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Red Mountain Mining Unveils High-Potential Gold Targets and Plans Aggressive Drilling
5:42am on Monday 2nd of June, 2025 AEST
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Mining
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Red Mountain Mining Unveils High-Potential Gold Targets and Plans Aggressive Drilling
5:42am on Monday 2nd of June, 2025 AEST
Key Points
Detailed historical data review highlights high residual potential at Fry Lake Gold Project
New exploration license granted for Armidale Antimony-Gold Project with planned soil sampling
Ground magnetic surveys at Kiabye reveal multiple high-priority gold drill targets
Exploration expenditure of $131,000 for the quarter with $239,000 cash on hand
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Red Mountain Mining (ASX:RMX)
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