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Red Hill Iron Limited ( (AU:RHI) ) just unveiled an announcement.
Red Hill Minerals Limited has announced promising results from its recent RC drilling program in the West Pilbara Gold and Base Metal Project. The drilling has identified elevated gold and base metal intercepts across multiple targets, including Barkley Gold, Jubilee South, and S-Bend. These findings suggest potential for significant mineralization, which could enhance the company’s operational prospects and industry standing. The results, particularly from the Barkley Gold target, highlight the project’s potential, with further assay results pending and additional exploration supported by the Exploration Incentive Scheme grant.
More about Red Hill Iron Limited
Red Hill Minerals Limited is an exploration company operating in the mining industry, focusing on gold and base metal projects. The company is actively engaged in exploration activities in the West Pilbara region, targeting significant mineral deposits to enhance its market position.
Average Trading Volume: 11,544
Technical Sentiment Signal: Buy
Current Market Cap: A$212.3M
For an in-depth examination of RHI stock, go to TipRanks’ Overview page.