Key assay results from Flicka Lake prospect

Red Mountain Mining (ASX:RMX) has reported significant gold assay results from its Flicka Lake prospect in Ontario, Canada. The company collected 91 rock chip samples in September 2024, revealing high-grade gold values in the Flicka Zone. Notable concentrations were found from Vein #2 and Vein #3, with values of 24.2 ppm and 19.4 ppm respectively for Vein #2, and a peak value of 9.35 ppm for Vein #3.

Summary and future exploration plans

Red Mountain Mining (ASX:RMX) announced notable gold assay results from its 100% owned Flicka Lake prospect in Ontario, Canada, with samples showing high gold grades. The results, consistent with historical data, indicate potential for significant mineralization, comparable to historical mines like the Golden Patricia Mine. RMX is focused on further exploration, planning to evaluate soil geochemistry and rock chip sample results to prioritize future drilling activities in 2025. The company aims to explore the underexplored southwest portion of the Belt, with soil assay results expected by November 2024, to enhance its strategic positioning in gold and battery metals exploration across Canada, Australia, and the USA.

Executive commentary on exploration results

These results are consistent with historical findings by Troon Ventures and suggest the potential for high-grade mineralization along the shear system.