Red Mountain Mining Ltd (AU:RMX) has released an update.
Red Mountain Mining Ltd has expanded its gold exploration endeavors by securing four new licenses in the promising Fry Lake area, part of Ontario’s historic Pickle Lake gold mining district. The licenses, which encompass various geological structures with potential for gold lode mineralization, pave the way for Red Mountain’s maiden exploration program. This strategic move situates the company in a renowned mineral belt, with a history of significant gold production, for an investment of less than CAD $9,500.
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