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Rincon Resources (ASX: $RCR) completes heritage clearance survey at West Arunta Project

Rincon Resources completes heritage clearance survey


Rincon Resources Limited (ASX: $RCR) has successfully completed a heritage clearance survey over the high priority 'Avalon' target, as well as the Sheoak, K1 and K2 targets at its West Arunta Project in Western Australia. The survey encompassed 32 proposed drilling traverses and comes shortly after the company received a co-funding grant under Round 29 of the Western Australian Exploration Incentive Scheme for RC drilling at Avalon, Sheoak, K1, and K2.

Executive Commentary on Heritage Clearance Survey


I can't thank the Tjamu Tjamu Aboriginal Corporation and the Kiwirrkurra People enough for being able to squeeze this survey into their very busy schedule. It is a testament to the strong relationship we have built with the community at Kiwirrkurra. Subject to the final report, this survey could allow the Company to start drilling at Avalon in several weeks' time and if we achieve early success, allow us to keep drilling for the next 12-18 months uninterrupted.

Summary of Heritage Clearance Survey Completion


Rincon Resources Limited has completed a heritage clearance survey at its West Arunta Project, paving the way for potential drilling at the high-priority 'Avalon' Nb-REE/IOCG target. The company aims to commence drilling as soon as practicable following receipt of the final survey report, with detailed planning for an initial phase of RC and DD programs already underway. The completion of this survey marks a significant step forward in Rincon's exploration efforts, demonstrating its commitment to advancing its assets through systematic exploration programs to test, discover, and delineate economic resources for mining.

RINCON RESOURCES LIMITED
RCR | ASX | Materials
0.1450.01(+7.41%)
At close 05/07 (AEDT)
Market cap
$38.9M
Volume
12,036,311
DY Yield
0
PE Ratio
0
52 Week Range
0.023 - 0.16
1YR Return
N / A

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