30% Increase to 80,000 Oz & Higher Grade at Blue Heaven
Filed with ASX · · 21 pages · English
Summary by 6ix AI
The updated estimate follows extensive drilling and suggests potential for shallow, open pit mining development. CEO Jeremy Bower expressed confidence in the resource's growth and the project's proximity to critical infrastructure, enhancing its viability for future mining operations. The report highlights that a substantial portion of the resource is classified as Indicated, with metallurgical tests showing a high recovery rate.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Reach Resources Limited on 6ix
Earlier from Reach Resources
- Rights Issue to Raise up to $3.15M
- Entitlement Issue Prospectus
- High-Grade Rock Chip Assays Highlight Prospectivity
- Gold Extends Along Strike, at Depth & Below Historic Working
- Trading Halt
Later from Reach Resources
- Murchison South Fully Funded to Production
- REEcycle To List on Nasdaq
- Positioned for Growth
- Additional Funding from Sale of Non-Core Assets
- Proposed issue of securities - RR1
Follow Reach Resources into a list and get an email when it puts out news.
Follow Reach Resources