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R3D Resources Delays Beefwood Drilling Due to Weather Conditions

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R3D Resources Delays Beefwood Drilling Due to Weather Conditions

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R3D Resources Limited ( (AU:TAT) ) just unveiled an announcement.

R3D Resources Limited, operating under the name Tartana Minerals Limited, is involved in the exploration and potential development of mineral resources, with a focus on copper and gold targets in Far North Queensland. The company has announced a delay in its planned drilling at the Beefwood prospect due to unfavorable weather conditions. The drilling, initially funded by a Queensland Government grant, has been postponed until the next extended dry season. The company has applied for a new round of government funding to support the drilling in 2026, demonstrating its commitment to exploring the promising copper-gold target.

More about R3D Resources Limited

Average Trading Volume: 104,622

Technical Sentiment Signal: Hold

Current Market Cap: A$10.28M

Find detailed analytics on TAT stock on TipRanks’ Stock Analysis page.

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