Rex Minerals Limited (AU:RXM) has released an update.
Rex Minerals Limited has received approval from the U.S. Bureau of Land Management (BLM) for its Plan of Operations at the Hog Ranch Property in Nevada, enabling a significant expansion of exploration activities. The approved plan allows for an increase in permitted ground disturbance from 13.3 acres to 200 acres, facilitating a larger scale exploration for shallow oxide gold resources and advancing feasibility studies for a potential new mining operation. Following a period of public consultation and pending final approvals from the State of Nevada, Rex Minerals is poised to develop Hog Ranch into a major gold operation, while also exploring the site’s lithium potential.
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