Rand Mining Ltd (ASX:RND) Releases EKJV Exploration Report
Quarterly Exploration Achievements
Rand Mining Ltd (ASX:RND) has reported significant progress in its Quarterly EKJV Exploration Report for the December 2024 quarter. The East Kundana Joint Venture (EKJV) is co-owned by Rand Mining, Tribune Resources Ltd, and Evolution Mining Limited. The report reveals the completion of 4,158 metres of Reverse Circulation (RC) drilling at the Hornet deposit, a key site set for open-pit mining in the upcoming fiscal year.
Drilling Success and Resource Planning
The infill drilling program has proven successful, achieving a high-grade mineralised zone within the Mary fault mineralisation. Drilling results are currently under review and will contribute to an upcoming Mineral Resource update.
Future Work and Development Plans
Looking ahead, Rand Mining plans to initiate a Mineral Resource update for the EKJV prospects, including both the Raleigh and Hornet open pit areas. Resource development at the Raleigh site is set for the third quarter of FY25, while exploration drilling at the Ambition prospect will occur in the fourth quarter of FY25.
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