Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)
Lithium
44.03
(0.23%)
Gold
2,657.50
(0.23%)
Copper
4.36
(1.02%)
Oil
71.09
(0.59%)
Bitcoin
65,402.11
(1%)
FTSE 100
8,292.70
0.47%
Nikkei 225
40,112.04
0.16%
Dow Jones
43,065.22
0.62%
Iron Ore
107.35
(0.22%)
USD/AUD
0.67
(0.31%)
Hang Seng
20,712.63
(1.58%)

Rincon Resources (ASX: $RCR) announces significant copper and TREO results

Rincon Resources announces significant copper and TREO results at West Arunta Project


Rincon Resources Limited (ASX:RCR) has reported significant copper and Total Rare Earth Oxides (TREO) drilling results from recent RC drilling programs at its West Arunta Project in Western Australia. The drilling programs have revealed substantial copper mineralisation at Pokali East, with potential for a multi-million tonne copper resource, as well as significant TREO mineralisation at Sheoak and K2, and a shallow supergene zone of elevated TREO mineralisation at Avalon.

Executive commentary on drilling results


Following the completion of RC drilling at Avalon and other targets, the Company has now had the opportunity to also complete some necessary validation drilling at Pokali East and properly assess all the results received to date for this season's drill campaigns. The twinning of several historic holes and two untested locations at Pokali East has provided valuable QAQC data for future resource modelling and served to assist in confirming our IOCG mineralisation model by adding essential geochemical data for our IOCG alteration mapping program. The potential for a significant multi-million tonne copper resource at Pokali East is now a real possibility. The discovery of significant TREO mineralisation at Sheoak and K2 is also significant, with high values of cerium (Ce), neodymium (Nd), and praseodymium (Pr) indicating the potential for REE mineralisation related to the major syenitic intrusive complex intersected in the Sheoak diamond hole. We are still expecting more results from diamond drilling at Avalon, Sheoak, and K1 in the coming weeks that will be reported on separately when these results are in.

Summary of ASX announcement and outlook


Rincon Resources' recent drilling programs at the West Arunta Project have unveiled significant copper and TREO mineralisation, with the potential for a substantial multi-million tonne copper resource at Pokali East. The discovery of significant TREO mineralisation at Sheoak and K2, along with the confirmation of a shallow supergene zone of elevated TREO mineralisation at Avalon, presents promising prospects for the Company. With ongoing assay results and further drilling programs planned, Rincon Resources aims to expand the known copper mineralisation at Pokali and assess the potential for shallow clay-hosted TREO enrichment at Sheoak. The Company's systematic exploration programs aim to test, discover, and delineate economic resources for mining, positioning Rincon Resources for future growth and development in the Western Australian mineral sector.

RINCON RESOURCES LIMITED
RCR | ASX | Materials
0.023-0.001(-4.17%)
At close 14/10 (AEDT)
Market cap
$6.7M
Volume
482,994
DY Yield
PE Ratio
52 Week Range
0.022 - 0.16
1YR Return
N / A

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