RMX 11.1% 1.0¢ red mountain mining limited

Hi all, From the current drilling I'm expecting results from...

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  1. 494 Posts.
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    Hi all,

    From the current drilling I'm expecting results from analysis of the brine samples taken and nothing more. Any further information would be a bonus - they have not, to my knowledge, stated they are testing flow rates or aquifer thickness. Its a drill with samples being taken - They're not spudding it.

    Perhaps after the drill campaign is completed that will have enough data to estimate aquifer size - but I don't think so - not from 3 holes. They could say from 150m - 175m we returned brine with Li of 250mg - but the work that goes into estimating aquifer size is a whole different process.

    IMO - first - establish if there's Li there in commercial quantities.
    Next - spend the $$ the prove up the resource size, quality, consistency, flow rates.
 
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