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The latest update is out from Ronin Resources Ltd ( (AU:RON) ).
Ronin Resources reported that its main activity in the March 2026 quarter was advancing exploration at its 100%-owned La Punilla gold-silver project in San Juan, Argentina, supported by geological mapping and rock-chip sampling over multiple alteration anomalies. All samples have been dispatched for assay, and early geological observations, including ammonium-bearing muscovite and illite, support a potential porphyry-style environment that could enhance the project’s exploration upside.
The company also completed a drone-based high-resolution aeromagnetic survey to refine depth targets and guide future sampling and drilling plans once geophysical and assay results are received and analysed. Ronin ended the quarter with cash reserves of $2.895m and remains active in pursuing complementary acquisition opportunities, although recent negotiations over an early-stage copper-gold project in Argentina were terminated after the parties failed to agree commercial terms.
More about Ronin Resources Ltd
Ronin Resources Ltd is an ASX-listed mineral exploration company focused on evaluating and advancing its Vetas gold, Hornby Lake lithium and La Punilla gold-silver projects in Colombia, Canada and Argentina, respectively. The company targets early-stage opportunities in precious and battery metals, aiming to build a portfolio of value-accretive exploration assets for shareholders.
Average Trading Volume: 63,464
Technical Sentiment Signal: Hold
For an in-depth examination of RON stock, go to TipRanks’ Overview page.