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Rex Minerals Set for Major Expansion at Hog Ranch
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Rex Minerals Set for Major Expansion at Hog Ranch

Rex Minerals Limited (AU:RXM) has released an update.

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Rex Minerals Limited has received approval from the U.S. Bureau of Land Management (BLM) for its Plan of Operations at the Hog Ranch Property in Nevada, enabling a significant expansion of exploration activities. The approved plan allows for an increase in permitted ground disturbance from 13.3 acres to 200 acres, facilitating a larger scale exploration for shallow oxide gold resources and advancing feasibility studies for a potential new mining operation. Following a period of public consultation and pending final approvals from the State of Nevada, Rex Minerals is poised to develop Hog Ranch into a major gold operation, while also exploring the site’s lithium potential.

For further insights into AU:RXM stock, check out TipRanks’ Stock Analysis page.

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