InvestSMART

Redcastle Resources Limited (ASX:RC1)

ALERT: Price-sensitive ASX Announcement for RC1
Current share price for RC1 : $0.081 -0.064 (-44.14%)+
Announcement
Release
12 Jan 2026 9:30AM
Price at Release
$0.145
Full Release
download
Summary
The document details the identification of 16 potential gold targets across the TBone Belt by Redcastle Resources Limited. Exploration results are based on various historical and recent geochemical surveys and drilling methods including reverse circulation (RC) drilling and auger soil sampling. The tenements involved are held under multiple mining leases and prospecting licenses, all in good standing. Geological interpretations suggest significant potential for gold mineralization, with ongoing efforts planned for further exploration and mapping across identified targets.
Key Points
  • 16 potential gold targets identified across the TBone Belt.
  • Exploration based on historical and recent geochemical surveys and drilling.
  • Drilling methods include reverse circulation (RC) and auger soil sampling.
  • Tenements held under multiple leases and licenses by Redcastle Resources Limited.
  • Good standing of tenements noted at time of reporting.
  • Further exploration and geological mapping planned for identified targets.
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.