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Ronin Resources Ltd (ASX:RON)

ALERT: Price-sensitive ASX Announcement for RON
Current share price for RON : $0.185 0.01 (5.71%)+
Announcement
Release
4 May 2026 9:19AM
Price at Release
$0.175
Full Release
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Summary
Ronin Resources Ltd has announced significant findings from their geological and geophysical explorations at the La Punilla Project in San Juan Province, Argentina. The company reported high anomalous values of gold, silver, copper, and tungsten in rock-chip samples, with maximum values reaching up to 3.04 g/t Au, 13.75 g/t Ag, 1,055 ppm Cu, and 2,110 ppm W. These values were obtained from the Quebrada Palca colour anomaly, coinciding with a significant magnetic source identified through a drone-based aeromagnetic survey, suggesting a porphyry target. Further field campaigns are planned to explore and sample additional targets and anomalies. Ronin Resources aims to expand their exploration efforts to enhance their understanding of the mineralization potential in the area.
Key Points
  • High anomalous values of Au, Ag, Cu, and W from Quebrada Palca samples.
  • Maximum values recorded: 3.04 g/t Au, 13.75 g/t Ag, 1,055 ppm Cu, 2,110 ppm W.
  • Drone-based aeromagnetic survey identified a significant magnetic source.
  • Potential for porphyry-related mineralization.
  • Ronin Resources to continue field campaigns to explore additional targets.
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.