- Red Mountain Mining (RMX) has begun the exploration field season at its Mt Mansbridge Project in WA’s East Kimberley region
- The company recently inspected the site with the land’s traditional owners, and agreed upon initial work programs and project access
- Starting in early June, Red Mountain will commence target definition exploration programs, with an initial focus on three priority targets
- The company’s activities at Mt Mansbridge will be partially funded by up to $150,000 in EIS co-funded drilling assistance
- Red Mountain Mining is up 11.11 per cent and trading at one cent per share
Red Mountain Mining (RMX) has begun the exploration field season at its Mt Mansbridge Project in WA’s East Kimberley region.
Recently, representatives of the company conducted an inspection of the site along with members of the Tjurubalan, the land’s traditional owners. Initial work programs and access to the project area were agreed upon and authorised, allowing the field season to begin.
Red Mountain Mining’s exploration programs at Mt Mansbridge are set to commence in early June, starting with initial target definition programs. This work will advance the project’s various heavy rare earth element (HREE) and nickel-copper-cobalt-platinum group element (PGE) prospects.
The company’s HREE exploration will initially focus on three priority targets; the Killi-Killi, Kylo, and Vader prospects. Red Mountain will conduct geochemical surveys, mapping, and rock-chipping at these prospects in order to identify drill targets for later in the 2021 field season.
The company is also planning to conduct a moving loop electromagnetic (MLEM) survey at the Déjà vu prospect. This survey will assist in identifying potential zones of massive sulphide accumulations for future drill testing.
Finally, Red Mountain is planning a broader regional geochemical survey, to be conducted over the project as a whole. Much of this exploration work will be partially funded by up to $150,000 in EIS co-funded drilling assistance, which the company successfully applied for recently.
Red Mountain Mining is up 11.11 per cent, trading at one cent per share at 10:09 am AEST.