Grade Control Drilling Confirms Strong Continuity at Redcastle Reef with High-Grade Gold Intercepts.
Redcastle Resources Limited (ASX: RC1) has reported further encouraging assay results from ongoing grade control reverse circulation drilling at the Redcastle Reef deposit, reinforcing confidence in the continuity, geometry and grade distribution of the mineralised system. Recent drilling returned multiple broad and high-grade gold intercepts, including intervals exceeding 15 metres at grades above 2 grams per tonne gold, alongside narrower high-grade zones within these broader mineralised envelopes.
The results validate the high-grade shoot model underpinning the current Mineral Resource Estimate and support near-term mine planning activities being undertaken by the Redcastle–BML joint venture. Closely spaced drilling continues to confirm consistent lode thickness and grade tenor across planned mining areas, improving confidence in scheduling and dilution control.
Approximately half of the grade control program has now been completed, with drilling expected to resume in early January following a short break. Upon completion of the full dataset, the Company will assess whether an update to the existing resource estimate is warranted as development activities progress toward production.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Grade Control Drilling Confirms Strong Continuity at Redcastle Reef with High-Grade Gold Intercepts.
Redcastle Resources Limited (ASX: RC1) has reported further encouraging assay results from ongoing grade control reverse circulation drilling at the Redcastle Reef deposit, reinforcing confidence in the continuity, geometry and grade distribution of the mineralised system. Recent drilling returned multiple broad and high-grade gold intercepts, including intervals exceeding 15 metres at grades above 2 grams per tonne gold, alongside narrower high-grade zones within these broader mineralised envelopes.
The results validate the high-grade shoot model underpinning the current Mineral Resource Estimate and support near-term mine planning activities being undertaken by the Redcastle–BML joint venture. Closely spaced drilling continues to confirm consistent lode thickness and grade tenor across planned mining areas, improving confidence in scheduling and dilution control.
Approximately half of the grade control program has now been completed, with drilling expected to resume in early January following a short break. Upon completion of the full dataset, the Company will assess whether an update to the existing resource estimate is warranted as development activities progress toward production.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au