RMX 0.00% 0.1¢ red mountain mining limited

its going to be an agonising wait, page-22

  1. 1,823 Posts.
    lightbulb Created with Sketch. 483
    So drilling started on/around the 6th Nov.
    With 18 holes and 1300m that averages 72m per hole.
    The RC rig should have been capable of drilling 2 holes per day. More metres if 1 deep drill is done, but it takes time to pull rods, pack up and re-setup the job for 2 holes. Even with hard ground 144m should have been achievable.

    So my guess is RMX were on the last couple of holes over the weekend. The Geo's have seen something significant to warrant the Mon T/H. In a sense then I believe we are very lucky, but it also comes down to great planning for this first drill program. My first thought was gold chips, but there is always the possibility that they hit unexpected high grade copper/silver mineralisation.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $3.873M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $789 789K

Buyers (Bids)

No. Vol. Price($)
40 40327291 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 123946083 39
View Market Depth
Last trade - 10.06am 16/08/2024 (20 minute delay) ?
RMX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.