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Redstone Raises $600K to Probe Deep Secrets of West Musgrave Copper Project

1:30am on Monday 2nd of June, 2025 AEST Mining
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Redstone Raises $600K to Probe Deep Secrets of West Musgrave Copper Project

1:30am on Monday 2nd of June, 2025 AEST
Key Points
  • Private placement raises $600,000 at 0.45 cents per share
  • Funds to advance deep diamond drilling (TLD005) at Chatsworth Prospect
  • Drilling targets Voisey’s Bay style massive sulphide Cu-Ni deposit
  • Exploration Incentive Scheme grant co-funds $220,000 of drilling costs
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