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Redstone Resources Limited ( (AU:RDS) ) has provided an announcement.
Redstone Resources Limited has successfully completed a deep diamond drilling program at its West Musgrave Copper Project, targeting potential high-grade copper-nickel mineralization beneath the existing Tollu Cu deposit. The drilling, co-funded by an Exploration Incentive Scheme grant, aims to explore the possibility of a Voisey’s Bay style massive sulphide deposit at depth. Initial geological observations are promising, and geochemical assay results are awaited. The company is planning further exploration activities in the region, which is known for its significant mineral potential, including the nearby BHP-owned Nebo-Babel deposit.
More about Redstone Resources Limited
Redstone Resources Limited is a company operating in the mining industry, primarily focused on copper exploration and development. The company is engaged in the exploration of copper deposits, with a significant focus on its flagship West Musgrave Copper Project in Western Australia.
Current Market Cap: A$3.62M
For detailed information about RDS stock, go to TipRanks’ Stock Analysis page.