RCR 52.6% 14.5¢ rincon resources limited

Take the REE/niobium potential aside, Iron Oxide Ci-Au (IOCG)...

  1. 10,659 Posts.
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    Take the REE/niobium potential aside, Iron Oxide Ci-Au (IOCG) targets are fundamentally copper-gold as the name says! Also, many have substantial uranium potential too. If you look back on much of the historical exploration in the West Arunta, it was mainly companies with a uranium focus.

    Look on the WA (WAMEX) or NT (GEMIS) historical search engines and you will find companies such as Palace Resources Ltd, Deep Yellow Ltd who had either a gold or uranium focus at the time. Therefore do not discount decent uranium assays at some stage along our exploration timeline.

    With Copper, gold and uranium all enjoying decent price rises in recent months there is massive potential. If either one of these commodities comes back with a decent assay or intersection then it is game on IMO. If we get all three of them offering good numbers then who knows, it could be similar to Olympic Dam (IOCG).
    Last edited by coto: 25/04/24
 
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