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HomeFinTechRex Minerals: Confirms significant gold extensions at Hog Ranch

Rex Minerals: Confirms significant gold extensions at Hog Ranch

  • Rex Minerals (RXM) has confirmed significant gold extensions outside the current mineral resource at its Hog Ranch Gold Property in Nevada, U.S.
  • All up, 10 holes drilled at the Krista Project to test 10 individual target locations outside of the currently defined gold mineralization
  • Of these 10, seven returned significant assay results which also extended the known location of the gold mineralization
  • Rex has now mobilized a reverse circulation rig to Hog Ranch to follow-up gold extensions at the Bells and Krista projects
  • The company has also commissioned a number of 3D-induced polarisation surveys to refine drill target positions
  • Rex is up a healthy 12 percent and shares are currently trading for 14 cents
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