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Armada Metals Ltd. ( (AU:RCM) ) just unveiled an update.
Rapid Critical Metals Limited, a company involved in the exploration and development of mineral resources, has announced the discovery of a new parallel silver lode at its Webbs Silver Project in northern New South Wales. This discovery, confirmed by a 2,000-metre diamond drilling program, suggests the presence of additional parallel lodes, enhancing the potential for expanding the existing resource footprint. The mineralisation remains open along strike and at depth, with plans for further drilling to define the geometry and resource potential as part of a larger exploration program set to commence in 2026.
More about Armada Metals Ltd.
Average Trading Volume: 10,065,296
Technical Sentiment Signal: Sell
Current Market Cap: A$69.41M
Find detailed analytics on RCM stock on TipRanks’ Stock Analysis page.