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Red Mountain Mining Ltd ( (AU:RMX) ) just unveiled an update.
Red Mountain Mining Ltd has announced the results of a technical study at its Silver Dollar Antimony Project in Idaho, revealing strong silver and gold potential with historical assays reporting up to 85.7 g/t Silver and 17.5 g/t Gold. The company plans to expand the project area and commence its maiden exploration program, aiming to capitalize on the rising silver and antimony prices. This strategic move positions RMX to enhance its portfolio in the Critical Minerals sector, aligning with the increased demand for these resources in the United States and the West.
More about Red Mountain Mining Ltd
Red Mountain Mining Limited (ASX: RMX, US OTCQB: RMXFF) is an Australian and United States-based company specializing in the exploration and development of Critical Minerals. The company has a growing portfolio of projects located in Tier-1 Mining Districts, focusing on meeting the demand for reliable sources of Critical and Strategic Metals.
YTD Price Performance: 160.0%
Average Trading Volume: 27,730,333
Technical Sentiment Signal: Sell
Current Market Cap: A$24.25M
For detailed information about RMX stock, go to TipRanks’ Stock Analysis page.