Astute Metals NL announced significant drilling results from its fully owned Red Mountain Lithium Project in Nevada, USA. In its April 2025 diamond drilling campaign, two new drill holes—RMDD007 and RMDD006—returned multiple lithium intercepts, with RMDD007 delivering the widest intersection to date. The RMDD007 hole encountered a broad 95‐meter zone averaging 1,340 parts per million lithium starting at 54.9 meters, followed by a high-grade 5.4‐meter interval at 2,320 ppm lithium and an additional 24.3‐meter zone at 1,290 ppm. The RMDD006 drill hole produced intersecting zones including a 31.8‐meter section at 1,120 ppm lithium, along with two shorter intervals of 24.3 and 9.6 meters at roughly 1,040 ppm. The technical report details that both drill holes targeted the main lithium-bearing horizon, with RMDD007 also serving as a twin to a previously drilled hole to validate results. The intersections are reported both in parts per million and converted to Lithium Carbonate Equivalent percentages, using the industry standard formula, highlighting values of approximately 0.72% and 1.24% LCE in key intervals. Additional rock chip sampling identified a previously untested potential zone approximately 500 meters to the southeast, indicating a possible broadening of the lithium mineralisation area in the east of the project. Meanwhile, assays for two remaining drill holes are anticipated in July, with these outcomes expected to feed into the company’s maiden Mineral Resource Estimate due by year-end. Management remains upbeat about the findings. Chairman Tony Leibowitz emphasized that the high-grade and extensive lithium intersections in both holes position the Red Mountain project well ahead of many lithium clay projects in the United States, reinforcing the company’s view of a strike-extensive and high-grade deposit. The positive drill results, combined with supportive surface sampling and successful core processing, provide a strong technical underpinning ahead of further drilling in the second half of 2025. Bullish sentiment centers on the impressive drilling intercepts—particularly the record 95-meter zone—and the identified new surface anomaly that could extend the known mineralisation. These outcomes, paired with high leachability test results and the prospect of an upcoming maiden resource estimate, offer significant upside potential for the project. Conversely, bearish considerations include the inherent risks of early-stage exploration projects, uncertainties pending further assay results, and the possibility of encountering lower-grade zones within the broader target area. Overall, these results represent a substantial step forward for Astute Metals NL in developing its lithium portfolio in a competitive, resource-rich region.