Broad Broken Hill Type Mineralisation Intersected

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Stock Red Hill Minerals Ltd (RHI.ASX)
Release Time 22 Jan 2026, 10:56 a.m.
Price Sensitive Yes
 Broad Broken Hill Type Mineralisation Intersected
Key Points
  • Assays received from maiden diamond drilling program at Broken Hill Project
  • Encouraging results at Dementus Target with broad lead-dominant BHT mineralisation
  • Follow-up exploration planned at Dementus Target with high-resolution gravity and AMT surveys
Full Summary

Red Hill Minerals Limited (ASX: RHI) is pleased to report the results of its maiden diamond drill program at the Broken Hill Project in New South Wales. The Broken Hill Project forms part of the Company's Curnamona Earn-In Joint Venture with Peel Mining Limited (ASX: PEX) in the Curnamona Province, which has Tier 1 potential for lead-zinc-silver deposits undercover on the Mundi Mundi Plains. Assays have been received from a five-hole, 3,734-metre diamond drilling greenfields exploration program targeting prospective stratigraphic horizons and associated lead-zinc-silver BHT mineralisation. At the Dementus Target, drillhole 25DMDD001 intersected broad lead-dominant BHT mineralisation within stacked lode horizons, including 91.1 metres at 0.1% lead and 0.3 g/t silver from 328 metres. The presence of lead-dominant sulphide mineralogy, classic BHT textures, encouraging alteration index geochemistry, and the broad width of the sequence confirm the significant exploration potential of the Dementus Target. Assays from the Woolly, Immortan, and K1 targets also returned encouraging results. Red Hill plans to prioritize follow-up exploration work at the Dementus Target, with high-resolution gravity and Audio-magnetotelluric (AMT) surveys scheduled to commence in February.

Outlook

Red Hill is prioritizing follow-up exploration work at the Dementus Target, where lead-dominant sulphide assemblages and strong BHT alteration may indicate proximity to a vent source in the Lower Broken Hill Group. High-resolution gravity and AMT surveys are scheduled to commence in February to assist with vectoring in on structures interpreted to be proximal to higher-grade mineralisation.