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Resource Minerals International Ltd (ASX:RMI)

ALERT: Price-sensitive ASX Announcement for RMI
Current share price for RMI : $0.180 0.152 (542.86%)+
Announcement
Release
6 Nov 2025 8:16AM
Price at Release
$0.028
Full Release
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Summary
Resource Minerals International Ltd (ASX:RMI) has commenced a ground magnetic survey at its Shaib Marqan and Wadi Salamah projects in Saudi Arabia to identify high-priority drill targets. These projects are part of RMI’s focus on gold and silver exploration within the Arabian-Nubian Shield. The magnetic survey aims to provide detailed structural and lithological data to enhance drill-target definition. RMI is collaborating with CNNC Geological Science and Technology Co., Ltd, a branch of the China National Nuclear Corporation, bringing substantial technical expertise to the program. This follows recent high-grade assay results from rock-chip sampling, which confirmed significant gold and silver mineralisation at both projects. The survey data will be integrated with existing geological information to map subsurface structures and guide future drilling planned for early 2026. This collaboration aligns with RMI's strategy to leverage world-class expertise to unlock the full potential of its Saudi assets.
Key Points
  • Ground magnetic survey commenced at Shaib Marqan and Wadi Salamah projects.
  • Survey aims to define rock types and structural controls hosting gold mineralisation.
  • Collaboration with CNNC Geological Science and Technology Co., Ltd.
  • Recent high-grade assay results reported at Shaib Marqan and Wadi Salamah.
  • Survey data to be integrated with existing geological information.
  • RMI expects survey results to guide field programs planned for early 2026.
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.