Redcastle Resources Launches 2,700m Drilling Push at Morgan’s Castle East and Sligo

Redcastle Resources is set to restart exploration drilling with a focused 2,700-metre Reverse Circulation program targeting key gold prospects in Western Australia’s Redcastle Project Area. The campaign aims to deepen geological understanding and leverage joint venture synergies to advance resource potential.

  • 2,700m RC drilling program commencing November 2025
  • Primary focus on Morgan’s Castle East and Sligo gold targets
  • Coordination with RB Joint Venture activities at Queen Alexandra and Redcastle Reef
  • Capital-light approach through shared infrastructure and logistics
  • Additional targets Coronation, South Queen, and Battery Lode prioritized for future drilling
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Renewed Exploration Momentum

Redcastle Resources Ltd (ASX – RC1) has announced the imminent commencement of a ~2,700-metre Reverse Circulation (RC) drilling program scheduled for November 2025. This campaign will primarily target the Morgan’s Castle East (MCE) and Sligo prospects within the Redcastle Project Area, located in the highly prospective Leonora-Laverton Greenstone Belt of Western Australia.

The program builds on promising results from earlier drilling earlier this year and historical data, aiming to enhance geological knowledge and potentially support an initial JORC-compliant Mineral Resource estimate at MCE. The Sligo target, characterized by surface gold occurrences and favorable geology beneath cover, represents a compelling opportunity to extend the mineralised corridor eastwards.

Strategic Joint Venture Synergies

Importantly, Redcastle is coordinating this drilling with ongoing activities by the RB Joint Venture (RB JV) at Queen Alexandra (QA) and Redcastle Reef (RR). This collaboration enables a capital-light approach by sharing logistics, infrastructure, and operational resources, thereby maximizing efficiency and reducing costs. The RB JV’s focus on QA and RR complements Redcastle’s drilling at MCE and Sligo, collectively advancing the broader mineralised corridor.

Chairman Ray Shaw highlighted the swift progress and cohesion within the JV, emphasizing the disciplined and collaborative strategy underpinning the integrated drilling campaign. This approach aligns with Redcastle’s broader growth strategy of targeted exploration and value accretive development.

Expanding the Exploration Pipeline

Beyond the immediate drilling targets, Redcastle has identified additional prospects along the east-west mineralised trend, including Coronation, South Queen, and Battery Lode. These areas exhibit geological and geochemical indicators supportive of further exploration and are earmarked for future drilling programs.

Looking ahead, Redcastle plans integrated drilling campaigns across the Redcastle Project Area and the recently acquired TBone Belt in 2026. This expansion reflects the company’s commitment to building a robust pipeline of high-priority targets within a proven gold-producing province.

Context and Caution

While the drilling program is a significant step forward, it remains exploratory in nature. No new production targets or financial forecasts have been provided, and any future development will depend on drilling outcomes, technical studies, and regulatory approvals. Historical drilling and geophysical data provide a solid foundation, but the presence and extent of economically viable gold mineralisation remain to be confirmed.

Bottom Line?

As Redcastle Resources embarks on this coordinated drilling push, the market will be watching closely for assay results that could reshape the company’s resource profile and growth trajectory.

Questions in the middle?

  • Will the upcoming drilling at Morgan’s Castle East confirm a JORC-compliant Mineral Resource?
  • How effectively will the RB Joint Venture’s shared infrastructure reduce operational costs?
  • What potential does the Sligo prospect hold to extend the mineralised corridor beyond current boundaries?