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Redcastle Resources Limited ( (AU:RC1) ) has shared an update.
Redcastle Resources Ltd has reported positive initial outcomes from its March 2025 quarterly activities, highlighting a successful 9,700-metre Reverse Circulation (RC) drilling program across its Queen Alexandra, Redcastle Reef, and Morgan’s Castle East projects. The drilling has revealed significant gold grade intercepts, confirming extensive mineralisation potential and identifying promising satellite open-pit development opportunities. These results support the commencement of a scoping study at Queen Alexandra and suggest potential commercial expansion for future developments at Redcastle Reef and Morgan’s Castle East.
More about Redcastle Resources Limited
Redcastle Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in systematic exploration and resource growth within the highly prospective Eastern Goldfields of Western Australia, aiming to unlock value from its assets through strategic drilling programs.
Average Trading Volume: 1,046,817
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$5.95M
Find detailed analytics on RC1 stock on TipRanks’ Stock Analysis page.