Disappointing drill results, still early days but the fact remains; The Mt Ridley project has the potential to host world class mineral deposits in base and precious metals including copper, nickel, cobalt, lead, zinc, silver and gold.
What could work in its favour is its proximity to the $1.9 billion capped Independence Groups’ (ASX: IGO) nearby world class Nova Nickel-Copper Mine, formerly owned by junior success story Sirius Resources.
MRD Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held