Those results today were in my view a very positive start. The Wattle Dam discovery wasn’t an overnight success for RMS, they defined a smallish deposit and had no idea that there was a high grade resource beneath it. It wasn’t until they were actually mining it that the higher grade extension was discovered. Some may remember reading about their exceptional hit at 6770gpt.
This area is known to host super high grade but ‘nuggety’ gold. I think most would appreciate that due to the nature of the gold deposits in the area that discovery can be both challenging and rewarding. The fact that their first mini RC drilling program came up with such high grade localised gold is proof that it’s there for the finding.
With the coffers now refilled you can bet these results will be expanded upon as soon as possible. There’s going to be plenty of dusters along the way but here they are drilling for high grade gold in an area known to host company making deposits and they’ve hit gold first up.
- Forums
- ASX - By Stock
- MXR
- Ann: Significant gold intersection adjacent to Wattle Dam
Ann: Significant gold intersection adjacent to Wattle Dam, page-24
-
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $16.68M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.9¢ | $11.37K | 291.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 169000 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 169000 | 0.037 |
1 | 300000 | 0.036 |
2 | 91923 | 0.035 |
2 | 272958 | 0.034 |
1 | 18000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 150000 | 1 |
0.041 | 99020 | 1 |
0.042 | 16387 | 1 |
0.045 | 320479 | 2 |
0.046 | 94467 | 1 |
Last trade - 15.54pm 14/11/2024 (20 minute delay) ? |
Featured News
MXR (ASX) Chart |