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Right Resources Limited (ASX:RRE)

ALERT: Price-sensitive ASX Announcement for RRE
Current share price for RRE : $0.085 -0.005 (-5.56%)+
Announcement
Release
10 Aug 2026 9:13AM
Price at Release
$0.090
Full Release
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Summary
Right Resources Limited has elevated two key prospects, Rising Sun and Midnight Star, to high-priority gold-copper targets at its New England Project in New South Wales. These prospects were identified based on a comprehensive review of historic exploration data, including electromagnetic surveys and soil geochemistry from the 1990s. Rising Sun features an electromagnetic anomaly and a multi-element geochemical footprint, while Midnight Star is a skarn-hosted target with strong geochemical anomalies. Right Resources plans to conduct further surface sampling and detailed historical drill core reviews to expand these targets. The company is focused on advancing its exploration efforts across its portfolio, leveraging a combination of modern analytical techniques and historical data. Right Resources' flagship asset is the Pilot Project in Tumbarumba, aimed at advancing gold, copper, and critical mineral assets.
Key Points
  • Right Resources Limited has elevated two prospects, Rising Sun and Midnight Star, to high-priority gold-copper targets at the New England Project.
  • The re-ranking of these targets followed a historic review integrating electromagnetic surveys, soil geochemistry, and drill data from the 1990s.
  • Rising Sun is characterized by an electromagnetic anomaly and multi-element soil geochemistry over a 600m x 275m area.
  • Midnight Star is a skarn-hosted target with strong geochemical anomalies over an 850m x 400m area, indicating proximity to an intrusion.
  • Right Resources plans a surface sampling program and a detailed review of historic drill core to expand the target areas.
  • The company’s New England review successfully leveraged decades of historic data to identify these targets.
  • Right Resources is focused on advancing their exploration efforts through a combination of modern analytical techniques and historical data evaluation.
  • The company's flagship asset is the Pilot Project in Tumbarumba, NSW, with a focus on advancing gold, copper, and critical mineral assets.
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.