High-Grade Tungsten Mineralisation Identified at Blue
| Stock | RRE.ASX (RRE.ASX) |
|---|---|
| Release Time | 21 May 2026, 6:27 p.m. |
| Price Sensitive | Yes |
High-Grade Tungsten Mineralisation Identified at Blue Prospect
- Up to 4.3% WO3 tungsten grades from rock samples
- 2.1 km x 1.8 km soil anomaly defined
- Multiple tungsten minerals confirmed including scheelite
- Independent verification by CODES researchers
- Tungsten a critical mineral with strategic importance
Right Resources Limited has reported significant assay results from the Blue Prospect, located on exploration licence EL9028 near Tumbarumba, New South Wales. The results confirm the presence of high-grade tungsten mineralisation with rock chip samples returning grades of up to 4.3% WO3. A 2.1 km x 1.8 km multi-element soil anomaly, enriched in tungsten, bismuth, and molybdenum, has been defined through systematic pXRF soil sampling. The anomaly remains open in all directions and is interpreted to extend onto EL9889. Multiple tungsten minerals, including scheelite and wolframite, have been confirmed in outcrop, with additional tungsten oxide minerals identified from field observations. Scheelite was independently verified by CODES researchers during a February 2026 site visit. The discovery was made through the application of the Company's RIRGS exploration model, developed in collaboration with CODES. Initial CODES analysis is being received and will be released to the market following review. The Company plans to continue systematic soil sampling and geological mapping, collect additional outcrop samples for metallurgical testwork, and progress permitting for drill testing of the Blue Prospect system.