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Redcastle Resources Limited ( (AU:RC1) ) has shared an announcement.
Redcastle Resources has amended a recent ASX announcement on its TBone Belt exploration campaign to incorporate additional cross-sectional figures and historical drilling location data, as well as updated JORC table disclosures and a clarified Competent Person Statement. The updated release confirms the identification of 16 potential walk-up gold targets across the largely underexplored TBone Belt, derived from a comprehensive compilation of historical surface geochemistry and limited drilling, and outlines planned validation work to address the reliability and limitations of historical results, signalling material upside exploration potential for the company’s gold portfolio.
The most recent analyst rating on (AU:RC1) stock is a Sell with a A$0.13 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 Australian gold exploration company focused on the TBone Belt, where it applies modern geological interpretation and geochemical analysis to unlock new gold discoveries. The company’s work centres on compiling historical datasets, conducting fieldwork and systematically generating and prioritising exploration targets across underexplored ground.
Average Trading Volume: 486,232
Technical Sentiment Signal: Buy
Current Market Cap: A$17.33M
For detailed information about RC1 stock, go to TipRanks’ Stock Analysis page.