MRD 0.00% 0.1¢ mount ridley mines limited

The massive may not be in this particular system at target 19. A...

  1. 407 Posts.
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    The massive may not be in this particular system at target 19. A lot of work still to be done I'd say. Why previous management used AMT I don't know, very ambiguous results that have a nasty habit of disappearing in front of the drill bit in other places around the world from what I've seen. Wouldn't be my first tool of choice to look for nickel.

    As it said in the annual report, the major hurdle of demonstrating that nickel sulphide has formed has been passed. There are literally trillions of cubic kilometres of mafic-ultramafic rocks in the world. What differentiates this project from the great majority of others looking for that needle in the haystack of all those trillions of tonnes of barren rock is that MRD now know here that they have formed nickel sulphide.

    Now just need to see if they have enough of it to make a mine. No guarantees, but well ahead of the curve in the search for nickel when compared to others. GLTA and DYOR
    Last edited by Ellendale: 04/10/16
 
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