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Red Hill Iron Limited ( (AU:RHI) ) just unveiled an announcement.
Red Hill Minerals Limited has completed an Induced Polarisation survey at its Anabama Project in South Australia, revealing a promising 4-kilometer strike potential for copper-gold mineralization along the Anabama-Redan Shear Zone. The survey results indicate significant chargeability and resistivity anomalies, with the highest chargeability areas yet to be drill tested. The company has finalized a Native Title Agreement with the Wilyakali Native Title Aboriginal Corporation, paving the way for upcoming drilling activities.
More about Red Hill Iron Limited
Red Hill Minerals Limited operates in the mining industry, focusing on the exploration and development of copper, gold, and uranium resources. The company is involved in the Curnamona Earn-In Joint Venture with Peel Mining Limited, with a particular interest in the Anabama Project located in South Australia.
Average Trading Volume: 11,449
Technical Sentiment Signal: Buy
Current Market Cap: A$225.7M
For a thorough assessment of RHI stock, go to TipRanks’ Stock Analysis page.