Rincon Resources (ASX:RCR) shares exploration efforts advancements in West Arunta Project
@Grafa:
Rincon Resources shared progress in its exploration endeavours for the quarter ended March 31, notably at the West Arunta Project. During the three months, the company conducted the inaugural diamond drilling program at the Pokali IOCG prospect, revealing three zones of copper sulphide mineralisation in the first completed diamond hole, 24WADD001. Preliminary pXRF analysis showed positive results, with copper mineralisation reaching up to 7.21% Cu. The company also completed an oversubscribed placement, raising $1.4 million, coupled with a quarter-end cash balance of $2.1 million, supporting ongoing exploration across its three key assets in Western Australia. Claim N