RMX 25.0% 1.0¢ red mountain mining limited

Ann: Red Mountain raises $1.75m to progress Red Valley Project, page-79

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  1. 4,419 Posts.
    lightbulb Created with Sketch. 143
    The complimentary assets seems to indicate they are acquiring more ground in red valley
    They must be very confident to acquire such a large area pre-drilling which tells me they must already know what the drilling will show and are gearing up for a comprehensive drilling program in preparation for a commercial operation
    If our prospect is similar to Lake Sevier then the brine is concentrated very close to the surface and would be accessible with a hand auger... maybe Bill F has analyzed the area sufficiently to warrant such a large land grab?
 
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