Rincon Resources Ltd. (AU:RCR) has released an update.
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Rincon Resources Ltd. is set to kick off drilling at the high-potential Avalon Nb-REE target and surrounding areas within the West Arunta Project in mid-July, after securing necessary heritage clearance. The initial 3,000m drill program will explore the Avalon target, which shares characteristics with WA1 Resources’ significant Luni niobium deposit. With a recent $5.6 million fundraising, Rincon is well-capitalized to extend exploration activities pending favorable outcomes.
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