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Redcastle Resources: Completes RC drilling at namesake project

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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.

Redcastle Resources Completes RC drilling at namesake project

  • Redcastle Resources (RC1) successfully completes step-out reverse circulation (RC) drilling at its namesake gold project in Western Australia
  • Drilling was designed to test the strike extensions of the high-grade results encountered during its maiden program in May
  • Holes were drilled to an 80-metre depth, however, one was extended by a further 20 metres to better test a target
  • A total of 22 RC holes were drilled and samples have been sent to the laboratory for analysis and are expected in due course
  • Shares in Redcastle were steady on market close and trading at 1.4 cents
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