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Reedy Lagoon Corporation Limited ( (AU:RLC) ) has provided an announcement.
Reedy Lagoon Corporation Limited announced an update on the gold assay results from its Burracoppin Gold project, particularly at the Windmills prospect. The new surface soil samples have reinforced the gold potential of the site, with assays showing elevated gold levels along a target structure of a 1,500-meter auriferous zone. This development is significant for the company as it enhances the prospects of the Burracoppin project, with further soil sampling and data collection planned to optimize drill targets. The results could potentially improve Reedy Lagoon’s position in the gold exploration sector and bring valuable insights for stakeholders.
More about Reedy Lagoon Corporation Limited
Reedy Lagoon Corporation Limited is a company operating in the mining industry, specializing in exploration projects with a focus on gold. The company is engaged in the development of its Burracoppin Gold project, which is situated in the central Wheatbelt of Western Australia, between Perth and Kalgoorlie.
Current Market Cap: A$1.55M
For an in-depth examination of RLC stock, go to TipRanks’ Stock Analysis page.
