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Redcastle Resources Limited (ASX:RC1)

ALERT: Price-sensitive ASX Announcement for RC1
Current share price for RC1 : $0.110 0.005 (4.76%)+
Announcement
Release
15 Jun 2026 8:51AM
Price at Release
$0.105
Full Release
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Summary
Redcastle Resources Limited has announced positive results from the Redcastle Reef and Queen Alexandra drilling programs, which support the company's active mining strategy. The results, including high-grade and broad mineralized intervals, reinforce the presence of significant gold mineralization within the Redcastle Gold Project in Western Australia. These findings are crucial for Redcastle's staged mining and growth strategy, aiding in the interpretation of lode continuity and grade distribution. Ongoing assays are pending from the recently completed QA grade-control program.
Key Points
  • Additional grade-control drilling at Redcastle Reef shows high-grade, shallow mineralization.
  • QA infill drilling confirms mineralization at Queen Alexandra, supporting the growth strategy.
  • High-grade intercepts include 7m at 4.63 g/t Au and 5m at 3.82 g/t Au in key drill holes.
  • The results support the continuity of lode systems and potential for deeper mineralization.
  • The company continues to integrate drilling data into geological models to refine mining strategies.
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.