Rincon Resources (ASX:RCR) has identified high-priority drill targets at its Laverton Gold Project in Western Australia following a recent management site visit and detailed review of soil sampling and historical drill data.
The company, working with Perth-based Apex Geoscience, is now finalising plans for its first drilling program at Laverton since 2021.
The campaign will initially follow up on a standout historic RAB drill intercept of 4m at 17.96 g/t gold from 20m depth.
A soil sampling program completed in late 2024 outlined 18 gold anomalies, leading to the classification of 3 Priority-1, 5 Priority-2, and 1 Priority-3 untested targets.
The anomalies were ranked using a combination of gold and pathfinder element geochemistry, alteration signatures, structural interpretation, and geology.
A drone magnetic survey is also scheduled to enhance structural mapping and target definition.
Rincon’s Technical Director, Mike Griffiths, noted the tenement's strategic location within a 50km radius of major deposits including Mt Morgans, Wallaby, Sunrise Dam, Lancefield, and Apollo Hills.
Griffiths highlighted that historic drilling results, once marginal under lower gold prices, now warrant follow-up in the current price environment.
Exploration planning is underway to secure permits and mobilise a drill rig within the next four to six weeks.