Also worth keeping in mind that the RIO discovery may be mineralisation of a type related to Nifty.
If this is so it would be huge for RDM as it would bring the western Yarrie tenements into play as well. These tenements were picked up by RDM for their Nifty look alike antiform structures (6 apparent on the geophysics) (see ASX announcement 19.4.18).
It would totally rerate the prospectively of RDM's tenements having these dome structures sitting there ready to drill (not just that one aeromag target in the eastern tenement).
We''ll just have to wait for more info about the RIO discovery to be released, or leak, so we know what the exact style of mineralisation is.
Also worth keeping in mind that the RIO discovery may be...
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