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Mount Ridley Mines Limited (ASX:MRD)

ALERT: Price-sensitive ASX Announcement for MRD
Current share price for MRD : $0.027 0.022 (440%)+
Release
28 Oct 2025 9:59AM
Price at Release
$0.005
Full Release
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Summary
Mount Ridley Mines Limited announced an 838.7 million tonne resource estimate containing gallium at their Mt Ridley project. The project has been identified to contain significant concentrations of gallium oxide, with detailed drill data being presented in the report. The announcement outlines the drill holes, locations, and results, emphasizing the potential for gallium extraction. The document provides extensive technical data on the drilling operations and mineralized intervals, showcasing the project's resource potential.
Key Points
  • 838.7Mt Gallium Resource Estimate at Mt Ridley Project
  • Mount Ridley Mines Limited is the company involved
  • ASX Code: MRD
  • Resource contains significant gallium concentrations
  • Detailed drill data and mineralized intervals presented
  • Potential for gallium extraction highlighted
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.