MRR 4.17% 1.2¢ minrex resources limited

Ann: Outstanding Assays at MRR Tambourah North Lithium Project, page-8

  1. 76 Posts.
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    This is going to fly hard soon.

    The following are new facts as of this morning's announcement. Outstanding news. This will not be a small cap for long:

    1. The rock chip assays for the Tambourah North Project have returned excellent results with 2.56% Li2O, 1.59% Li; 1.91% Li2O, 1.19% Li.
    2. MinRex is currently working on signing a drilling contractor to undertake drilling "imminently" (in George's words). Use of the word imminently tells me that we are looking at a matter of weeks (if that), not months. The drilling itself will commence Q2 2022. That drilling is planned for the Tambourah North Projects, South Coondina, Haystack Well and targeting all
      the areas mentioned in the ASX Release.
    3. The locations of the rock chip samples are set out below. A nice reminder of the promising proximity to Mineral Resources (~$11b) and Pilbara Minerals ($9.5b) etc while we are at ~$0.07b (not for long!).

    https://hotcopper.com.au/data/attachments/4254/4254302-5ebe4e51a170dd8f2c63cd06f79b242c.jpg
 
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