Five Key Facts with Redstone Resources Chairman - Richard Homsany



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Redstone Resources (ASX: RDS)

Redstone Resources owns 100% of their West Musgrave project covering 237 square kilometres of highly prospective, under-explored ground. Their project lies just 40km to the east of the Nebo-Babel project which is the largest nickel-sulphide discovery in recent times. 

Redstone have already a proven resource of more than 38,000 tonnes of copper and are confident that future drilling can define further copper mineralisation.

Further expanding on their operations, Redstone conducted an airborne electromagnetic survey of their tenements last year which identified eleven conductive EM anomalies. When the first of these was drilled it revealed substantial sulphide mineralisation, an encouraging sign that led to the remaining 10 anomalies being upgraded to immediate drill targets.

With a sizeable land holding and a low market cap of around $AU4.5 Million, Redstone Resources looks to be an attractive vehicle for investors to gain an exposure to prospective tenements in the West Musgrave region.

If you have any questions, please call (03) 8080 5795 to speak with an advisor, or register your details in the form provided.


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