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Revolver Resources Holdings Ltd ( (AU:RRR) ) has provided an update.
Revolver Resources Holdings Ltd has commenced a diamond drilling program at its Dianne Copper Mine Project to prepare for a targeted restart of production operations. This program is designed to ensure efficient and safe execution of development plans, with a focus on grade control, geotechnical design, and testing the potential for deposit extension. The company aims to restart mining in the second half of 2025, with the first copper cathode production expected in the first half of 2026. The project is supported by recent engineering designs and metallurgical test work, and commercial discussions for development funding are in advanced stages, which could enhance the company’s operational capabilities and market positioning.
More about Revolver Resources Holdings Ltd
Revolver Resources Holdings Ltd is a company in the mining industry, focusing on copper mining operations. Its primary project is the Dianne Copper Mine located in north-west Queensland, Australia, where it aims to develop a capital-efficient, high-margin copper cathode operation.
Average Trading Volume: 196,883
Technical Sentiment Signal: Sell
See more insights into RRR stock on TipRanks’ Stock Analysis page.