Redcastle Resources Confirms Widespread Mineralization Potential of Western Australia Gold Project

MT Newswires Live

Mar 05, 2025

Redcastle Resources (ASX:RC1) said assay results from drilling at its Redcastle gold project in Western Australia resulted in high-grade gold intercepts, confirming widespread mineralization potential, according to a Wednesday bourse filing on the Australian bourse.

The results include a significant intercept of four meters at 10.94 grams per tonne grade of gold from a depth of six meters at the Queen Alexandra prospect, two meters at 9.14 g/t grade of gold from a depth of 39 meters at the Redcastle Reef prospect, and one meter at 22.50 g/t grade of gold from a depth of 36 meters.

It is advancing towards the maiden mineral resource estimate at the Redcastle Reef prospect and a revision of the Queen Alexandra mineral resource estimate. It restarted reverse circulation drilling at the project.

The firm's shares fell 11% on market close on Wednesday.

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It restarted reverse circulation drilling at the project.</p><p>The firm's shares fell 11% on market close on Wednesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2517196309","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517196309","pubTimestamp":1741157650,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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