Rex Minerals (ASX:RXM) confirms significant gold extensions at Hog Ranch

Rex Minerals (ASX:RXM) confirms significant gold extensions at Hog Ranch

Mining

ASX:RXM MCAP $47.02M

· Rex Minerals (RXM) has confirmed significant gold extensions outside the current mineral resource at its Hog Ranch Gold Property in Nevada, U.S.

· All up, 10 holes were drilled at the Krista Project to test 10 individual target locations outside of the currently defined gold mineralisation

· Of these 10, seven returned significant assay results which extended the known location of the gold mineralisation

· Significantly, two kilometres of gold mineralisation was identified between the Krista and East pits, and 1.5 kilometres of gold mineralisation was identified near the Geib pit

· Rex has now mobilised a reverse circulation (RC) rig to Hog Ranch to follow-up gold extensions at the Bells and Krista projects

· The company has also commissioned a number of 3D-induced polarisation surveys to refine drill target positions

· Rex is up a healthy 12 per cent and shares are currently trading for 14 cents

Rex Minerals (RXM) has confirmed significant gold extensions outside the current mineral resource at its Hog Ranch Gold Property in Nevada, U.S.

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