Maiden Large-Scale Scandium Resource Defined at Mount Ridley
Mount Ridley Mines Limited (ASX: MRD) has announced a maiden JORC-compliant Inferred Mineral Resource Estimate at its Mount Ridley Project, defining 367.98 million tonnes at an average grade of 57.3 parts per million scandium at 25 parts per million cut-offs. The resource contains an estimated 18,855 tonnes of scandium metal and is distributed across multiple blocks within the Central and Northern Scandium Zones, all located along a single geological corridor within the Grass Patch Complex. Mineralisation shows consistent association with gallium and heavy rare earth elements, highlighting Mount Ridley’s emergence as a large-scale, multi-element critical minerals project. With the majority of the tenure remaining untested, the Company has identified clear potential for future resource expansion and upgrade.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Maiden Large-Scale Scandium Resource Defined at Mount Ridley
Mount Ridley Mines Limited (ASX: MRD) has announced a maiden JORC-compliant Inferred Mineral Resource Estimate at its Mount Ridley Project, defining 367.98 million tonnes at an average grade of 57.3 parts per million scandium at 25 parts per million cut-offs. The resource contains an estimated 18,855 tonnes of scandium metal and is distributed across multiple blocks within the Central and Northern Scandium Zones, all located along a single geological corridor within the Grass Patch Complex. Mineralisation shows consistent association with gallium and heavy rare earth elements, highlighting Mount Ridley’s emergence as a large-scale, multi-element critical minerals project. With the majority of the tenure remaining untested, the Company has identified clear potential for future resource expansion and upgrade.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au