Hello Ron,
Their head geologist, Gordon Price, was down in California this week,
reviewing the property. He also is checking out another property in
Nevada that they have got a lock on, and should announce an aquisition
on this shortly. There are NO DRILL RESULTS pending,(from the California property) as of yet, although they did do some sampling and further mapping for drill locations. Previous drilling and initial sampling on this property
have been very encouraging. MXR is shortly going to do a PP to raise
funds for this program, at a price around the .20cent/share range.
After this occurs, the company is planning on an EOP, which would be
huge for the company, but requires alot of work, committment and time.
Both California and (Nevada) can be worked year round, which creates
a very exciting few months ahead for MXR. The information obtained
by this weeks geophysical work on both the California and the (prospective Nevada) properties, will be available from MXR next week.
Regards, |
