I was very encouraged to read the following in the ASX update today for RMG:
"• A number of copper mines were worked during the period 1880‐1920. Average grade ore assayed 9 to 15% copper. Primary sulphide ore was reported in the deepest workings. • Previous shallow drilling intercepted significant copper mineralization and assays showed up to 2.2% copper. Recent XRF assays of rock chips include zones containing up to 34% copper. • Detailed geological mapping has continued and demonstrates the copper mineralisation is more extensive than previously thought."
DYOR
RMG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held