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Red Mountain Mining Reports High-Grade Antimony Discoveries at Armidale Project

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Red Mountain Mining Reports High-Grade Antimony Discoveries at Armidale Project

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Red Mountain Mining Ltd ( (AU:RMX) ) has issued an announcement.

Red Mountain Mining Ltd reported significant progress in its exploration activities at the Armidale Antimony-Gold Project in New South Wales during the quarter ending June 30, 2025. The company conducted a successful soil and rock sampling program at the Oaky Creek prospect, revealing high-grade antimony mineralization and identifying potential new targets. These findings underscore the project’s considerable potential and could enhance Red Mountain’s position in the mining industry, potentially benefiting stakeholders by increasing the project’s value and future prospects.

More about Red Mountain Mining Ltd

Red Mountain Mining Ltd is an explorer of gold and battery metals, operating primarily in Australia and Canada. The company focuses on projects that involve the exploration of valuable minerals such as gold and antimony, which are crucial for various industrial applications.

YTD Price Performance: -20.0%

Average Trading Volume: 5,910,543

Technical Sentiment Signal: Sell

Current Market Cap: A$4.66M

See more insights into RMX stock on TipRanks’ Stock Analysis page.

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