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Rincon Resources Limited (ASX:RCR)

ALERT: Price-sensitive ASX Announcement for RCR
Current share price for RCR : $0.015 -0.006 (-28.57%)+
Announcement
Release
4 Sep 2025 6:26PM
Price at Release
$0.021
Full Release
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Summary
Rincon Resources Limited (RCR) addressed a query from the ASX concerning a recent spike in its securities' price and trading volume. RCR stated that no undisclosed information could explain this market activity. The company highlighted upcoming drilling at its Telfer South Gold Project and recent drilling completion at the Laverton Gold Project, with assay results awaited. RCR emphasized its stringent sample handling and data protection protocols, ensuring compliance with ASX Listing Rules and proper authorization of its responses.
Key Points
  • RCR was queried by ASX regarding a change in the price of its securities from $0.015 to an intraday high of $0.022 on 3rd September 2025, and a significant increase in trading volume.
  • RCR responded that it is not aware of any undisclosed information that could explain the trading activity.
  • RCR expects to begin work on 18th September at its Telfer South Gold Project with 12 holes designed to expand the Mineral Resource Estimate.
  • Drilling was completed at Laverton Gold Project on 26th July 2025, and assay results are expected around 9th October 2025.
  • RCR follows strict sample chain of custody procedures and uses accredited laboratories with confidentiality agreements to protect assay data.
  • RCR confirmed compliance with ASX Listing Rules, particularly Listing Rule 3.1, and that all responses were authorized under its continuous disclosure policy.
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.