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Redstone Resources Limited (ASX:RDS)

ALERT: Price-sensitive ASX Announcement for RDS
Current share price for RDS : $0.003 0 (0%)+
Announcement
Release
14 Jul 2026 8:50AM
Price at Release
$0.003
Full Release
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Summary
Redstone Resources Limited is advancing the Saturn Project, a Cu-Ni-Co-PGE and PGE Reef exploration initiative in the West Musgrave region of Western Australia. The project encompasses a large portion of the Giles Intrusive Complex and is strategically located near significant deposits like BHP's Nebo Babel and Terra Metals' Dante PGE Reef. Historical exploration has identified promising prospects such as the Halleys Cu-Ni-Co-PGE and Halleys NW PGE Prospects. Redstone aims to further explore these areas, which show potential for significant sulphide mineralisation. The company plans to negotiate access with Traditional Owners and finalize drilling programs to assess the project's full potential.
Key Points
  • Redstone to advance Saturn Cu-Ni-Co-PGE and PGE Reef Project.
  • The project covers 330km² in West Musgrave, WA.
  • Located near major deposits including BHP's Nebo Babel.
  • Historical exploration identified promising Cu-Ni-Co-PGE prospects.
  • Key prospects include Halleys and Halleys NW.
  • Potential for significant sulphide mineralisation.
  • Plans to negotiate access with Traditional Owners.
  • Exploration to focus on assessing potential mineralisation.
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.