Renascor Resources Identifies Multiple High-Priority Drill Targets at South Australia Copper Prospect

MT Newswires Live08:52

Renascor Resources (ASX:RNU) said an airborne electromagnetic survey identified multiple high-priority drill targets in the Flat Hill prospect at its Marree project in South Australia, within an area of widespread copper mineralization, according to a Friday filing with the Australian bourse.

The combination of known copper mineralization and the identification of inadequately tested conductive features strengthens the potential for a large-scale copper system at Flat Hill, per the filing.

The company said modelling identified targets at a depth of 150 meters to 300 meters, and planning is underway to drill test the highest-priority targets, subject to land access.

Renascor Resources shares fell 2% in recent Friday trade.

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