"MRG Chairman, Andrew Van Der Zwan commented "The Company is...

"MRG Chairman, Andrew Van Der Zwan commented "The Company is pleased to have successfully completed the important Due Diligence process and will now progress to formal acquisition via Shareholder approval, anticipated prior to end of June. This acquisition will provide MRG with pipeline of projects in a World Class HMS province. We look forward to providing Shareholders with an update shortly covering additional information on the Projects, the proposed exploration plans commencing in Q3, and the expanded Project plans into 2019."



So an update with additional information on the projects is due shortly with shareholder meeting & approval scheduled prior to end of June.

The best part of this is the "proposed exploration plans commencing in Q3", given the simple, shallow nature of drilling, I would expect MRQ to prove a resource quite quickly. Historical results at wide spacing show that the HMS are there, its just a matter of proving up a JORC compliant resource.

Just a reminder, here is the milestone 1 target.... "achievement of a 350M tonne JORC 2012 compliant resource (minimum Total Heavy Minerals (THM) of 5%)"

GLTAH + DYOR
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