Redcastle Resources (ASX:RC1) acquired the 199-hectare prospecting license P39/5838 from a private prospector for a cash consideration of AU$35,500, located within its recently acquired TBone Belt gold tenements in Western Australia, according to a Tuesday Australian bourse filing.
The completion of the tenement transfer is subject to Western Australian regulatory approvals, and the firm is merging all geological and geophysical data from P39/5838 into its regional database.