Rincon Resources Ltd. (AU:RCR) has released an update.
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Rincon Resources Ltd. has addressed a price query from the Australian Securities Exchange, clarifying that the recent unusual trading activity of its securities is not due to undisclosed information. The company recently completed a drilling program at the West Arunta Project and received assay results, which were announced to the market following a thorough quality control process. RCR also cited increased investor interest following the announcement of a potential new mineralization target at the project as a possible reason for the trading spike.
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