Hello RML ShareholdersI am starting a new thread so that we can...

Hello RML Shareholders

I am starting a new thread so that we can discuss and track progress on RML's NT Wollogorang Project NT. Their web site suggests that it is a Cobalt project. The area is also prospective for other minerals and is attracting more attention.

For those that have heard of Redbank Copper Limited (RCP), RML tenement position sits above and next to the RCP area in the top NE corner of the NT near the QLD board.

You may or may not be aware that the Federal Government with support from the States & Territories have initiated a minerals program called "Exploring for the Future".

https://www.ga.gov.au/eftf/minerals

One of the priority areas under this program is the Northern Territory.

https://www.ga.gov.au/eftf/minerals/fis/nags




The program is spending money in this area to do extensive surveys and work with exploration to better understand the area with the aim of helping them to make discoveries. This is one of the reasons RCP jumped early to peg a lot of land in this area since July 2020. The funding and work in this area is going to put more focus and hopefully value on this and other areas within Australia.

It is worth doing your own research on what this Govt program is all about. Many companies are honing in on this as they peg new tenements.

Suggest reading pages 12-14 of the RML 2020 Annual Report issued on 18 September where it is briefly discussed.





For a bit more, I suggest you listen to this RCP interview video (16 Sep 2020) from the 7:10 minute mark.



I am not promoting RCP here.
Some of what RCP / he is talking about may also be relevant to RML as our tenements are directly touching and above theirs on the RHS of the map.


This project is not currently high on the priority list for RML right now (focus is on North64 Project in Alaska) but it may become more valuable to RML as the Govt and companies like RCP spend more money on exploration in this area over the next year or so.

A sleeper to keep an eye on .... Good Luck