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How Will Redcastle’s JV and 600% Land Expansion Transform Gold Production?
8:33pm on Friday 29th of August, 2025 AEST
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Mining
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How Will Redcastle’s JV and 600% Land Expansion Transform Gold Production?
8:33pm on Friday 29th of August, 2025 AEST
Key Points
Joint Venture with BML to fully fund and manage mining operations at Queen Alexandra and Redcastle Reef
Acquisition of TBone Belt tenement package expands landholding by approximately 600% to ~85 km²
Capital-light pathway to production with BML funding 100% of working capital until first revenues
Placement to raise A$4.0 million including $1.5 million cornerstone investment from BML
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Redcastle Resources (ASX:RC1)
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