MRD 0.00% 0.1¢ mount ridley mines limited

Ann: Quarterly Activities Report and Appendix 5B, page-4

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  1. 1,055 Posts.
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    Hi Dreagle

    Have been following the fortunes of St George Mining - SGQ. They are using Gap Geophysics and the Sampson system for their ongoing exploration also.

    Based on the sgq announcements, they started a program on 9th November, using sampson, which took about a week or so to complete the ground survey. The preliminary results stating they had identified a number of targets were announced to the market on 22nd November.

    There was no mention of size of the targets, as the data had to be modelled and interpereted etc. But at least the shareholders know something has been found and it's not a duster.

    So MRD, should at least have an idea very soon, if they have some target to chase.

    Cheers
    Tradealot
 
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