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Pin to quick picksRichmond Hill Regulatory News (RHR)

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Update re Martello Gold Project

17 Mar 2026 10:00

Richmond Hill Resources Plc - Update re Martello Gold Project

Richmond Hill Resources Plc - Update re Martello Gold Project

PR Newswire

LONDON, United Kingdom, March 17

Richmond Hill Resources PLC (“Richmond Hill” or the “Company”) Update re Martello Gold Project

Richmond Hill Resources PLC (AIM: RHR) announces that, further to the announcement on 5 February 2026, a third-party contractor has now completed a DRONE-MAG survey on the Martello Gold Project. The survey was conducted using a DRONE-MAG system, consisting of a Blacksquare Hercules X4 drone, a GEM Systems GSMP-35U potassium vapor magnetometer, and GEM Systems GSM-19 Overhauser base stations.

From 16 – 25 February 2026, the contractor completed an airborne magnetic survey using an Unmanned Aerial Vehicle (UAV) over the Martello Gold Project near Dryden, Ontario, Canada. The survey was flown for Richmond Hill Resources totalling 773.7 line-kilometres and was an add on to the previously flown survey in 2023.

Richmond Hill has engaged Critical Discoveries to write an assessment report based on the data provided by the contractor.

Hamish Harris, CEO of Richmond Hill, commented : “ This survey now completes the gap in previous work over our licences in the Martello Gold Project and provides further information on the project as we look forward to our maiden drill campaign which we expect to commence shortly. I look forward to updating the market with respect to this shortly.

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events.   Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.  

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Richmond Hill Resources

Hamish Harris

Tel: +44 (0)787958 4153

Cairn Financial Advisers LLP (Nominated Adviser)

Ludovico Lazzaretti / James Western

 

Tel: +44 (0)20 7213 0880

 

Clear Capital Limited (Broker)

Bob Roberts

Tel: +44 (0) 20 3869 6080

Further information on the Company can be found on its website at www.richmondhillresources.com

 



Date   Source Headline
3rd Jul 20267:00 amPRNMartello Update
23rd Jun 20267:00 amPRNDirector/PDMR Shareholding
22nd Jun 20267:59 amPRNMartello Update
4th Jun 20267:00 amPRNHalf Year Report for the six month period ended 31 March 2026
27th May 202611:33 amPRNMartello update
30th Apr 202610:56 amPRNResult of AGM
28th Apr 20267:00 amPRNGrant of Options
23rd Apr 20267:00 amPRNAdditional Mining Claims near Martello
22nd Apr 20267:00 amPRNUpdate re Bartlett Mining Claims
14th Apr 20267:00 amPRNMartello update
7th Apr 20267:00 amPRNConditional Acquisition of the Bartlett Mining Claims
1st Apr 20267:00 amPRNNotice of AGM
30th Mar 20263:54 pmPRNMartello Gold Project - drilling commencement
25th Mar 20267:00 amPRNFinal Results
20th Mar 20267:00 amPRNMartello Gold Project - Rig Mobilisation
17th Mar 202610:00 amPRNUpdate re Martello Gold Project
5th Feb 20268:20 amPRNFurther re Martello Gold Project& Consultancy Agreement
3rd Feb 20267:00 amPRNFurther re Establishment of EBT
2nd Feb 20267:00 amPRNResult of WRAP Retail Offer
28th Jan 202612:00 pmPRNWRAP Retail Offer for up to £100,000
28th Jan 20267:30 amPRNFundraise and update re Martello Gold Project
5th Jan 20267:00 amPRNUpdate on Martello Gold Project
2nd Jan 202611:45 amPRNChange of Registered Office
22nd Dec 202511:24 amRNSDirector/PDMR Shareholding
22nd Dec 202511:24 amPRNDirector/PDMR Shareholding
18th Dec 20257:00 amPRNTerm sheet for high grade gold project in Canada
17th Dec 20253:01 pmPRNUpdate on Saint-Sophie Project & Establishment of EBT
23rd Oct 20254:34 pmPRNDual Listing on Frankfurt Stock Exchange
15th Oct 20257:00 amPRNAdmission to trading on AIM & First Day of Dealings

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