hi guys,
medwar is correct in the observations, the current target is contained in only the five blocks but of course, these represent only a very small part of the MXR tenements in the locality. Maximus has a significant number of tenements,over 90% of which haven't been included in the current drilling campaign.
The area to the west of block one does look very anomalous. Also keep in mind the two occurrences of previous drilling near the blocks 1 through 5 was outside the blocks in the green, blue or purple areas, that's one of the reasons I think the company estimates are very conservative.
The future exploration of potential targets is an open door for further resource identification campaigns. :-))))
There is abundant "if" factor in the current drilling but it's the rest of the tenements that hold the very high "if" factor.
- Forums
- ASX - By Stock
- MXR
- 310m depth of ironore in mnd1 for maximus
310m depth of ironore in mnd1 for maximus, page-11
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MXR (ASX) to my watchlist
|
|||||
Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.83M |
Open | High | Low | Value | Volume |
2.9¢ | 3.1¢ | 2.9¢ | $27.76K | 923.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250496 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 385887 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250496 | 0.030 |
1 | 421034 | 0.029 |
1 | 19232 | 0.026 |
1 | 39999 | 0.025 |
2 | 66708 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 385887 | 2 |
0.032 | 81791 | 1 |
0.033 | 5000 | 1 |
0.034 | 75000 | 1 |
0.035 | 740810 | 2 |
Last trade - 15.59pm 05/09/2024 (20 minute delay) ? |
Featured News
MXR (ASX) Chart |