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Renascor Resources Limited (ASX:RNU)

ALERT: Price-sensitive ASX Announcement for RNU
Current share price for RNU : $0.058 -0.005 (-7.94%)+
Announcement
Release
20 Mar 2026 12:19PM
Price at Release
$0.063
Full Release
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Summary
Renascor Resources Limited announced significant developments in their exploration activities across South Australia. The Bulloo Creek drilling program at the Olary Project area intersected cobalt and copper-bearing mineralisation associated with targeted magnetic anomalies, showing promising results such as 16 m at 901 ppm Co and 1 m at 3,110 ppm Cu. The company is expanding its exploration footprint with a new exploration licence application in the Olary district. Progress is also being made in other projects, including the Marree Project, where a Native Title Mining Agreement is close to execution, and the Wooltana Project, where uranium exploration is underway. Renascor continues to explore rare earth elements at Tumby Bay, highlighting its commitment to a diversified exploration portfolio.
Key Points
  • Bulloo Creek drilling program intersected significant cobalt and copper mineralisation.
  • Application for a new exploration licence in the Olary district.
  • Progress in Native Title negotiations at the Marree Project.
  • Uranium exploration targeting at the Wooltana Project.
  • Advancement of rare earth element exploration at Tumby Bay.
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.