Rincon Resources (ASX:RCR) completed a heritage clearance survey over several key targets at its West Arunta project in Western Australia. The survey covered the high priority ‘Avalon’ target, as well as the Sheoak, K1, and K2 targets, pushing the company’s exploration efforts forwards.
Just three weeks ago, Rincon revealed the results of a ground gravity survey, pinpointing the ‘bullseye’ Avalon gravity target among others. Following this, the company successfully secured funding under Round 29 of the Western Australian Exploration Incentive Scheme to support drilling activities at Avalon, Sheoak, K1, and K2.
“I can’t thank the Tjamu Tjamu Aboriginal Corporation and the Kiwirrkurra People enough for being able to squeeze this survey into their very busy schedule. It is a testament to the strong relationship we have built with the community at Kiwirrkurra,” Rincon’s Managing Director, Gary Harvey said.
Currently, Rincon is in detailed planning for an initial phase of drilling programs, both reverse circulation (RC) and diamond core (DD).
The final survey report is expected in 4-5 weeks and the company plans to kick off drilling
as soon as practicable thereafter. The drilling program will focus on testing the Avalon target and other identified prospects.
RCR has been trading at 12.5 cents.