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Ronin Resources Ltd ( (AU:RON) ) has issued an update.
Ronin Resources has commenced a follow-up copper-gold exploration program at its 100%-owned La Punilla Project in San Juan, Argentina, deploying a team of five geologists and field assistants to conduct rock-chip sampling, extensive geological mapping and detailed assessment of newly identified targets from satellite imagery. Results from a November 2025 field campaign, including rock-chip samples grading up to 1.89 g/t gold and 62 ppm molybdenum, suggest that mineralisation is associated with laterally extensive zones of dense sheeted quartz veinlets and support the interpretation of a porphyry-related copper-gold-molybdenum system; these veinlet zones have been prioritised for further work, and a high-resolution drone-based aeromagnetic survey is planned following current surface work, potentially advancing La Punilla as a significant exploration asset within Ronin’s portfolio and enhancing its positioning in the copper-gold exploration space.
The most recent analyst rating on (AU:RON) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Ronin Resources Ltd stock, see the AU:RON Stock Forecast page.
More about Ronin Resources Ltd
Ronin Resources Ltd (ASX: RON) is an ASX-listed exploration company focused on evaluating and assessing its 100%-owned Vetas gold project in Colombia, the Hornby Lake lithium project in Ontario Bay, Canada, and the La Punilla copper-gold project in San Juan Province, Argentina, while also seeking complementary new opportunities to enhance shareholder returns.
Average Trading Volume: 45,567
Technical Sentiment Signal: Buy
Find detailed analytics on RON stock on TipRanks’ Stock Analysis page.