RMG 0.00% 0.7¢ rmg limited

rmg and rmg services, page-16

  1. 928 Posts.
    What we actually know is the following:

    Best results so far from March quarterly:


    Hole Intercept PPM Cu (parts per million)

    35.7 to 37.0 (1.3m) 4638 - 0.46%
    44.0 to 45.0 (1.0m) 12600 - 1.26%
    58.0 to 60.0 (2.0m) 4335 - 0.44%

    32.0 to 34.0 (2.0m) 3391 - 0.34%
    40.0 to 42.0 (2.0m) 3292 - 0.33%
    42.0 to 43.0 (1.0m) 6060 - 0.61%

    48.0 to 49.0 (1.0m) 3103 - 0.31%
    54.0 to 55.0 (1.0m) 4393 - 0.44%

    From the other 14 holes drilled from the quarterly dec 2008 the best result was 1.39% copper.

    RMG Services/Teck Comminco - Found 900m in one whole at 2.0% and although the grade was not high the amount was spectactcular.

    SOME OF CDU RESULTS RELEASED JAN 2009

    Intersected 132m @ 3.74% Cu fm 34m 166m
    Including 103m @ 4.38% Cu fm 34m 137m
    And 34m @ 8.57% Cu fm 54m 88m

    Intersected 94m @ 2.47% Cu fm 31m 125m
    Including 31m @ 5.14% Cu fm 71m 102m

    Intersected 83m @ 1.42% Cu fm 70m 153m
    Including 52m @ 1.88% Cu fm 79m 131m
    And 11m @ 4.29% Cu fm 80m 91m

    Some of REX MINERALS RESULTS RELEASED JAN 2009

    Down hole intersection of 259m @ 1.7% copper and 0.4g/t gold from 205m in HDD018W1* including,26m (estimated true width of 11m) @ 4.4 % copper and 0.9g/t gold from 416m
    75m (estimated true width of 31m) @ 3.3% copper and 0.8g/t gold from 205m in drill hole HDD018
    5m (estimated true width of 2.5m) @ 3.5 % copper and 0.6g/t gold from 447m in drill hole HDD018

    The RMG Ltd results so far show low grade copper. Certainly not at the same level as CDU ! I will admit it is very early stages and if as it states the copper is widespread they might have a chance of finding something economical, but it will depend a lot on the price of copper.


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