RDM 4.55% 11.5¢ red metal limited

Silver moves, page-29

  1. 401 Posts.
    lightbulb Created with Sketch. 53
    its coming.....

    wasn't a bad announcement cash hound.

    1. RDM are in talks with many companies around a JV for Maronan. It just hasn't been announced / decided yet. We wait.

    2. Drilling will start in August in Irindina.

    3. Maronan is defined by a JORC 2012 compliant Inferred Resource of 30.75Mt @ 6.5% lead, 106g/t silver (using a 3% lead cut-off grade) and 11Mt @ 1.6% copper and 0.8g/t gold (using a 1.0% copper cut-off grade). This equates to about 2Mt of lead metal, 104.9Moz of silver plus 170,000t of copper and 300,000oz of gold. The deposit remains open down plunge.

    its a waiting game at the moment. Hopefully a decision regarding Maronan gets made next month when we start drilling in Irindina so August looks like an exciting month!
 
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