VMM 10.5% 72.5¢ viridis mining and minerals limited

Ann: Top 20 Holders, page-3

  1. 103 Posts.
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    Anyone know anything about the Australian properties - looks like one had 5 rc holes that were dusters. Other very little exploration.

    the east of the Boddington West Project has also been undertaken, with
    5 drillholes falling within the far-eastern portion of the Boddington West
    Project area, with no significant results reported.

    Nunavut is high risk in my opinion. Drilling season is only a few months - although winter drilling does take place - , expensive mobilization as everything is flown in - likely from Yellowknife. No access roads. Permafrost. So drill programs are expensive especially in a market where diamond drills are booked for up to a year in advance. Then you have the social issues - land claims, environmental regulations etc.
 
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