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Reach Resources Limited ( (AU:RR1) ) just unveiled an update.
Reach Resources has reported strong assay results from a 48-hole reverse circulation drilling campaign at its Blue Heaven deposit within the Murchison South Gold Project in Western Australia. The program, completed in December 2025, targeted both infill and extensional areas in and around existing conceptual pit designs and confirmed that gold mineralisation continues along strike, at depth and beneath historic workings.
The drilling delivered multiple new high-grade gold lodes, with several intercepts showing attractive grades and thicknesses both inside and outside current pit shells, enhancing the project’s resource growth potential. Management says the results support a significant opportunity to expand the mineral resource across the broader project area and strengthen the case for developing not only the proposed Roadhouse Project Zone but also additional zones on the southern mining leases, with updated resource estimates and mine planning work to follow.
The most recent analyst rating on (AU:RR1) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Reach Resources Limited stock, see the AU:RR1 Stock Forecast page.
More about Reach Resources Limited
Reach Resources Limited is an Australian exploration and development company focused on gold assets in Western Australia. Its key holding is the 100%-owned Murchison South Gold Project near Payne’s Find, where the company is advancing the Blue Heaven deposit and broader Roadhouse Project Zone as potential open-pit mining operations.
Average Trading Volume: 2,737,149
Technical Sentiment Signal: Hold
Current Market Cap: A$13.99M
See more data about RR1 stock on TipRanks’ Stock Analysis page.

