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Rubix Resources Limited ( (AU:RB6) ) has provided an update.
Rubix Resources Limited has commenced drilling at the Grunter North target within its Paperbark Project in northwest Queensland. Supported by a $275,000 grant from Queensland’s Collaborative Exploration Initiative, the company aims to test a significant chargeability anomaly associated with surface copper mineralization. The project is strategically located near major mining companies, enhancing its potential impact on Rubix’s exploration success and positioning in the industry.
More about Rubix Resources Limited
Rubix Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is involved in projects that target copper mineralization, with a particular emphasis on geophysical exploration techniques to identify promising drill targets.
Average Trading Volume: 77,292
Technical Sentiment Signal: Buy
See more insights into RB6 stock on TipRanks’ Stock Analysis page.