MRD Stock Discussion

Mount Ridley Mines Ltd   Description

Mount Ridley Mines Limited is an Australia-based company engaged in mining exploration. The Company focuses primarily on projects in the Fraser Range region with the prospective to host mineral deposits in base and precious metals, including nickel, copper, cobalt, silver and gold. The Company's projects are approximately 60 kilometers north-east of Esperance in the prospective Albany-Fraser Belt of Western Australia. The Company holds four granted Exploration Licenses located in the prospective Fraser Range region of Western Australia. The Company has a portfolio of tenements totaling in excess of 950 square kilometers, including E63/1547, E63/1564, E63/1617 and E63/1719. The Company focuses on the Mt Ridley Project. The Company conducted air core and diamond drilling at its Mt Ridley Project. The Fraser Range is host to the Nova and Bollinger nickel and copper discoveries, discovered by Sirius Resources Limited, which is owned and managed by Independence Group NL.

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Gold Chemistry Metal Copper Natural Sciences Metals Chemical Elements Nickel Silver Cobalt Mines Transition Metals Dietary Minerals Drilling Precious Metal Precious Metals Ferromagnetic Materials Diamond Cobalt Mining E63 Nokia E63 Smartphone