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RMI Launches Drilling at Mpanda, Advances Saudi JV, Ends Quarter Debt Free
3:22pm on Thursday 31st of July, 2025 AEST
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Mining
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RMI Launches Drilling at Mpanda, Advances Saudi JV, Ends Quarter Debt Free
3:22pm on Thursday 31st of July, 2025 AEST
Key Points
RAB drilling commenced post-quarter at Mpanda Copper-Gold Project
Field work completed on Saudi Arabian gold projects ahead of JV option exercise
Raised $2 million via share placement with strong director participation
Fully repaid debt facilities, ending quarter debt free with $302k cash
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Resource Minerals International (ASX:RMI)
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