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Red Hill Minerals Limited (ASX:RHI)

ALERT: Price-sensitive ASX Announcement for RHI
Current share price for RHI : $4.400 -0.24 (-5.17%)+
Announcement
Release
14 Jul 2026 10:40AM
Price at Release
$4.640
Full Release
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Summary
Red Hill Minerals Limited has commenced a 1,200 metre diamond drilling program at the expanded Anabama Copper-Gold Project in South Australia. This initiative is part of a joint venture with Spectre Metals Limited. The drilling aims to explore mineralisation along the Anabama-Redan Shear Zone, which has been historically underexplored at depth. The project was recently expanded by adding the Cronje Dam tenement, extending the potential mineralisation zone to over 25 kilometres. Initial results show high-grade copper and gold mineralisation, reinforcing the project's prospectivity.
Key Points
  • Red Hill commenced a 1,200 metre diamond drilling program at Anabama Project.
  • The project is part of a joint venture with Spectre Metals Limited.
  • The diamond drilling targets the Anabama-Redan Shear Zone, extending over 25 kilometres.
  • Initial drill results indicate high-grade copper-gold mineralisation.
  • The project includes the newly added Cronje Dam tenement.
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.