Mount Ridley Mines Limited (AU:MRD) has released an update.
Mount Ridley Mines Limited has successfully completed a significant regional rock chip sampling program at its fully-owned Weld Range West Iron Ore Project in Western Australia. The exploration targeted three underexplored Banded Iron Formation (BIF) zones – Madoonga, Lulworth, and Wilgie Mia Formations – with a comprehensive geochemical program to refine targets for iron ore. The company’s Chairman, Peter Christie, expressed confidence in the project’s potential following the integration of new geochemical, geological, and structural data.
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