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Rincon Resources Ltd. ( (AU:RCR) ) has shared an update.
Rincon Resources Ltd. has completed a maiden mineral resource estimation for its South Telfer Gold-Copper Project, indicating potential for expansion in the Hasties Main Zone and Hasties Southeast Deposits. The company plans further drilling to explore these extensions. Additionally, Rincon is advancing its Laverton Project with site visits and planning for a drone magnetic survey to refine drilling targets. No exploration activity occurred at West Arunta this quarter, but the company is reviewing past work to determine future steps. These efforts underline Rincon’s commitment to building a robust gold exploration company.
More about Rincon Resources Ltd.
Rincon Resources Limited (ASX: RCR) is an exploration company with a 100% interest in three exploration assets in Western Australia, focusing on gold, copper, and metals. The company aims to create value for its shareholders by advancing these assets through systematic exploration programs to discover and delineate economic resources.
YTD Price Performance: 40.0%
Average Trading Volume: 1,651,547
Technical Sentiment Signal: Buy
Current Market Cap: A$4.1M
See more data about RCR stock on TipRanks’ Stock Analysis page.