Methodical delivery of MRQ results by Management, page-6

Below is a few of the important excerpts taken from yesterdays announcement.

Traders, investors and the likes need to remember this is an early exploration play, the main thing here is drill bits are hitting high grade THM, it encourages me that there are plenty of zones from surface, I am looking forward to what Batch 3-4 reveals, as these were much higher visual estimated THM %

The slime average is moderate which as can be found below "Which suggests the host sand will be amendable to typical dry mining methods and standard gravitational HMS pre-concentration"
"The laboratory assay data set from these 15 aircore holes attained an uncut average downhole grade range of 3.05%–5.79% THM, from hole depths of between 51-54 metres. These results highlight the robust nature of the HMS mineralisation in the Koko Massava area that begins near surface and continues to the end of hole in numerous cases. Based on the data set currently available (aircore batches one and two), the surface footprint of the zone of high grade HMS mineralisation >5% THM is up to 4km in strike and 1.5km in width. This is expected to be expanded with the third and fourth batches of aircore assays."

"This has yet to be factored into any analysis of potential resource scale, but will feed into the resource estimation process as well as identifying further Aircore drilling in February to potentially identify additional high grade material to add to the mix. Our focus during the Mineral Resource Study will be not only on establishing a large resource base, but also on identifying high grade/high confidence zones that may be of immediate economic interest to optimize a Scoping Study later in 2020."

"With the Auger expansion drilling program continuing at Koko Massava and the Aircore Drill ready to commence new and expansion drilling; January through February will be an informative period for Koko Massava. March and April will see us commence follow up Auger programs at Poiombo and Nhacutse as we look to replicate the same program as Koko Massava.”

"In terms of overall Slime characteristics within this aircore laboratory batch, only 98 of 256 primary samples contained Slime values >20%. The range of Slime within the batch is 4.36% to 43.16%, with overall average of 18.68%, which suggests the host sand will be amenable to typical dry mining methods and standard gravitational HMS pre-concentration."

"The Company’s second aircore laboratory results, reported here, for drilling at Koko Massava further validate the potential for definition of a significant HMS mineral resource. Additional new laboratory results for aircore drill samples are expected before the end of January 2020."

Keep in mind punters, Koko Massava is not MRQ's only lease, this company is far from a one trick pony.

Quite the sell off yesterday, IMO most likely traders trying to pick the bottom, keep in mind where brokers were accumulating before yesterday 17-2.1 cents, goes to show they didn't preempt the sell of yesterday either IMO

Lets see what comes of today, GLTAH