Ann: Significant gold intersection adjacent to Wattle Dam, page-27

Disappointing results for the first drill program.

Yes, the Wattle Dam discovery was not an overnight success for RMS and it appears will not be for MXR at present.

Hole no#1 has 1 meter at 245 g/t and 1 meter at 4.46 g/t.
Hole no #2 has 1 meter at 1.88 g/t, 1 meter at 2.18 g/t, 1 meter at 1.76 g/t and 1 meter at 1.89 g/t

Every other hole is a duster..!

33 holes out of 35 with insignificant gold present.

As you say Michael, nuggety gold can be high grade, but lacks the broad meterage needed to make a mine economical.

I could post the entire 6 assay tables for the 35 holes, but everyone can read for themselves from today's announcement.

Back to the drawing board for MXR.

Good luck to all holders.

Cheers Lute