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Reach Resources Limited ( (AU:RR1) ) has shared an announcement.
Reach Resources Limited has commenced a 5,000-meter reverse circulation drilling program at its Murchison South Gold Project in Western Australia. The program aims to upgrade resource classifications from inferred to indicated and explore new mineralization zones, potentially enhancing the project’s resource inventory and strengthening the company’s position in the gold mining sector.
More about Reach Resources Limited
Reach Resources Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily involved in the exploration of gold deposits in the Murchison region of Western Australia, with a market focus on expanding and upgrading its gold resource classifications.
Average Trading Volume: 1,883,295
Technical Sentiment Signal: Sell
Current Market Cap: A$9.62M
For detailed information about RR1 stock, go to TipRanks’ Stock Analysis page.