• Gold and copper explorer Rex Minerals (RXM) has had a busy quarter as it progresses two significant projects towards production
  • The company has achieved several milestones at both its Hillside Copper-Gold Project in South Australia and the Hog Ranch Project in Nevada, U.S.
  • The company's Program for Environment Protection and Rehabilitation (PEPR) at Hillside has been approved by the South Australian government
  • Robust project economics and surging gold and copper prices are encouraging development, and Rex is actively seeking finance options
  • An updated mineral resource of 1.4 million ounces of gold at Hog Ranch — with further exploration upside — also encourages expedited development
  • Meanwhile, the recently completed scoping study for the Bells project area outlines a low-capex startup option for the wider Hog Ranch project
  • The road ahead for Rex seems to be paved with gold — pending finance
  • Rex Minerals is trading 4.67 per cent higher at 22 cents per share