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Redstone Resources (ASX:RDS) has been granted a trading halt by the ASX, with its shares placed in pre-open.
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Redstone Resources (ASX:RDS) has unveiled good copper grades of 2.6% from drilling the first 3 holes at its Tollu Project in south east of the West Musgrave region of Western Australia. The first batch of results from RC drilling were from near surface oxide mineralisation and is very encouraging toward further copper exploration upside at Tollu. This should lead to a maiden JORC resource estimate at Tollu this quarter.
14h - Asif