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Reedy Lagoon Corporation Limited ( (AU:RLC) ) has issued an announcement.
Reedy Lagoon is advancing its Burracoppin Gold project by preparing for drilling and addressing access and permitting requirements. The company is prioritizing the Lady Janet prospect for initial drilling, with funding needed through joint ventures or capital raises. Recent work has involved soil sampling to identify bedrock targets with potential gold mineralization, and the company is exploring non-cash acquisitions of new projects to enhance its portfolio.
More about Reedy Lagoon Corporation Limited
Reedy Lagoon Corporation Limited operates in the mining industry, focusing on the exploration of gold and iron ore. The company is actively seeking joint venture partners to advance its projects, particularly in the Wheatbelt region of Western Australia.
Current Market Cap: A$2.33M
Find detailed analytics on RLC stock on TipRanks’ Stock Analysis page.