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14.3%

0.4¢ mrg metals limited

Appreciate the update. Some good info there. Thanks Von.

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SitVisVobiscum

259 Posts.

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06/02/17

08:14

Post #: 22388444
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Originally posted by vontrader ↑

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

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Appreciate the update. Some good info there. Thanks Von.

MRQ Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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Last 0.4¢		Change 0.001(14.3%)		Mkt cap ! $9.490M

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

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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

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