Quarterly Activities/Appendix 5B Cash Flow Report
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| Stock | Mount Ridley Mines Ltd (MRD.ASX) |
|---|---|
| Release Time | 30 Jul 2026, 5:51 p.m. |
| Price Sensitive | Yes |
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Mount Ridley Mines Reports on Quarterly Activities and Re-Assay Results
Key Points
- Phase 1 metallurgical testwork commenced for HREE mineralisation at Winstons and Keiths Prospects
- Initial Scandium Re-assay Program identified two new open scandium trends
- CSIRO Kick-Start co-funding secured for downstream scandium development
- Chris Larder appointed as Chief Technology Officer
- Mount Ridley's shares listed on OTC Markets Group platform
Full Summary
Mount Ridley Mines Limited (ASX: MRD) has reported on its activities for the quarter ended 30 June 2026. Key highlights include the commencement of Phase 1 metallurgical testwork at the Winstons and Keiths Prospects, focusing on regolith-hosted HREE mineralisation. The initial Scandium Re-assay Program identified two new open scandium trends, including a high-grade zone approximately 13km southwest of the current Block 1 Resource. Additionally, the company secured CSIRO Kick-Start co-funding for a $104,000 project to advance downstream scandium development opportunities. Chris Larder was appointed as Chief Technology Officer, and the company's shares commenced quotation on the OTC Markets Group platform under the ticker MRDMF.
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