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Reach Resources Limited ( (AU:RR1) ) has provided an announcement.
Reach Resources Limited has commenced a reverse circulation drilling program at its Murchison South Gold Project, focusing on high-grade gold areas previously identified. This initiative aims to validate historical interpretations and could enhance Reach Resources’ positioning in the gold exploration market, potentially impacting its stakeholders positively by confirming valuable resources.
More about Reach Resources Limited
Reach Resources Limited is a critical mineral explorer with a significant portfolio in the Gascoyne Mineral Field. The company diversifies its operations with interests in lithium, rare earth elements, niobium, and manganese exploration, as well as possessing an inferred gold resource at Payne’s Find. Notably, Reach Resources is invested in a patented technology for recycling rare earth elements from devices like electric vehicles and wind turbines.
Average Trading Volume: 1,374,333
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.12M
See more insights into RR1 stock on TipRanks’ Stock Analysis page.