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Redcastle Resources Limited (ASX:RC1)

ALERT: Price-sensitive ASX Announcement for RC1
Current share price for RC1 : $0.115 -0.005 (-4.17%)+
Announcement
Release
13 Jul 2026 8:59AM
Price at Release
$0.120
Full Release
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Summary
Redcastle Resources Limited announced QA grade control results from the Queen Alexandra prospect, which demonstrated shallow high-grade gold occurrences. The drilling results featured multiple significant intervals, with some gold grades surpassing 3 g/t. The company plans to incorporate these initial results into the existing geological and grade control model, with further work including validation and review of outstanding assay results and refinement of ore-waste boundaries. The significant intercepts were reported using a nominal lower cut-off of 0.3 g/t Au without applying a top-cut.
Key Points
  • QA Grade Control results from the Queen Alexandra prospect indicate shallow high-grade gold.
  • Significant drilling results include multiple intervals with gold grades exceeding 3 g/t.
  • The initial QA grade-control assay results will be incorporated into the Queen Alexandra geological and grade-control model.
  • Planned further work includes the validation and review of remaining assay results and refinement of ore-waste boundaries.
  • Significant intercepts are reported using a nominal lower cut-off of 0.3 g/t Au with no top-cut.
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.