Red Mountain Ramps Up Exploration at High-Grade Oaky Creek Antimony Prospect

Red Mountain Mining Ltd ( (AU:RMX) ) has shared an update.

Red Mountain Mining has launched an expanded auger soil sampling program at the Oaky Creek high‑grade antimony prospect within its Armidale Antimony-Gold Project in New South Wales, aiming to systematically test the full ~3km strike length of existing antimony soil anomalies at Oaky Creek North and South. Building on previously reported high-grade assays that suggest a large-scale orogenic antimony-gold vein system comparable to Larvotto Resources’ Hillgrove deposit, the program is intended to refine multiple drill targets for the next drilling phase by next quarter, with analytical results expected by March; backed by recently secured funding from high net worth and family office investors, the company is fully financed to execute this exploration campaign while continuing to pursue additional critical metals acquisitions in Australia and the United States.

The most recent analyst rating on (AU:RMX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Red Mountain Mining Ltd stock, see the AU:RMX Stock Forecast page.

More about Red Mountain Mining Ltd

Red Mountain Mining Ltd (ASX: RMX, US OTCQB: RMXFF) is a critical minerals exploration and development company focused on building an established and growing portfolio in Tier-1 mining districts in the United States and Australia. The company’s key focus includes antimony-gold projects, notably the 100%-owned Armidale Antimony-Gold Project in northeast New South Wales, which spans 400km² and hosts multiple orogenic gold and antimony occurrences analogous to major Australian deposits.

Average Trading Volume: 9,850,866

Technical Sentiment Signal: Sell

Current Market Cap: A$23.53M

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