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The latest announcement is out from Red Hill Iron Limited ( (AU:RHI) ).
Red Hill Minerals Limited has announced the commencement of a diamond drilling program at the Barkley Gold target within its West Pilbara Gold and Base Metal Project. This initiative, funded in part by the Western Australian State Government’s Exploration Incentive Scheme, aims to enhance geological understanding and assess the mineralization potential along the Deepdale Fault system. The drilling program is expected to provide critical insights into the region’s gold and base metal prospectivity, potentially expanding Red Hill’s exploration efforts.
More about Red Hill Iron Limited
Red Hill Minerals Limited operates in the mining industry, focusing on gold and base metal exploration. The company is engaged in exploration activities primarily in the West Pilbara region, targeting significant geological structures such as the Deepdale Fault system for potential mineralization.
Average Trading Volume: 19,871
Technical Sentiment Signal: Hold
Current Market Cap: A$213.5M
For an in-depth examination of RHI stock, go to TipRanks’ Stock Analysis page.