Where I agree with HC, this target is small. It's not that this target is potentially economic. It's that it is there in the first place. Having any massive sulphide at all is a big leap up the ladder of potential for the project. If it's proven to exist here, however small, then it throws the door wide open to the possibility that more of it could well exist elsewhere in much greater abundances. A big step forward and would put MRD up there in terms of exploration punts.
Millions of mafic-ultramafic intrusions out there. only a relative handful have sulphide, and even fewer have formed massive sulphide.
MRD Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held