MRQ 14.3% 0.4¢ mrg metals limited

Ann: Market Update - Drilling planned from November-MRQ.AX, page-51

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  1. 6,130 Posts.
    lightbulb Created with Sketch. 204
    Probably right.
    What I do like about this Company is they are going for the " jugular " IMO.
    Have a look at the approach to the " xanadu " area.
    They are considering with both " carbonates " and " sandstones " which can be complex to analyze that the
    gold results in their previous drills even though reasonable are not enough for a stand alone mine.
    In other words they are focused on a big result. In contrast to BP minerals who went a different route.
    High risk high reward in this instance.
    They will need to drill this region to obtain the " $110000 grant from the WA Government by Xmas.

    The two drills both targeting Gold and Nickel are also due before Xmas - Yardilla.

    Good luck to them.
    And we do all appreciate Xmas presents.

    Cheers
 
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