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Resource Mining Corporation Limited ( (AU:RMI) ) has issued an announcement.
Resource Mining Corporation Limited has completed a significant milestone by finishing the ground magnetic survey field work at its Wadi Salamah project, covering 1,010 kilometers. The data processing is underway, and the company is now mobilizing field teams to commence the next phase at the Shaib Marqan project. This exploration program, in collaboration with CNNC, aims to define high-priority drill targets, leveraging earlier findings of high-grade mineralization. The initiative strengthens RMI’s position in the mining sector by advancing its Saudi assets through modern geophysics and integrated structural interpretation.
More about Resource Mining Corporation Limited
Resource Mining Corporation Limited (ASX: RMI) operates in the mining industry, focusing on gold and gold-silver projects. The company is involved in exploration activities, particularly in Saudi Arabia, and collaborates with CNNC Geological Science and Technology Co., Ltd, part of China National Nuclear Corporation, to enhance its exploration capabilities.
Average Trading Volume: 1,218,463
Technical Sentiment Signal: Buy
Current Market Cap: A$21.87M
For an in-depth examination of RMI stock, go to TipRanks’ Overview page.