RE: Rincon Resources good news is good news for us too - Telfer South Data Reveals Significantly Larger Gold-Copper Prospect26 Feb 2026 07:15
Hi TT
Rincon kept this small licence 100% for themselves, Shaun may want them to develop to production.
The Rincon jv is further SE adjacent to our SE hub. It contains 2 huge targets Mammoth and Recurve. Grace is between 2 of these licences and Paterson Resources announced high grade gold results on Monday.
Hasties tried deep drilling there a few years ago and found nothing, so most of this is shallow stuff.
Our Thompsons dome is close by and I read sometime ago that Newcrest didn't find anything of interest but that was with much lower gold prices.
DL might come back on here and put me right on Hasties but I'm not that keen on it.