Response to ASX Price Query

Key points

• No undisclosed exploration results affecting stock price
• Awaiting results from ongoing testwork programs
• No specific explanation for recent stock trading activity

Full summary

Mount Ridley Mines Ltd (ASX: MRD) responded to an ASX price query concerning a recent change in its securities' price. The company confirmed it is not in possession of any unannounced exploration results that could explain the price change. MRD is awaiting results from three ongoing testwork programs, including Phase 2 of a re-assay program, flotation testwork, and initial metallurgical testwork. The company is not aware of any other information that could explain the recent trading in its securities. The response was authorized under the company's continuous disclosure policy.