More positive news and the grade in this round of results is much better. Drilling deeper and still finding and the gold vein is extending and drilling at dip confirms that the width is extending. MRE is currently at 230Koz but I speculate once they can confirm that the width is 50m, they will revise the MRE at Boorara to ~ 500Koz i.e double the MRE. Hopefully MRP can achieve this soon.
It will be interesting to see how much more positive results do we need to convince the big gold miners to buy into MRP.
MRP Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
