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Redstone Resources (ASX: $RDS) to advance copper strategy exploration at West Musgrave project

Update on Redstone Resources' West Musgrave Copper Project


Redstone Resources Limited (ASX: $RDS) is advancing its copper exploration strategy at the 100%-owned West Musgrave Copper Project in Western Australia. The company plans to conduct a follow-up copper exploration campaign near the high-grade Tollu copper deposit, targeting additional copper mineralisation across several prospective nearby targets. The exploration will also include further evaluation of the anomalous copper discovered at the EM5 prospect.

Chairman's Perspective on Copper Potential at West Musgrave


Our West Musgrave Copper Project is a highly valuable and strategic asset, and we are delighted to be getting this next stage of exploration work underway to further investigate the exceptional copper prospectivity in and around the high-grade Tollu copper deposit. As demonstrated by some of the historical drilling intersections at Tollu, some which measure up to 18% copper (1m downhole from 18m in TLC203), the exploration upside at West Musgrave is very clear and we plan to systematically explore for additional copper mineralisation across several prospective targets nearby to the existing Tollu copper resource. Our upcoming exploration campaign will also include further evaluation of the discovery of the 95m intersection of anomalous copper from 66m downhole at the EM5 prospect. Redstone's opportunity to unlock exploration upside and grow the copper potential at West Musgrave is extremely exciting, and we look forward to providing regular market updates on progress.

Exploration Outlook and Potential at West Musgrave


Redstone Resources (ASX: $RDS) is set to advance its copper exploration strategy at the West Musgrave Project, targeting additional high-grade copper mineralisation near the existing Tollu deposit. The company's plans include a follow-up exploration campaign to systematically explore for additional copper mineralisation across several prospective targets nearby to the existing Tollu copper resource. Additionally, the company aims to further evaluate the discovery of anomalous copper at the EM5 prospect. With the potential for significant copper mineralising systems and the presence of a potential Ni-Cu-Co-PGE host or source rocks, the West Musgrave Project holds promise for further exploration and growth. Redstone's focus on unlocking exploration upside and expanding the copper potential at West Musgrave underscores the company's commitment to advancing its strategic assets.

REDSTONE RESOURCES LIMITED
RDS | ASX | Materials
0.005-0.001(-16.67%)
At close 05/07 (AEDT)
Market cap
$5.6M
Volume
18,085,084
DY Yield
0
PE Ratio
0
52 Week Range
0.003 - 0.012
1YR Return
-94.505%

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