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

  • October 29, 2020 06:58 PM AEDT
  • Team Kalkine
“Red Mountain Mining (ASX:RMX) to acquire 100% of Mt Mansbridge Project”
Gold MTF non-AMP

  • ASX listed Red Mountain Mining Limited announced the proposal to acquire 100% interest in the Mt Mansbridge Heavy Rare Earths Project from the ARD Group.
  • Mt Mansbridge Project consists of three tenements in the Kimberly region of Western Australia and has prospects for heavy rare earth elements along with cobalt and nickel.
  • Red Mountain will pay A$100,000 in cash consideration n 2 tranches and will issue 50 million shares to ARD Group for the acquisition of the project.
  • Exploration activities on Mt Maitland High-Grade Gold Project and Mukabe-Kasari Copper-Cobalt Project in DRC are on track and well funded.


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