Rincon Expands High-Grade Gold-Copper Trend at Telfer South

The latest update is out from Rincon Resources Ltd. ( (AU:RCR) ).

Rincon Resources has uncovered a significantly larger gold-copper system at its 100%-owned Telfer South Hasties prospect, about 10 kilometres southwest of the Telfer gold mine, after reinterpreting historic 1991 Newcrest rock-chip data. The review identified a new outcropping zone with assays up to 37 g/t gold and 21% copper, and confirmed an extensive high-grade zone at Hasties Central extending more than 300 metres along strike and up to 100 metres wide.

The work suggests mineral continuity between the Hasties Main and Hasties SE deposits, extending the Hasties trend to over 1 kilometre in strike and remaining open, with more than 75% of high-grade samples coming from Hasties Central and others outside the current mineral resource. Rincon is now prioritising Hasties, planning to remobilise a drill rig later this quarter to expand mineralisation at Hasties Main and Hasties SE and commence planning at Hasties Central, potentially enhancing the project’s scale and strategic value within its broader JV framework with Greatland Resources.

The most recent analyst rating on (AU:RCR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rincon Resources Ltd. stock, see the AU:RCR Stock Forecast page.

More about Rincon Resources Ltd.

Rincon Resources Ltd. is an exploration-focused mining company targeting gold and copper deposits in Western Australia. Its flagship Telfer South project lies near the large Telfer gold mine and is being advanced through staged exploration and a farm-in and joint venture agreement with Greatland Resources, covering more than 200 square kilometres of tenements.

Average Trading Volume: 1,388,183

Technical Sentiment Signal: Buy

Current Market Cap: A$5.68M

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