VMM 17.4% $1.22 viridis mining and minerals limited

Ann: Acquisition Potential Tier One Ionic Clay Rare Earth Project, page-36

  1. 2,238 Posts.
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    Hello. VMM said today they expect the grade to increase as they drill deeper. Did you read the announcement? The VMM drill holes to date were a maximum of 3 metres deep. The average grade over 36 holes was 1,306ppm. The performance milestone is 1500ppm. The MEI drill holes on their 1st announcement were up to 20 metres deep. There is no basis for comparison at the moment.
    Last edited by GKeden: 01/08/23
 
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