few weeks as the core is currently being sampled and will be dispatched to the lab as soon as possible</p></blockquote>



<p></p>
<p>The post <a href="https://www.fool.com.au/2022/06/30/guess-which-2-asx-mining-shares-are-soaring-more-than-15-on-new-discoveries-today/">Guess which 2 ASX mining shares are soaring more than 15% on new discoveries today?</a> appeared first on <a href="https://www.fool.com.au">The Motley Fool Australia</a>.</p>
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