MRD 0.00% 0.1¢ mount ridley mines limited

Ann: Exploration Update, page-3

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  1. 3,001 Posts.
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    it appears conductive lacustrine clays have
    been causing problems with differentiating bedrock from near surface conductors. The
    Company anticipates that ongoing analysis of EM results from the 2014 to 2017 surveys in an
    attempt to optimise future surveys.

    Does this mean in simple terms there is nothing there? Ie magnetic anomolies detected at surface have proven to not be what they thought?
 
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