Mount Ridley Mines (ASX:MRD) has been granted a trading halt by the ASX this morning pending an exploration update.
The company has been drilling at the wholly-owned Mt Ridley Project in the Albany-Fraser Range Province.
About a month ago highlights from aircore drilling included: 26 metres at 0.25% nickel and 372ppm copper from 34 metres (to end of hole), including 12 metres at 0.33% nickel and 532ppm copper.
In early June the company commenced a diamond hole testing beneath the above aircore hole.
The halt will last until the opening of trade on Thursday 9th July 2015, or earlier if an announcement is made to the market.
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