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Red Mountain Mining Secures $400K to Advance WA and NSW Gold Exploration
3:31am on Monday 2nd of June, 2025 AEST
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Mining
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Red Mountain Mining Secures $400K to Advance WA and NSW Gold Exploration
3:31am on Monday 2nd of June, 2025 AEST
Key Points
Raised $400,000 via convertible notes supported by new and existing investors
Funds allocated to RC drilling targeting high-priority gold anomalies at Kiabye
Assay results from Armidale Antimony-Gold Project expected mid-May
Convertible notes carry 10% coupon and include attached unlisted options
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Red Mountain Mining (ASX:RMX)
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