Glencore have put in over $11 Million on exploration, they would only do that if they were drilling encouraging mineralisation, maybe even some small resources drilled out that aren't Glencore size.
I know one of the areas is adjacent to the Taipan deposit at Cloncurry. which is part of the Great Australia Copper Mine (Owned by Copper Chem) . Cpper and Gold are the major elements in those deposits.
interesting to see if RNX is passive parter or active partner in the JV.
RNX Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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