Red Mountain Mining Ltd Accelerates Fully Funded 2,500m Trenching Program at Armidale to Unlock Gold & Antimony Potential

Friday, July 11, 2025
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9:21 am
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Red Mountain Mining Ltd is accelerating exploration at its Armidale antimony-gold project. Promising gold rock chip results, reaching up to 0.54g/t, and a planned 2,500m trenching program underscore the potential for strong returns, making it an attractive prospect for new investors.

Red Mountain Mining Limited has advanced its exploration efforts at its Armidale Antimony‐Gold Project across Australia and Canada, delivering promising early indicators of an orogenic Sb-Au system. Following the assay results from 102 rock chip samples at the Oaky Creek prospect, values of up to 0.54g/t gold have been recorded alongside antimony peaks as high as 333ppm in soil and up to 28.3% in select rock chips. These strong correlations between gold and antimony support the interpretation of a deposit style analogous to Australia’s largest antimony deposit, bolstering the company’s exploration model. The company’s immediate program includes an ambitious plan to complete approximately 2,500 meters of shallow trenching across three distinct soil anomalies at Oaky Creek. This work is designed to test for bedrock mineralisation where historical workings are absent and to outline the potential strike extents—estimated at 1.5km for the northern anomaly and 800m for the southern zone. Alongside these efforts, Red Mountain Mining is progressing with a comprehensive soil sampling program over 1,032 samples on grid patterns at the East Hills and Horsley prospects. These areas, which also exhibit historical mining activity and magnetic anomalies, will be further scrutinized to capture proximal evidence of gold mineralisation via pathfinder elements such as arsenic. Full funding is in place for the Q3 and Q4 exploration phases after a successful placement backed by strategic investors. The technical work is supported by modern field and laboratory techniques including fire assay with lead collection for gold determination and pXRF for initial soil geochemistry, ensuring robust quality control measures throughout. The detailed work plan extends the evaluation of valuable antimony and gold targets, notably incorporating follow-up trenching and regional soil sampling to better define potential drill targets. Market sentiment appears mixed. On the bullish side, the rigorous and well-funded exploration program, the strong spatial correlation between gold and antimony, and the strategic support from top-tier investors signal significant upside potential. These early findings, reinforced by comparisons to established deposits in similar geological settings, could offer a compelling prospect for future resource development. Conversely, on the bearish side, the results remain in the initial exploration phase and are yet to be definitively tied to a delineated resource. Risks inherent to early-stage exploration and the absence of drilling results underline the speculative nature of the findings, warranting a cautious interpretation by beginner traders.

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