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Redcastle Resources Limited ( (AU:RC1) ) just unveiled an announcement.
Redcastle Resources Limited announced that its drilling program is progressing well, with 6,550 meters completed and 3,744 samples sent for assay. Despite a temporary pause in drilling to await sample analysis, the program remains on schedule, aiming to optimize drilling locations and release results by the end of March 2025. This initiative, targeting locations like Queen Alexandra and Redcastle Reef, involves both exploration and infill drilling to expand and classify resources, demonstrating the company’s dedication to enhancing its mineral resource base.
More about Redcastle Resources Limited
Redcastle Resources Limited operates in the mining industry, focusing on mineral exploration and drilling. The company is engaged in activities aimed at identifying and developing mineral resources, particularly in the Eastern Goldfields region.
Average Trading Volume: 1,469,228
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$5.2M
See more insights into RC1 stock on TipRanks’ Stock Analysis page.
