viewRedstone Resources Limited

Redstone Resources kicks off diamond drilling at Tollu Copper Nickel Project


Redstone Resources (ASX: RDS) has begun the first diamond drilling program at its wholly owned Tollu Copper Nickel Project in the West Musgrave region of Western Australia.

The drilling is designed to confirm the significance of recent thick intersections of copper sulphide within the Eastern Zone of the project that included 27 metres of visible copper sulphide from 254 metres.

The program is also aiming to obtain core of the mineralised bodies of both Central and Eastern Zones to study the mineralisation in detail, including metallurgical assessment, as well as test the Eastern Zone mineralisation to a depth of 600 metres.

The Eastern Zone is one sub-vertical hydrothermal body, which is the thickest mineralised body intersected so far in the Tollu district, that is is exposed over a distance of 2.5 kilometres.

In the Central Zone copper mineralisation has been extended to over 300 metres strike at a depth of 397 metres. The mineralisation remains open along strike and at depth.

Redstone had A$2.8 million cash at the end of the September quarter.

Quick facts: Redstone Resources Limited

Price: 0.015 AUD

Market: ASX
Market Cap: $7.8 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


GinsGlobal Managing Director sees Healthcare and Healthcare innovation as...

HANetf and GinsGlobal Index Funds' Managing Director Anthony Ginsberg joined Steve Darling from Proactive to share details about the success of their Healthcare Innovations ETF. Ginsberg discusses how COVID-19 had made a direct impact on that fund, especially in the telemedicine...

1 day, 22 hours ago

2 min read