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Ragusa Minerals Ltd (ASX:RAS)

ALERT: Price-sensitive ASX Announcement for RAS
Current share price for RAS : $0.018 -0.011 (-37.93%)+
Announcement
Release
28 Apr 2026 8:15AM
Price at Release
$0.029
Full Release
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Summary
Ragusa Minerals Ltd has announced high-grade manganese and gold rock sample results from their Purple Pansy Project located in the Aguila Mining District, Arizona, USA. The project, situated approximately 80km northwest of Phoenix, covers around 4,142 acres and includes historic mining sites for both gold and manganese. Significant assay results include 45.6% manganese from the Black Rock Mine and 14.8 grams per tonne of gold from the Pump Gold Mine. Ragusa is advancing its exploration efforts at the Black Rock Mine, planning to expedite a comprehensive exploration program involving drilling and geophysical surveys to explore the lateral and depth potential of the manganese mineralization. The project is strategically positioned to benefit from US government initiatives aimed at developing domestic critical mineral resources, particularly given the United States’ reliance on imports for manganese, which is designated as a critical mineral.
Key Points
  • Ragusa Minerals Ltd reports high-grade manganese and gold rock sample results from the Purple Pansy Project.
  • The project is located in the Aguila Mining District of Arizona, USA.
  • Notable assay results include 45.6% Mn from Black Rock Mine and 14.8 g/t gold from Pump Gold Mine.
  • Ragusa plans further exploration including drilling and geophysical surveys at the Black Rock Mine.
  • The project benefits from US government initiatives due to manganese's critical mineral status.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.