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Raffles Capital Limited

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ASX
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In brief

Raffles Capital (ASX: RAF) is principally focused on commercial property, mining and resources investment. The company’s subsidiary, Precious Metal Resources, is the holder of three tenements located at Halls Peak, 80km south-east of Armidale, New South Wales. Halls Peak is the inferred volcanic centre for extensive small but high grade Volcanic Massive Sulphide deposits rich in copper, lead, zinc and silver, with variable but largely untested gold values.