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Red Mountain Mining Ltd ( (AU:RMX) ) has shared an announcement.
Red Mountain Mining Limited has expanded its Utah Antimony Project through the acquisition of 19 additional claims, totaling 106 claims, following positive field results. Mapping confirmed geological similarities with a neighboring high-grade Antimony project and identified evidence of a significant epithermal system, supporting its exploration potential. The company will advance its efforts through geophysical studies and drill testing, reinforcing its positioning in the critical minerals sector and potentially enhancing shareholder and market confidence.
More about Red Mountain Mining Ltd
Red Mountain Mining Limited (ASX: RMX, US OTCQB: RMXFF) is a critical minerals exploration and development company operating in Australia and the USA, focusing on projects in Tier-1 mining districts. Its portfolio includes the Utah Antimony Project in the Antimony Mining District of Utah, USA.
YTD Price Performance: 140.0%
Average Trading Volume: 25,537,115
Technical Sentiment Signal: Sell
Current Market Cap: A$22.59M
See more insights into RMX stock on TipRanks’ Stock Analysis page.