FinTechFunding

Red Mountain Mining: Rounds off fieldwork at Charlotte project, NT

Red Mountain Mining Rounds off fieldwork at Charlotte project, NT

  • Red Mountain Mining (RMX) has completed initial fieldwork at its Charlotte lithium project in the Northern Territory
  • The company conducted an initial field investigation over the area and delineated several out-cropping and sub-cropping occurrences of pegmatite
  • RedMountain has mapped 30 metres of strike length on one outcrop and defined two to three pegmatite trends within the tenement
  • A follow-up program is expected to begin in May once the wet season is over
  • RedMountain Mining is up 14.3 per cent and trading at 0.4 cents at 10:34 am AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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