re: Ann: Options Progressing to Develop Ruby ... DML nearology... you don't hear that come up like you do SFR or SIR nearology... but you probably should.
Interesting market cap for what they have and what they're doing...$4.5 million...
"The most recent work programme at Ruby Well included the completion of mapping and rock chip sampling, with a total of 112 rock chip samples collected, predominantly comprising vein quartz.
Visible gold (126g/t) was identified at the Little Jim prospect from a quartz vein located approximately 750m to the north of the Bloodstone Resource. The east-west trending quartz vein has been mapped to extend over 85m."
That's 126g/t Au from quartz vein samples... see the announcement from 22/11/12 for the photo - you can actually see nuggets of gold in the block of quartz.
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