Riversgold Ltd. (AU:RGL) has released an update.
Riversgold Ltd has announced the grant of the Wodgina East tenement E45/6363, located adjacently east of Mineral Resources’ Wodgina Lithium mine, with identified channel iron deposits (CID) in the Pilbara region. Promising iron grades from historical samples and recent mapping by APEX Geoscience support the potential for development, particularly due to the project’s strategic location near the Great Northern Highway and proximity to Port Hedland’s Utah Point terminal. The company is planning further sampling and testing to assess the deposits’ beneficiation potential.
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