Reach Resources (ASX:RR1) strikes gold again: Murchison South delivers strong validation

Reach Resources (ASX:RR1) strikes gold again: Murchison South delivers strong validation

March 3, 2025 Off By MarketOpen

Junior explorers live and die by the drill bit, and for Reach Resources (ASX:RR1), the latest results from its Murchison South gold project in Western Australia suggest the company is on a winning streak.

In a sector where continuity is king, Reach has delivered a rare feat—all 14 drill holes in its latest campaign intersected gold mineralisation, reinforcing confidence in its resource model.

“These results give us and Mining Plus confidence in the mineralisation model and the ability to continue moving towards development,” said Reach Resources CEO Jeremy Bower.

High-Grade Hits and Strong Continuity

With historical data often serving as a mixed bag in exploration, the confirmation of past intercepts is a significant milestone. Key results from the latest program include:

  • 41m @ 2.01 g/t from surface, including 5m @ 10.01 g/t from 36m (Hole 1)
  • 22m @ 0.70 g/t from 33m, including 10m @ 1.05 g/t (Hole 2)
  • 9m @ 1.32 g/t from 50m, including 1m @ 6.59 g/t (Hole 3)

Even more compelling are the historic intercepts that remain open for further testing, such as:

  • 2m @ 50.5 g/t from 22m (Hole 49)
  • 3m @ 92.1 g/t from 41m, including 1m @ 271 g/t (Hole 120)

Pathway to Development

Reach has no intention of sitting on these numbers.

Mining Plus is now incorporating the latest results into pit optimisation studies, assessing high-grade zones that could underpin future mining operations.

Additionally, samples will undergo metallurgical testing to gauge potential gold recoveries, a crucial step in assessing commercial viability.

Why It Matters

Explorers come and go, but few deliver sustained positive momentum.

Reach Resources is building a case for Murchison South as a project with real development potential—shallow, high-grade mineralisation in a proven gold district.

As the company moves towards resource expansion and economic modelling, these latest results put it in a stronger position to transition from explorer to developer.

For gold bulls and investors seeking junior explorers with a clear path forward, Reach Resources is one to watch.

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