Mount Ridley Mines Ltd (ASX:MRD) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open.
Mount Ridley requested the halt pending an exploration update.
Earlier in the month the company completed a diamond hole at its flagship project Mt Ridley, which is located in the highly prospective Albany-Fraser Province of Western Australia.
The halt will remain in place until the opening of trade on Wednesday, 12th October 2016, or earlier if an announcement was made to the market.