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Rincon Resources Limited (ASX:RCR)

ALERT: Price-sensitive ASX Announcement for RCR
Current share price for RCR : $0.015 0 (0%)+
Announcement
Release
31 Oct 2025 8:30AM
Price at Release
$0.015
Full Release
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Summary
Rincon Resources Limited reported on their activities for the quarter ending 30 September 2025, detailing progress in several of its projects in Western Australia. Key activities included the finalization of preparations for an RC drilling program at the Hasties Main gold-copper deposit as part of the South Telfer Project, aimed at expanding the Mineral Resource Estimate. The company also completed its due diligence and acquired 100% of the Crackerbox Gold Project, highlighting its potential for high-grade mineralization. In the Laverton Project, a 48-hole air-core drilling program was completed, which will aid in refining future targets. Financially, Rincon reported a cash balance of $2.09 million, with a net cash outflow due to exploration and acquisition activities.
Key Points
  • Finalized RC drilling preparations at Hasties Main deposit.
  • Acquired 100% interest in the Crackerbox Gold Project.
  • Completed 48-hole air-core drilling at Laverton Project.
  • Reported a cash balance of $2.09 million.
  • Focus on expanding Mineral Resource Estimates.
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.