All tagged Redstone Resources ASX:RDS
Redstone Resources (ASX:RDS) had a busy June quarter with the release of the initial JORC-2012 Resource for the Tollu Copper Project in WA. The Company has defined a number of analogue targets for follow up. The Company has planned a 53 hole 8,000m RC program to follow up on priority prospects.
Redstone Resources (ASX:RDS) has announced that it has received EIS co-funding to drill a 1,000m diamond hole at the Chatsworth Prospect within the Tollu Copper Project. In addition to this, the Company has planned a 53 hole 8,000m RC drill program at Forio and Forio analogue prospects for the remainder of the year.
Redstone Resources (ASX:RDS) has released a maiden JORC-2012 resource of 3.8Mt at 1.0% copper (38,000t contained copper) at the Tollu Project in Western Australia. Included within the resource is 7,000t of copper oxide, which will be the focus of studies towards an expedited low cost initial development.
Redstone Resources (ASX:RDS) has announced further positive copper results from the Tollu Project. The results confirm shallow oxide/transitional copper mineralisation potentially amenable to evaluation of a low cost development path as part of a broader development strategy. Included in the results was a new zone called Forio, which is defined over 25om and open in all directions.