RMI 0.00% 2.1¢ resource mining corporation limited

Anybody shared with head office Re the delays with results from...

  1. 9,820 Posts.
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    Anybody shared with head office Re the delays with results from Blackstone assays seem way overdue now and could be very positive to SP and company progress the recent 22cent placement in RDS to sophisticated investors seems a bit boys club to me thoughts anyone ?????

    From the latest Qat
    BLACKSTONE RANGE FARMIN/JOINT VENTURE, Halleys Project (E69/2108
    and E69/2109) (Farmin with Resource Mining Corporation Ltd (ASX: RMI)
    Redstone 90%: RMC 10%)
    A Reverse Circulation (RC) drilling programme of the Halleys Cu-PGE-Ni prospect
    was completed during the quarter. The programme consisted of 3 holes to a depth of
    300m focusing on testing the thick intercepts of disseminated Cu-PGE-Ni sulphide
    mineralisation identified by the Company during two previous shallow drilling
    programmes.
    The objective of the drilling was to also test a large EM anomaly which was identified
    from a ground electromagnetic (EM) survey conducted by the Company.
    The drilling campaign was designed to assess the potential for economic
    mineralisation at depth testing the down-dip down-plunge position at the Halleys
    prospect.
    Drilling was completed in April and assaying of all the drill holes has not yet been
    completed.
    RMI has elected to retain a free carried joint venture interest of 10% until Redstone
    completes a feasibility study.

    Happy Days
    GB:)$$$
 
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