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68.16
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2,526.80
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17,444.30
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68.16
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2,526.80
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36.58
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92.2
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17,444.30
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40,345.41
(-1.01%)
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36,391.47
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8,181.47
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0.6611
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57,763.00
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68.16
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2,526.80
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36.58
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92.2
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40,345.41
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68.16
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2,526.80
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36.58
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92.2
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17,444.30
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40,345.41
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36,391.47
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0.6611
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57,763.00
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68.16
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2,526.80
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36.58
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92.2
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17,444.30
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40,345.41
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36,391.47
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68.16
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2,526.80
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92.2
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68.16
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2,526.80
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36.58
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Iron Ore
92.2
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17,444.30
(0%)
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40,345.41
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36,391.47
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(-0.73%)
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68.16
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2,526.80
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92.2
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17,444.30
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40,345.41
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36,391.47
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8,181.47
(-0.73%)
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0.6611
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57,763.00
(-0.78%)
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68.16
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2,526.80
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36.58
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Iron Ore
92.2
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17,444.30
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40,345.41
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36,391.47
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68.16
(-1.43%)
Gold
2,526.80
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36.58
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Iron Ore
92.2
(1.3%)
Hang Seng
17,444.30
(0%)
Dow Jones
40,345.41
(-1.01%)
Nikkei 225
36,391.47
(-0.72%)
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(-0.73%)
USD/AUD
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(-0.36%)
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57,763.00
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68.16
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2,526.80
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36.58
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Iron Ore
92.2
(1.3%)
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17,444.30
(0%)
Dow Jones
40,345.41
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36,391.47
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(-0.73%)
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92.2
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Iron Ore
92.2
(1.3%)

Rincon Resources (ASX: $RCR) highlights zoned alteration system

Rincon Resources (ASX: $RCR) announces Pokali drilling results


Rincon Resources Limited (ASX: $RCR) has announced the results from its Pokali diamond ('DDH') and reverse circulation ('RC') drilling program at the Pokali IOCG Prospect located at its West Arunta Project in Western Australia. The drilling program comprised 2 diamond drill holes (24WADD001-002) and 12 RC holes (24WARC001- 012), targeting both deep and shallow areas across the Pokali Prospect area.

Executive commentary on Pokali drilling results


This was our first drilling program at Pokali, and we hoped to intersect high-grade copper mineralisation. Unfortunately, this was not to be however, the analysis of the multi-element data has provided very positive outcomes in furthering our hunt for a copper discovery. Establishing alteration signatures indicative of the type of the zoning one expects to observe in an extensive IOCG system is additional evidence to warrant further work at Pokali. We can now map these in detail to vector towards the heart of the IOCG system, where high-grade copper mineralisation is likely to be found.

Summary of Pokali drilling results and future outlook


Rincon Resources' drilling program at the Pokali IOCG Prospect has revealed widespread anomalous copper mineralisation, extending over 4km across the known outcropping system. The analysis of multi-element data has established zoned alteration and trace element signatures indicative of IOCG systems, providing evidence of a potentially extensive IOCG system at Pokali. The company plans to combine these results with existing geophysical, geological, and structural models to refine vectoring toward the heart of the IOCG system and higher-grade copper mineralisation. Additionally, a planned detailed airborne magnetic survey is set to commence in the coming weeks to enhance structural interpretation and establish targets in areas under cover. Rincon Resources aims to create value for its shareholders by advancing its assets through systematic exploration programs to test, discover, and delineate economic resources for mining.

RINCON RESOURCES LIMITED
RCR | ASX | Materials
0.024-0.003(-11.11%)
At close 06/09 (AEDT)
Market cap
$7.0M
Volume
2,746,265
DY Yield
0
PE Ratio
0
52 Week Range
0.023 - 0.16
1YR Return
N / A

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