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Richmond Hill Resources Completes Drone-Mag Survey at Martello Gold Project

Story Highlights
  • Richmond Hill completed a UAV-based DRONE-MAG survey at its Martello Gold Project in Ontario, expanding magnetic coverage and closing gaps from a 2023 program.
  • The company hired Critical Discoveries to assess the new data, using the results to shape its imminent maiden drilling campaign and advance Martello’s exploration potential.
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Richmond Hill Resources Completes Drone-Mag Survey at Martello Gold Project

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Rogue Baron Plc ( (GB:RHR) ) has shared an update.

Richmond Hill Resources has completed a DRONE-MAG airborne magnetic survey over its Martello Gold Project near Dryden, Ontario, filling gaps left by a previous 2023 survey and extending total coverage by 773.7 line-kilometres. The work, carried out between 16 and 25 February 2026 using UAV-mounted magnetometer equipment, is expected to refine geological understanding and better define exploration targets across the licensed area.

The company has engaged Critical Discoveries to prepare an assessment report based on the newly acquired geophysical data, which will feed into planning for its maiden drill campaign at Martello. Management indicated that the survey results represent a key preparatory step ahead of drilling, signalling operational progress on the flagship Canadian gold asset that could influence future project development and investor perception of the company’s exploration potential.

More about Rogue Baron Plc

Richmond Hill Resources PLC is an AIM-listed mineral exploration company focused on gold projects, including the Martello Gold Project near Dryden in Ontario, Canada. The company is advancing early-stage exploration activities aimed at defining drill targets and potentially expanding its gold resource base in this mining-friendly jurisdiction.

Average Trading Volume: 1,828,646

Technical Sentiment Signal: Strong Buy

Current Market Cap: £14.01M

See more data about RHR stock on TipRanks’ Stock Analysis page.

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