Mount Ridley Mines (ASX: MRD) — Company Overview, News & Financial Data
Mount Ridley Mines is a Western Australian exploration and development company focused on critical minerals, including heavy rare earths, scandium, and gallium.
Mount Ridley Mines
Mount Ridley Mines is a Western Australian exploration and development company focused on critical minerals, including heavy rare earths, scandium, and gallium. Its flagship project, the Mount Ridley Project (Grass Patch Complex), is located approximately 35 kilometres from the deep-water port of Esperance in Western Australia and covers a total tenement package of approximately 3,400 square kilometres. In addition to its primary clay-hosted rare earth and critical mineral assets in the Esperance region, the company holds the Weld Range West Project located in the Mid-West region of Western Australia, covering an area of 52 square kilometres.
Snapshot
Operations
Products and/or services of Mount Ridley Mines
- Heavy Rare Earths Exploration: Clay-hosted rare earth element evaluation across a major Western Australian tenement block near Esperance, featuring an inferred mineral resource of 122.5 million tonnes grading 889 parts per million total rare earth oxide with key dysprosium, terbium, and yttrium elements.
- Scandium Resource Evaluation: Co-located scandium mineral asset development in Western Australia, containing a JORC-compliant inferred mineral resource of 367.98 million tonnes at 57.2 parts per million scandium, yielding approximately 18,555 tonnes of contained scandium metal within a regolith profile.
- Gallium Resource Advancement: Critical mineral evaluation focusing on gallium deposits situated in Western Australia, defined by an inferred mineral resource of 838.7 million tonnes at 28.3 parts per million gallium, comprising 24,584 tonnes of total contained metal.
- Metallurgical Processing Testwork: Technical studies and mineral processing testwork, including flotation, beneficiation, and recovery evaluation, aimed at optimizing extraction pathways and multi-element recovery from clay-hosted critical mineral deposits situated in the southern region of Western Australia.
- Mid-West Exploration Tenements: Mineral exploration and geophysical targeting across a 52 square kilometre holding in the Mid-West region of Western Australia, evaluating potential clay-hosted rare earth systems and critical mineral occurrences separate from southern regional operations.
- Regional Tenement Footprint: Strategic landholding and greenfield mineral exploration across a 3,400 square kilometre contiguous area positioned 35 kilometres from the deep-water port of Esperance in Western Australia, covering 68 kilometres of prospective strike length.
Mount Ridley Mines executive team
- Mr. Kieran Witt C.A.Company Secretary & Non-Executive Director
- Mr. David John Crook B.Sc., GAICD, MAIG, MAusIMMTechnical Consultant