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An update from Red Mountain Mining Ltd ( (AU:RMX) ) is now available.
Red Mountain Mining Ltd is set to begin a 1000m slim-line RC drilling program at its Kiabye Gold Project in Western Australia. The drilling will target recently identified magnetic anomalies at Kiabye North and Kiabye South, which are believed to be potential sources of historical alluvial gold. The project is funded by recent capital raising efforts, and results from the Armidale Antimony-Gold Project are anticipated soon. This initiative could enhance RMX’s position in the gold exploration sector and provide valuable insights for stakeholders.
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$3.72M
Find detailed analytics on RMX stock on TipRanks’ Stock Analysis page.