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www.redhill-resources.com/
Description
Redhill Resources Corp. is focused on its development stage and exploration projects in Western Australia. Redhill’S Gullewa Gold Project is being advanced by its joint venture partner Mutiny Gold, Mutiny can earn up to a 100% interest by delivering a positive feasibility study and Paying Redhill $6 Million. Under the terms of the agreement Redhill can retain a 10% net profit interest in the project. In addition to Gullewa, the company is actively exploring three Gold prospects in the historic Gold Producing Gasgoyne region of Western Australia, the Cobra, McCarthy and Mt. Phillips prospects. These three projects appear to host significant exploration upside.
Redhill has recently acquired two rare-earth projects The Honey Comb Hills Beryllium rare earth Prospect in Utah and the Morgan rare-earth prospect British Columbia. Redhill sees excellent upside potential in the rare earth sector; on this basis it’s the company’s intention to execute an exploration program at this prospect in the near future.
News
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02/03/12
Redhill unearths work program for Nyakagwe properties, Tanzania -
25/02/12
Redhill closes acquisition of prospecting license within Tembo's Claim Block -
17/12/11
Redhill, Mutiny complete Gullewa property acquisition -
11/11/11
Redhill and Mutiny Gold amend option deal for Gullewa -
13/10/11
Redhill receives A$2m payment from Mutiny, Mutiny now earns 70% of Gullewa -
17/09/11
Redhill Resources says Mutiny drills more high grade gold at Deflector -
02/09/11
Redhill announces results of additional sampling on Honey Comb Hills -
26/08/11
Redhill Resources extends known mineralization at Deflector -
12/08/11
Redhill acquires 100% of Gullewa project from Sherwin Iron -
24/06/11
Redhill shares jump as partner Mutiny extends Deflector gold deposit
Recent Sector News
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PanTerra Gold transitions to gold and silver producer in the Dominican Republic
PanTerra Gold has taken the final major step to becoming a producer with the start of processing at its Las Lagunas Project in the Dominican Republic. The first gold pour is just days away marking the company’s transition to gold and silver producer.
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Kentor Gold impresses with 53.5m at 1.08% copper at Jervois in the Northern Territory
The open pit mining potential of the Jervois Copper-Silver-Gold Project has moved closer to becoming a reality, after a string of new high grade near surface discoveries. This further validates the decision to fast track a Feasibility Study.
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Mutiny Gold: Is Deflector one of the best undeveloped orebodies in Australia?
The distribution of the gold ounces-plus results across the entire length of Deflector highlights that Mutiny does have one of the best undeveloped orebodies in Australia. Importantly - a revised resource statement is due in the September quarter 2012.
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Aphrodite Gold logs significant increase in Indicated Resources at Aphrodite Gold Project
Today's resource update adds to a growing story at Aphrodite, recently fuelled by a positive Scoping Study. Further RC drilling is now underway to further define the near surface resources at the Deposit.
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Predictive Discovery expands West African portfolio by acquiring gold project in Cote D’Ivoire
A change in government has opened the door to new operators to enter the mineral rich country of Cote D’Ivoire, and few are better suited to the area than West African gold focused Predictive Discovery. Managing director Paul Roberts spoke to Proactive Investors today about the acquisition.
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Kentor Gold returns high grade copper from Jervois project, fast tracks Feasibility Study
Managing director Simon Milroy told Proactive Investors today that the company is “looking at just the top of a very large ore body”, with an intercept of 13.2 metres at 3.39% copper within broader mineralisation close to the surface.
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