Regener8 Resources announces North Achilles tenement grant

Regener8 Resources NL (ASX:R8R) has announced the acquisition of the North Achilles tenement, known as EL9718, in New South Wales. This strategic move supports the company's objective to explore polymetallic mineralisation in the South Cobar region. The tenement is near a notable discovery by Australian Gold and Copper Ltd, which has shown high-grade deposits.

Regener8's strategic outlook and future plans

Regener8 Resources NL has successfully acquired the North Achilles tenement, advancing its strategy to explore polymetallic mineralisation in New South Wales. The company plans to begin reconnaissance exploration by March 2025, focusing on the Achilles shear zone, which holds promise for mineral deposits. The acquisition places Regener8 in proximity to high-grade mineral findings by AGC, offering a strategic advantage. Regener8 is committed to using proven exploration techniques and engaging with local stakeholders to optimize its exploration efforts. The company also continues to develop its East Ponton and Kookynie Gold Projects, further diversifying its exploration portfolio. Future updates on the North Achilles Project's progress are anticipated, reflecting the company's dedication to advancing its exploration activities and expanding its mineral resource base.

Insights from management on new acquisition

We are excited about the acquisition of the North Achilles tenement, which provides us with a significant opportunity to build on the success of our neighbors' exploration activities. Our focus will be on leveraging the insights gained from AGC's achievements in the region,' said Stephen Foley, Managing Director of Regener8.