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Reedy Lagoon Corporation Limited ( (AU:RLC) ) has issued an announcement.
Reedy Lagoon Corporation Limited’s quarterly report highlights ongoing exploration activities at their Burracoppin Gold Project, where they have initiated a surface soil sampling program at the Windmills prospect. The company is also seeking a farm-in partner for the Burracoppin Iron project. The documentation of a Mine Safety Management System and the appointment of a new Exploration Manager were significant steps taken during the period, enhancing operational oversight and compliance. These developments are crucial for the company’s strategic growth and positioning in the competitive mining sector.
More about Reedy Lagoon Corporation Limited
Reedy Lagoon Corporation Limited operates in the mining and exploration industry, focusing on gold and iron projects in Australia. The company’s primary products involve gold exploration, particularly at the Burracoppin Gold Project in Western Australia, where they are engaged in surface soil sampling and data acquisition to optimize drill target selections.
Current Market Cap: A$2.33M
Learn more about RLC stock on TipRanks’ Stock Analysis page.