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Redcastle Resources Limited ( (AU:RC1) ) has shared an update.
Redcastle Resources has identified 16 potential “walk-up” gold targets across the TBone Belt, based on a comprehensive compilation and review of historical surface geochemistry from open-file WAMEX reports combined with its own fieldwork. Only about half of the TBone Belt has historically been sampled and drilling is sparse, leaving large areas untested by modern exploration; this enhances the belt’s discovery upside and expands Redcastle’s target inventory beyond historical workings, improving the company’s pipeline of prospects and supporting more systematic future exploration and prioritisation efforts.
The most recent analyst rating on (AU:RC1) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Redcastle Resources Limited stock, see the AU:RC1 Stock Forecast page.
More about Redcastle Resources Limited
Redcastle Resources Ltd (ASX: RC1) is an exploration company focused on gold, advancing its projects along the TBone Belt. The company’s work centres on compiling historical geochemical data and integrating it with modern fieldwork to identify and prioritise new gold exploration targets beyond historically mined zones.
Average Trading Volume: 484,032
Technical Sentiment Signal: Buy
Current Market Cap: A$17.33M
See more insights into RC1 stock on TipRanks’ Stock Analysis page.