Red Mountain Mining Ltd (AU:RMX) has released an update.
Red Mountain Mining Ltd is set to begin gold exploration at Flicka Lake within the Fry Lake Project in Ontario, Canada, targeting areas with promising geological features for gold lode mineralization. The exploration program will involve sampling by the company’s geologists, in a region that is part of the gold-rich Uchi mineral belt, historically yielding 32Moz of gold. The company’s focus on structural targets and favourable geological units aims to identify potential new gold deposits.
For further insights into AU:RMX stock, check out TipRanks’ Stock Analysis page.
