RMX red mountain mining limited

Ok.. personally I think I will just stick with what the company...

  1. 2,014 Posts.
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    Ok.. personally I think I will just stick with what the company announcements have to say..

    WA Government EIS Co-funded drilling grant of up to $150,000 awarded to the Company to drill
    test Heavy Rare Earth Element (HREE) Targets
    • Mt Mansbridge Exploration Work Programs Expected to Commence May/June * That's May- next month.
    It is expected that several targets will be highlighted during this upcoming exploration program and
    prioritized for EIS Grant assisted drill testing later in the year.
    *Realistically this could mean any time after June..

    next-
    23/Feb/21
    Proposed Initial Exploration Programme-
    a review of historical work on its Koonenberry tenure, RMX is proposing to undertake:
    1) Initial project reconnaissance and sampling of and around old mine workings to obtain:
    - Confirmation of presence of gold in structural lineaments;
    - Confirm the paragenesis of primary gold occurrence;
    - Potential evidence of structural complexity in line with historic observations.
    2) Conduct a geophysical survey to locate main structures and possibly jogs (through weathering
    profile) using passive seismic (N-S main structures and possibly E-W trending structures), as
    Manhattan Corporation (ASX: MHC) project’s perpendicular Gum Creek kink breaks have potential
    advantageous influence in any gold deposition.
    *You will probably find some of these works have already begun and the ground works are scheduled to begin at any time.

    Don't loose Faith now... the fun stuff is only just beginning..
    let's see how the market reacts to our current planned drilling program, this project alone could knock it out of the park by the look of the targets identified.
 
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Mkt cap ! $4.649M
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