Red Mountain Mining commenced drilling program on Mt Maitland

  • November 06, 2020 12:11 PM AEDT
  • Team Kalkine

The Australian mineral explorer Red Mountain Mining Limited (ASX:RMX) has commenced its maiden drilling program at 100% owned Mt Maitland High-Grade Gold Project as per the ASX update of 06 November 2020.

26th feb webinar mtf mobile

Red Mountain had planned to drill 18 holes with a total depth of approximately 1,300 metres Reverse Circulation (RC) drilling.

Earlier, the Company has reported that all prerequisite such as heritage clearance survey, site preparation, and other pre-drilling activities to start drilling has been completed.

The Stocks of the Company was riding high on the news of the drilling program. Red Mountain was trading at A$0.015 (AEDT:11:30 am), 7% gain on a previous day close, at the time of reporting on 06 November 2020.

For details also read: “Red Mountain Mining (ASX:RMX) to acquire 100% of Mt Mansbridge Project”

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK