Selected Mongoose Deeps gold-copper assays are in from 349 to 1343 metres.
According to Robert Kirtlan, “First assays from our stratigraphic diamond drill hole RMD001 of Mongoose Deeps, partly fundedby the Queensland Government, have returned persistent anomalous copper-gold results over an~300m zone from 330m which provide significant confidence in our exploration strategy.” “IOCG units are notoriously difficult in terms of hitting mineralised zones and the Renegade teamand its advisors are very encouraged with the ~300m zone hit in RMD001, plus elsewhere withinthe hole, and look forward to the next round of drilling. The continued modelling work and theadjustments to it by our geophysicists will provide more confidence as we progress this excitingprogram.”
"The Mongoose Deeps magnetic anomaly is a highly attractive target which is located beneath theMongoose copper deposit. The anomaly is a magnetite-rich breccia pipe which is similar in size,shape, and magnitude as the nearby world-class Ernest Henry copper mine", 2nd July 2024 ASX release.
RNX Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)