Red Mountain Mining acquires 87 claims in Utah Antimony Project

Core Insights - Red Mountain Mining has acquired 87 claims in the Utah Antimony Project, emphasizing its focus on gold and critical minerals [1][5] - The acquisition cost was A$138,000 (approximately $91,212.2), fully funded from the company's internal cash reserves [1] - The project is strategically located 11km east of Antimony, Utah, and was secured through direct staking with the US Bureau of Land Management [1] Exploration Plans - The initial exploration program aims to map undercover extensions of north-south structures associated with antimony mineralization at Antimony Canyon and Dry Wash Canyon [2] - A desktop study is currently assessing available magnetic and topographic data, which may be enhanced by high-resolution drone magnetics and surface reconnaissance mapping [2] - Preliminary work will help define areas for more intensive follow-up studies, including ground electromagnetics to detect sulphide mineralization beneath shallow cover [3] Strategic Alignment - The Utah Antimony Project aligns with the US Government's initiative to secure critical mineral supply chains and build domestic supply rapidly [4] - The project is adjacent to Trigg Minerals' Antimony Canyon Project, which is positioned to become a significant domestic producer of antimony for the US market [5] - Red Mountain Mining boasts an experienced US-based technical team, enhancing its capability to advance the Utah Antimony Project [5]