Rex Minerals (ASX:RXM) gets first assays from six-hole program at Krista

Rex Minerals (ASX:RXM) gets first assays from six-hole program at Krista

Mining

ASX:RXM MCAP $65.84M

Source: Rex Minerals

· Rex Minerals (RXM) has reported a 180-metre down-hole interval from drilling at the Krista Project which is part of the Hog Ranch Gold Property in Nevada

· The miner completed six holes at Krista and has received assays from one which has returned 0.67 and 0.92g/t gold

· These results complement the previous discovery of two kilometres of gold mineralisation between the Krista and East pits

· Five holes have been sent to the lab for analysis and assay results are expected in the coming weeks

· Rex ended the day down 8.57 per cent and shares are trading at 16 cents

Rex Minerals (RXM) has received drilling results from the first follow-up hole at the Krista Project in the U.S.

The Krista Project is part of Rex's 1.4-million-ounce Hog Ranch Gold Property in Nevada, U.S.

This drill hole is located within a thick gold mineralised trend at Krista that spans over 1.5 kilometres.

Pleasingly, the hole returned a down-hole interval of 179.8 metres at 0.51g/t gold from surface, which is a testament to the potential of the mineralisation.

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