Red Mountain Mining Ltd initiates exploration sampling at Kiabye Gold Project

Red Mountain Mining Ltd (ASX:RMX) has commenced exploration sampling at the Kiabye Gold Project in Western Australia. The program covers the central portion of the Kiabye Greenstone Belt in the Yilgarn's Murchison Domain southeast of Mount Magnet. A total of 658 soil samples with rock chip sampling planned at favorable sites are expected to provide additional depth to the company's gold-focused portfolio. The assay results are anticipated in early October, with follow-up drilling planned pending the assay results.

Executive Commentary on Kiabye Gold Project Exploration

The exploration sampling program at the Kiabye Gold Project marks an important step for Red Mountain Mining Ltd as we expand our gold exploration activities. The historical gold results, infill sampling gaps, and geophysical targets present significant opportunities for the discovery of gold deposits. We are optimistic about the potential of this project and look forward to the assay results in early October, which will guide our next steps, including the planned follow-up drilling. This initiative aligns with our strategy to diversify our portfolio with a focus on gold exploration, complementing our ongoing projects in Canada and the USA.

Summary of Kiabye Gold Project Exploration and Outlook

Red Mountain Mining Ltd has initiated an exploration sampling program at the Kiabye Gold Project in Western Australia, targeting historical gold sites and geophysical anomalies. The company expects the assay results in early October, which will inform the planned follow-up drilling. This endeavor adds depth to the company's gold-focused portfolio and aligns with its strategy to diversify its projects. The Kiabye Project covers a significant strike length of the greenstone belt, presenting high residual potential for gold discovery. With ongoing projects in Canada and the USA, Red Mountain Mining Ltd is strategically positioned to advance its exploration and development activities across multiple critical minerals, including gold, lithium, rare earth, and base metals.