- Rex Minerals (RXM) has confirmed significant gold extensions outside the current mineral resource at its Hog Ranch Gold Property in Nevada, U.S.
- All up, 10 holes drilled at the Krista Project to test 10 individual target locations outside of the currently defined gold mineralization
- Of these 10, seven returned significant assay results which also extended the known location of the gold mineralization
- Rex has now mobilized a reverse circulation rig to Hog Ranch to follow-up gold extensions at the Bells and Krista projects
- The company has also commissioned a number of 3D-induced polarisation surveys to refine drill target positions
- Rex is up a healthy 12 percent and shares are currently trading for 14 cents