For all you DTs. Suposedley part of MH370 was found on the Island of Reunion. RGD should fly today
Guyana. The project is centered in and around the abandoned manganese mine at Matthews Ridge and Pipiani which was operated by a subsidiary of Union Carbide Corporation from 1962 to 1968. In excess of 1.66 million tonnes of manganese concentrate were shipped from the mine site during that period. The main project footprint hosting the manganese mineralization consists of a 15 km-long series of nine hills contained within the Matthews Ridge Formation and is known to extend for more than 40 kilometers of strike.
Highlights
In October 2010: Exploration commenced. Over 65,000 meters of drilling completed in 2011 and 2012.
In March 2011: A mineral agreement with the Republic of Guyana was executed. The agreement sets out the fiscal terms and conditions for the exploration, development and mining at the Matthews Ridge manganese project.
In February 2013: Measured and indicated resource was estimated at 32.4 M tonnes at 14.0% Mn using an 8% Mn cutoff grade with an additional 5.3 M tonnes of inferred resources grading 15% Mn at an 8% Mn cutoff grade.
In July 2013: Pre-feasibility study was completed. The Matthews Ridge Project is currently on care and maintenance while the Company is evaluating different options to finance the further development of the project. LATEST NEWS
