Redcastle Resources Ltd announces exploration update

Redcastle Resources Ltd (ASX: $RC1) has secured a diamond drill rig to conduct a 1,000m drilling campaign at the Queen Alexandra prospect. The fully funded drilling is set to commence on or about 27 May 2024 for an anticipated duration of 1 month. The purpose of the campaign is to confirm the orientation of structures used in the Mineral Resource geological interpretation, test the south-east strike extension of structures at depth, and test for multiple stacked lodes at depth.

Executive Commentary

The diamond drilling campaign marks a significant step forward in our exploration efforts at the Redcastle Project. We are excited to confirm the orientation of structures and test for multiple stacked lodes at depth. This campaign aligns with our commitment to advancing our understanding of the mineralization at the Queen Alexandra prospect. We are confident in the expertise of iDrilling to carry out the diamond drilling program and look forward to the results it will yield.

Summary of Exploration Update

Redcastle Resources Ltd (ASX: $RC1) has announced a significant exploration update for the Redcastle Project area, including the securing of a diamond drill rig to conduct a 1,000m drilling campaign at the Queen Alexandra prospect. The purpose of the campaign is to confirm the orientation of structures used in the Mineral Resource geological interpretation, test the south-east strike extension of structures at depth, and test for multiple stacked lodes at depth. The company is fully funded for the drilling, which is anticipated to commence on or about 27 May 2024 for a duration of 1 month. Additionally, reconnaissance surface mapping will be completed at South Conundrum during the diamond drilling program. The company looks forward to the insights that will be gained from this exploration update and remains committed to advancing its understanding of the Redcastle Project area.