Rincon Resources Delivers Outstanding Gold-Copper Results at Hasties Main Deposit
Rincon Resources Limited (ASX: RCR) has delivered exceptional Rincon Resources gold-copper results from its latest drilling campaign at the Hasties Main deposit, part of the Telfer South Gold Project located just 10 kilometres from the renowned Telfer Mine. The 14-hole, 1,350-metre reverse circulation drilling program has successfully extended known mineralisation by over 150 metres along strike whilst intersecting multiple high-grade zones that demonstrate the significant potential of this emerging gold-copper system.
High-Grade Intersections Signal Major Expansion Potential
The Rincon Resources gold-copper results showcase impressive gold and copper mineralisation across 12 of the 14 holes drilled, with standout intersections including remarkable grades. Furthermore, these results demonstrate the system's continuity and grade consistency across an expanded footprint.
| Hole ID | Intersection | Grade | Comment |
|---|---|---|---|
| HRC25009 | 23m @ 1.05g/t Au from 64m | Including 9m @ 1.43g/t Au | Substantial gold zone |
| HRC25007 | 28m @ 0.95% Cu from 31m | Including 7m @ 2.50% Cu | High-grade copper |
| HRC25005 | 12m @ 0.91g/t Au from 32m | Including 1m @ 3.71g/t Au | Rich gold intersection |
| HRC25008 | 38m @ 0.67% Cu from surface | Including 1m @ 16.3% Cu | Near-surface copper |
These results significantly strengthen the existing Mineral Resource Estimate of 870,000 tonnes @ 0.96 g/t Au and 0.26% Cu, containing 26,800 ounces of gold and 2,286 tonnes of copper.
"We're thrilled with the outcomes of this focused drilling program – our drills have intersected several extensive mineralised zones with gold and copper grades that match those outlined in the Hasties Main MRE, yielding ore comparable to what the Telfer Mine is presently processing," stated Michael Griffiths, Technical Director.
Understanding Reverse Circulation Drilling: The Gold Standard for Resource Definition
Reverse Circulation (RC) drilling represents one of the most cost-effective and reliable methods for mineral exploration and resource definition. Unlike conventional drilling where samples can become contaminated as they travel up the drill hole, RC drilling uses compressed air to force rock chips up through the inner tube of a dual-wall drill pipe.
This method delivers fresh, uncontaminated samples to surface, ensuring the accuracy of the Rincon Resources gold-copper results. In addition, the technique allows for rapid drilling progress whilst maintaining sample quality, making it the industry-standard approach for resource estimates.
Why This Matters for Investors
RC drilling provides accurate, representative samples essential for resource calculations. Moreover, the method proves cost-effective compared to diamond drilling, enabling larger programs within budget constraints. The 1,350-metre program utilised slim-line RC drilling with 4.1-inch face-sampling bits, ensuring high-quality samples.
Notably, 96% of samples showed good recovery rates, demonstrating the technical precision that directly translates to confidence in the reported grades and resource estimates.
Strategic Development Timeline Positions Company for Resource Growth
Rincon has outlined a systematic approach to advancing the Hasties Main deposit through 2026. However, the company's methodical progression demonstrates management's commitment to value creation through disciplined exploration.
Immediate Actions (Q4 2025)
The company plans to complete density data collection for enhanced resource modelling. Furthermore, they will submit samples for preliminary copper and gold metallurgical testing. Additionally, heritage survey approvals for expanded drilling areas will be finalised.
Q1 2026 Milestones
Rincon will release an updated Mineral Resource Estimate incorporating the new Rincon Resources gold-copper results. Subsequently, a Stage 2 drilling program will launch pending permit approvals. The company will also complete Mobile Magnetotelluric (MT) geophysical survey interpretation.
Medium-term Objectives
The strategy includes extending drilling to the Hasties SE deposit, which was not covered in the current program. In addition, infill drilling will upgrade resource confidence categories. The company aims to advance preliminary economic studies based on the expanded resource base.
Investment Thesis: Positioning in a Proven Mining District
Rincon Resources presents a compelling investment opportunity within the established Telfer mineral system, historically one of Australia's most significant gold-copper districts. The Rincon Resources gold-copper results demonstrate grades competitive with current Telfer Mine production, which reported 0.58 g/t Au and 0.09% Cu for the September 2025 quarter.
Key Investment Drivers
| Factor | Advantage | Impact |
|---|---|---|
| Location Premium | 10km from Telfer Mine infrastructure | Reduced development costs |
| Grade Quality | Matches/exceeds Telfer processing grades | Revenue potential |
| Resource Growth | Strike length nearly doubled | Scale economics |
| Early Stage | Pre-development asset | Value expansion opportunity |
The 540 square kilometre tenement package provides substantial exploration upside across 40 kilometres of prospective geology. With mineralisation remaining open along strike and at depth, the current resource estimate likely represents only a fraction of the system's potential.
Comparative Context
Telfer Mine has produced over 8 million ounces of gold since 1977, establishing the district's credentials. The current Hasties resource of 26,800 ounces represents early-stage potential within a similar geological setting. Consequently, infrastructure proximity reduces typical remote development challenges significantly.
Why Should Investors Monitor Rincon Resources?
Rincon Resources has positioned itself as an emerging player in one of Australia's premier gold-copper districts. The company's 100% ownership across four exploration assets in Western Australia provides diversified exposure to copper and gold opportunities.
Compelling Investment Characteristics
The company benefits from proven management, with Technical Director Michael Griffiths bringing extensive mining experience. Furthermore, strategic assets in established mining districts including Telfer South and Murchison Gold Field provide quality exposure.
The systematic exploration approach consistently yields positive results. Additionally, infrastructure advantages through proximity to existing mining operations reduce development risks substantially.
With the updated Mineral Resource Estimate scheduled for Q1 2026 and Stage 2 drilling pending approvals, multiple near-term catalysts position the company for continued newsflow. Therefore, potential value recognition opportunities remain significant.
"Rincon Resources has established itself as a significant exploration success story within the Telfer mineral system, with drilling results demonstrating commercial-grade mineralisation across an expanding footprint," industry analysts note.
The combination of high-grade results, resource expansion potential, and strategic location within a proven mining district creates a compelling investment proposition. For investors seeking exposure to Australia's gold and copper sectors, the latest Rincon Resources gold-copper results provide substantial validation of the project's potential.
As the company advances through systematic exploration and resource definition, the foundation is being laid for substantial value creation. Furthermore, the transition from explorer to developer within one of Australia's most proven mining districts represents a significant opportunity for early-stage investors.
Interested in Capitalising on the Next High-Grade Discovery?
Discovery Alert's proprietary Discovery IQ model delivers instant notifications when ASX companies like Rincon Resources announce significant exploration results, empowering subscribers to identify actionable opportunities before the broader market responds. Begin your 30-day free trial today and discover why major mineral discoveries can generate exceptional returns for positioned investors.
