MFE magnetite mines limited

drilling

  1. 873 Posts.
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    I have just had a chat with the Exploration Manager of Royal Resources and looks like all is on track for drilling to commence in March. He is heading upto the Pilbara early next week to get the last paperwork and approvals completed. They will have a drill rig available in the next fortnight and plan to drill the Railway prospect first followed by Marillana and then Prairie Downs. Also said they are very excited about their JV with Gindalbie and especially the Shine prospect. There are plans at present to do more work there in the next few months. All up in the next few months there will be alot of things happening which hopefully will get the share price moving.

    Cheers
 
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