RMI 0.00% 2.1¢ resource mining corporation limited

Ann: Wowo Gap Exploration Update , page-26

  1. 658 Posts.
    hey lf,

    indeed its a gd ann released today isnt it. i went on to look at those lines 8946000N and 8946200N.

    alot/majority of the previous work (diamond core holes) by RMI have been targeting the area about 894500N and 894600N.

    what interest me is the lesser explored 8942000N line. only 1 diamond core with a number of wacker holes. now with today's ann, it is indeed encouraging signs especially that 8946200N yielded consistent laterite intercepts 10-15m as well.

    now there's more confidence that the area covered between 8946200N and the more heavily explored 8946500N would return similar results. imo RMI is going to upgrade resource at Wowo to nearer it's global resource amount as indicated by the PNG government mines research paper of 300MT.


    things have been moving along well, good job mgt! good job on choosing to drill w our own team instead of paying a drill contractor, certainly reaping the rewards now. good luck.
 
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