Redstone Resources (RDS) will soon begin an aircore drilling program at its recently acquired Hannans South Gold Tailings Project in WA
In July this year, Redstone entered a farm-in agreement to acquire up to an 80 per cent interest in the project
The 43-hole program will aim to unlock and establish the average gold grade and gold potential of the tailings storage facility which is part of the project
Redstone believes the project presents a low-cost development opportunity with significant gold potential
Company shares are trading 9.52 per cent in the green for 2.3 cents