RML TO IMMEDIATELY PROGRESS DRAKE EAST ANTIMONY GOLD PROJECT
HIGHLIGHTS:
- LiDAR study commenced at Drake East High Grade Antimony & Gold project. Initial results expected in approximately 10 business days.
- Comprehensive desktop review underway.
- All-time record high Antimony and Gold prices.
- RML’s Drake East Antimony Project is located immediately adjacent to Legacy Minerals’ (ASX:LGM) Drake Gold-Copper Project where LGM (market cap $22m)1 is developing a large epithermal gold-copper mineralised system.
- RML’s acquisition of this highly prospective antimony project was subject of a prior ASX announcement on 10 March 2025.
- LGM’s Drake Project area hosts dozens of antimony occurrences, which are concentrated close to the western boundary of RML’s Drake East.
- Recent LGM rock chip results (ASX announcement 26 February 2025) includes 30% Sb and 0.38g/t Au (Sample 9979) from their Lunatic Prospect, which is only 2.2km from Drake East.
- As previously announced by RML (ASX announcement 10 March 2025) Drake East hosts high- grade antimony (Sb), high-grade gold (Au) and high-grade silver (Ag) mineralisation including peak values of: ➢ 5.72% Sb ➢ 60.9 g/t Au ➢ 214 g/t Ag
- RML’s Drake East Project antimony occurrences, which cover a large area with a strike length of over 15km, are considered part of the same broader trans-project-scale antimony mineralised zone that occurs on Legacy’s Drake Project.
- RML activating further initiatives to fast-track its High-Grade Antimony & Gold Projects which will be announced in due course
