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Red Mountain Mining Limited (ASX:RMX)
ALERT: Price-sensitive ASX Announcement for RMX
Current share price for RMX : $0.011 -0.004 (-26.67%)+
Release
25 May 2026 8:14AM
Price at Release
$0.015
Full Release
Summary
Red Mountain Mining Limited announced exceptional results from metallurgical testing at the Oaky Creek Antimony prospect. A bulk sample yielded a high-grade antimony concentrate with a 51.8% Sb content and 85% recovery rate, highlighting the quality of the mineralization. The results indicate the concentrate's suitability for pyrometallurgical processing. Red Mountain plans further drilling to delineate resources, utilizing the encouraging data to potentially enhance commercial production viability.
Key Points
- The Oaky Creek prospect features high-grade quartz-carbonate-stibnite veins.
- A representative bulk sample from Oaky Creek produced a 51.8% antimony concentrate with 85% recovery.
- The concentrate is suitable for pyrometallurgical processing.
- A coarse grind and fourteen-minute flotation were effective.
- Red Mountain plans additional drilling to define resources.
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.
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