I think you will find that DRM gave up exploring Mt Fisher for gold because of their own cost pressures and presence of very high grade new finds at Deflector/Da Vinci being a better place to invest. Sure there was no quick find bonanza in the Mt Fisher area but I think the indications were enough to warrant further exploration and RXL may yet find a new partner.
Earlier comments by RXL are that:
"Drilling by Rox has also defined numerous high-grade gold targets and a JORC 2004 Measured, Indicated and Inferred Mineral Resource (ASX:RXL 10 February 2012) of 973,000 tonnes grading 2.75 g/t Au reported at a 0.8 g/tAu cut-off exists for 86,000 ounces of gold (Measured: 171,900 tonnes grading 4.11 g/t Au, Indicated: 204,900 tonnes grading 2.82 g/t Au, Inferred: 596,200 tonnes grading 2.34 g/t Au) aggregated over the Damsel, Moray Reef and Mt Fisher deposits."
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $57.48M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $135.9K | 868.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1088851 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 89486 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 6539315 | 0.008 |
15 | 12069642 | 0.007 |
5 | 2958583 | 0.006 |
5 | 3098180 | 0.005 |
3 | 1255003 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1924318 | 1 |
0.010 | 1406625 | 6 |
0.011 | 888479 | 5 |
0.012 | 621646 | 2 |
0.013 | 1000000 | 2 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
RXL (ASX) Chart |