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Redcastle Resources Limited ( (AU:RC1) ) has issued an update.
Redcastle Resources Limited has reported promising initial assay results from its grade control drilling at the Redcastle Reef deposit, revealing exceptionally high-grade gold intercepts. These results confirm the continuity and high-grade nature of the mineralized system, supporting the existing Mineral Resource Estimate and enhancing the company’s mine planning and production capabilities.
More about Redcastle Resources Limited
Redcastle Resources Limited operates in the mining industry, focusing on gold exploration and production. The company is involved in a joint venture with BML Ventures Ltd, targeting the Redcastle Reef deposit known for its high-grade gold mineralization.
Average Trading Volume: 247,477
Technical Sentiment Signal: Sell
Current Market Cap: A$9.08M
See more insights into RC1 stock on TipRanks’ Stock Analysis page.