Rincon Resources (ASX:RCR) has identified multiple gold targets at its Laverton Project in the Eastern Goldfields of Western Australia.
This comes as a result of a comprehensive soil sampling program that revealed 18 gold anomalies.
Following a detailed interpretation and prioritisation process, nine untested targets have been selected for further investigation.
These include three Priority-1, five Priority-2, and one Priority-3 targets, all of which remain untested by drilling.
Planning for drill programs, including permitting and approvals, is currently underway. The efforts are part of the preparation for an exploration campaign slated for 2025.
Managing Director, Gary Harvey, commented on the progress, "The results of the soil sampling program have successfully assisted in defining new ‘untested’ targets for drilling. This is a fantastic start to our new gold exploration strategy at Laverton."
The company's exploration strategy aims to create shareholder value by systematically exploring, testing, and delineating economic resources for prospective mining operations within their Laverton Project.
Rincon Resources is an ASX-listed company focused on the acquisition, exploration and development of resource projects in Western Australia. It has 100% interest in three exploration assets that are prospective for copper, gold, Nb, rare earth elements, and other critical metals.
At the time of reporting, Rincon Resources' share price was $0.012.