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The latest update is out from Rubix Resources Limited ( (AU:RB6) ).
Rubix Resources advanced technical work at its flagship Paperbark project during the March quarter, completing mineralogical analyses that identified dateable phases in most samples and progressing geochronology to better understand the mineral and alteration systems in the Mount Isa Inlier. The company also submitted and gained acceptance for its drill and funding reports under Queensland’s Collaborative Exploration Initiative, securing a $250,000 grant remittance that will support future exploration and add open-file data to the regional knowledge base.
Across its broader portfolio, Rubix limited on‑ground activity due to the wet season and focused on desktop studies at Etheridge, Redbeds, Lake Johnston and the Ceiling lithium project in Quebec, positioning these assets for more targeted fieldwork once conditions and priorities allow. Management is concurrently conducting internal reporting, sampling and due diligence on a potential new acquisition, signalling an appetite for portfolio growth that could shift the company’s exploration focus if the transaction proceeds.
More about Rubix Resources Limited
Rubix Resources Limited is an exploration company focused on base and precious metals across Australia and Canada. Its portfolio includes the Paperbark lead-zinc-copper project and the Redbeds copper-cobalt project in Queensland, the Etheridge intrusion-related gold project in northern Queensland, the Lake Johnston nickel-copper-PGE-lithium project in Western Australia, and the Ceiling lithium and gold project in Quebec.
Average Trading Volume: 171,620
Technical Sentiment Signal: Buy
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