Red Hill Minerals Limited has advanced its exploration efforts at the Anabama copper-gold target in South Australia, having completed an Induced Polarisation (IP) survey along the Anabama-Redan Shear Zone. The survey, comprising seven strategically oriented lines, has revealed extensive chargeability anomalies stretching over four kilometres, suggesting significant potential, with promising zones yet to be drill tested. The technical work has shown strong correlations between elevated chargeability and historical drilling intercepts, underscoring the credibility of past mineralisation results. The survey details highlight intercepts from orientation lines that recorded intervals such as 72 metres at 0.9% copper with 0.2 grams per tonne gold and 50 metres at 0.69% copper from respective historic drill targets. The survey was executed using a dipole-dipole configuration with 100-metre spaced transmitter and receiver stations over a total of 12 kilometres, ensuring robust data quality. Notably, the results indicate a potential northwest deviation of the shear zone—an interpretation that has led to plans for additional follow-up lines to refine the target area further. Covering an area of 840 square kilometres, the Anabama Project is part of a joint venture arrangement that has seen the finalisation of a Native Title Agreement with the Wilyakali Native Title Aboriginal Corporation. This development clears the way for heritage surveys and the commencement of first-pass drill testing, positioning the company to potentially double the strike length of known mineralisation compared with previous shallow drilling campaigns. From a bullish perspective, the extensive geophysical anomalies, the clear link to historic mineralisation, and the proactive approach to extending the survey footprint provide strong signals for future resource development. The final processed data expected by late August, along with drill planning underway, could further validate these encouraging early-stage results. Conversely, from a bearish viewpoint, the venture remains in its exploration phase with significant drilling yet to be undertaken. The market risks inherent to early-stage explorations and the uncertainty of translating geophysical anomalies into economically viable mineral resources mean that caution is still warranted. Investors should monitor forthcoming drill results and subsequent technical developments as indicators of the project’s advancing potential.