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Red Mountain Mining Ltd ( (AU:RMX) ) has shared an announcement.
Red Mountain Mining Ltd has confirmed the presence of the antimony mineral Stibnite at its Armidale Project in New South Wales, Australia. The company has identified an inferred antimony system with a strike length of over 1km at Oaky Creek North and plans further exploration across multiple underexplored zones. This discovery positions Red Mountain Mining as a significant player in Australia’s premier antimony province, potentially impacting its market positioning and stakeholder interests.
More about Red Mountain Mining Ltd
Red Mountain Mining Ltd is an Australia and Canada based company specializing in the exploration of gold and battery metals.
Average Trading Volume: 19,006
Technical Sentiment Signal: Sell
Current Market Cap: A$3.25M
For an in-depth examination of RMX stock, go to TipRanks’ Stock Analysis page.