Back from hiatus
Spoke to Andrew and received a very positive update and view on drilling from the company's perspective
- Hole 3 was targeted because of the Sasak technology
- Hole 1 was targeted using more tradition methods leveraging identification of a known anomaly
- unlucky timing of the assay results having to report hole 1 and 2 after we had reported hole 3. For some they have tried to treat it as 2 failures in 1 drilling program
- hole 3 was a stand out ....but un-mineralised. However the identification of proximal and distal alteration is as good as it gets without finding the ore - can be literally be meters away from Gold Ore yet only have less than 100ppb Au in the rock.
- MRQ have sufficient funds to continue the exploration program at Yardilla and will do so as soon as we can
I am therefore holding and waiting for next round of drilling. They should have a program and follow up targets announced this week, with next round of drilling much more targeted and expected to encounter the nearby source of mineralisation - no need for a CR in the short term, so next round of drilling results are critical
- Forums
- ASX - By Stock
- The target at Yardilla
Back from hiatus Spoke to Andrew and received a very positive...
-
- There are more pages in this discussion • 141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRQ (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $10.84M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $8.191K | 2.429M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 13857894 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 16749222 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 13857894 | 0.003 |
39 | 35046982 | 0.002 |
27 | 79532287 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 16749222 | 24 |
0.005 | 17218847 | 16 |
0.006 | 8911250 | 9 |
0.007 | 5484000 | 7 |
0.008 | 6508095 | 6 |
Last trade - 12.13pm 19/08/2024 (20 minute delay) ? |
Featured News
MRQ (ASX) Chart |