Rincon Resources Commences Drilling at Western Australia Project

MT Newswires Live07-15

Rincon Resources (ASX:RCR) commenced reverse circulation drilling activities at its West Arunta project in Western Australia, according to a Monday filing with the Australian Securities Exchange.

The initial phase of drilling involves at least 3,000 meters of reverse circulation and diamond drilling to test the Avalon, Sheoak, K1, and K2 targets. The reverse circulation drilling is backed by a co-funding grant of up to AU$180,000 from the Western Australian Government Exploration Incentive Scheme, the filing said.

A diamond drilling contractor is scheduled to arrive mid-week, the company said.

Shares rose nearly 2% in midday trading.

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