Ann: Significant gold intersection adjacent to Wattle Dam, page-71

Great post Michael.

As you have illuminated the ground is excellent and ripe for another significant discovery if we haven't already got one sitting under our nose. By that Im referring to Redback that you alluded to, which at this stage has greater promise than what Wattle Dam did pre mining due to the size of the resource being larger at similar stages of discovery. Adding to that we now know that we have high grade gold at S5 between these two deposits. It really is an exciting opportunity considering the MC.

It is no wonder that Tolga has cornerstoned MXR with $1m, it really is a no brainer considering the immediate opportunities and future exploration along the highly prospective Spargoville shear zone. As he has stated he has many opportunities come across his desk every day and he only takes on the very best in accordance to his years of experience and knowledge in the industry dictate. He is also a firm believer in backing a team as well as the best exploration plays so it is a massive tick for the new management team as well. Lets hope as shareholders that this is BGL MK2 and we are on another Tolga winner.

Exploration is a risky game however MXR, with the backing of Tolga, is a company that has the reward aspect skewed in the right direction. GLTA