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Reedy Lagoon Corporation Limited (ASX:RLC)

ALERT: Price-sensitive ASX Announcement for RLC
Current share price for RLC : $0.002 0 (0%)+
Announcement
Release
1 Jun 2026 11:55AM
Price at Release
$0.002
Full Release
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Summary
Reedy Lagoon Corporation Limited has provided an update on its Burracoppin Gold Project in Western Australia. The company has identified drilling targets within four prospect areas: Lady Janet, Windmills, Shear Luck, and Zebra. While consents for drilling in the Lady Janet area have been secured, challenges remain as agreements for the other three prospect areas have not been finalized. This has complicated the company's efforts to establish a joint venture for the project. Reedy Lagoon is focusing on financing the development of the Lady Janet prospect and continues to seek ways to advance the overall project.
Key Points
  • Reedy Lagoon Corporation Limited updates on Burracoppin Gold Project.
  • Four prospect areas identified: Lady Janet, Windmills, Shear Luck, Zebra.
  • Consents obtained for drilling in Lady Janet area.
  • Agreements for other prospect areas not yet finalized.
  • Joint venture efforts complicated by lack of agreements.
  • Focus on financing development of Lady Janet prospect.
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.