Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Reach Resources Limited ( (AU:RR1) ).
Reach Resources Limited has made significant progress in its Murchison South Gold Project during the September 2025 quarter. The company has completed essential environmental and heritage surveys, with no significant impediments found for future mine development. They are advancing their scoping study, which includes pit optimization and metallurgical test work, showing promising gold recovery rates. The company plans to commence a 5,000-meter infill drilling program in mid-November to increase resource confidence and reduce project risk. This progress positions Reach Resources favorably in the mining sector, potentially enhancing their operational capabilities and stakeholder confidence.
More about Reach Resources Limited
Reach Resources Limited is a company involved in the mining industry, focusing on the exploration and development of gold projects. Their primary project is the Murchison South Gold Project located in Paynes Find, Western Australia.
Average Trading Volume: 1,876,171
Technical Sentiment Signal: Sell
Current Market Cap: A$8.74M
See more insights into RR1 stock on TipRanks’ Stock Analysis page.