Redcastle Resources (ASX:RC1) announces successful RC drilling program at QA prospect

Redcastle Resources Limited (ASX:RC1) has released the results of its RC drilling program at the Queen Alexandra (QA) prospect. The program, consisting of 37 holes for 1,937m, confirmed consistent shallow gold mineralisation with promising assay results. The top 5m was not assayed due to surface rights belonging to prospectors. A total of 228 X 1m samples from the originally submitted composite samples have been recently submitted to the laboratory for assay.

Executive Commentary on Queen Alexandra Prospect

The recently completed RC drilling program at the QA prospect has provided encouraging results, confirming the continuity of mineralisation. The gold intersections in the upper 20m, which increase in grade with depth and plunge to the south-east, are particularly promising. The preliminary metallurgical testwork has reported a subsample from the 2022 high-grade sample RRC151 at 115m as having a metallurgical recovery of 92% for gold. These results are a testament to the prospect's potential, and we are optimistic about the future prospects of the QA prospect. We look forward to completing the geological interpretation and JORC Resource on receipt of the 228 X 1m assays, which will further guide our future exploration and drilling plans.

Summary of Redcastle Resources' RC Drilling Program

Redcastle Resources (ASX:RC1) has successfully completed an RC drilling program at the QA prospect, with the results indicating consistent shallow gold mineralisation. The program confirmed mineralisation continuity on section and with a strike extent of 200m. The preliminary metallurgical testwork reported a subsample from the 2022 high-grade sample RRC151 at 115m as having a metallurgical recovery of 92% for gold. The company plans to complete a geological interpretation and JORC Resource on receipt of the 228 X 1m assays, and is considering the opportunity for diamond drilling in the first quarter of 2024 to substantiate deeper mineralisation. These developments reflect the company's commitment to advancing its exploration activities and maximizing the potential of the QA prospect.