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Red Mountain Mining Unveils Promising Gold Discoveries at Kiabye Project

Story Highlights
  • Red Mountain Mining focuses on gold and battery metals exploration in Australia and Canada.
  • Promising gold assay results and new nugget discoveries boost RMX’s exploration prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Red Mountain Mining Unveils Promising Gold Discoveries at Kiabye Project

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An announcement from Red Mountain Mining Ltd ( (AU:RMX) ) is now available.

Red Mountain Mining Ltd has announced promising initial assay results from its Kiabye Gold Project in Western Australia’s Murchison Province. The drilling results confirmed the presence of auriferous quartz veining at Kiabye South, with the best result showing 2.92 g/t Au over 1m. Additionally, six new gold nuggets were discovered at the Prospectors Patch area, indicating potential for further exploration. These findings could enhance RMX’s position in the gold exploration industry and offer new opportunities for stakeholders.

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 discovering and developing mineral resources, with a particular emphasis on gold exploration projects.

YTD Price Performance: -20.0%

Average Trading Volume: 5,910,543

Technical Sentiment Signal: Sell

Current Market Cap: A$4.48M

Learn more about RMX stock on TipRanks’ Stock Analysis page.

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