Hillside Project

Rex's Hillside Project is situated 12km south of the township of Ardrossan on the Yorke Peninsula, South Australia. Copper-gold mineralisation was first discovered at the Hillside Project by Rex in 2008, and the Company subsequently raised the funds required to drill out the deposit. The Company rapidly progressed the Project and completed a Feasibility Study in 2015 and a costing update to the Feasibility Study was completed in 2020. The Mineral Lease for the Project was granted in 2014 and the Program for Environment Protection and Rehabilitation (PEPR) was approved in 2020.

Hog Ranch Property

Rex announced in August 2019 that it had completed the acquisition of the Hog Ranch Gold Property in Nevada, USA. The Rex Board considers that this investment into highly prospective gold mining claims in a mining friendly jurisdiction is an attractive, strategic fit with our flagship asset, the Hillside Copper-Gold Project in South Australia. It immediately diversifies the Company's commodity spread and geographical spread. This investment offers Rex shareholders immediate exposure to the gold sector in one of the world's most well-endowed gold regions. The Hog Ranch Gold Property provides camp-scale opportunities for small and large low-grade surface gold projects in addition to exciting high-grade underground epithermal gold deposits.

Rex released its Maiden Mineral Resource for the Hog Ranch Gold Property on 2 September 2019. A copy of the Mineral Resource can be found here or on the Investors page, along with copies of all relevant ASX Announcements.

On 12 May 2020, Rex announced a Mineral Resource update for the Hog Ranch Gold Property with an increase in Gold Ounces to 1.4Mozs. A copy of the Mineral Resource update can be found here.

On 9 June 2020, Rex announced a Scoping Study for the Bells Project located at the southern end of the broader Hog Ranch Gold Property. A copy of the Bells Scoping Study can be found here.

On 23 March 2021, Rex announced a Mineral Resource update for the Hog Ranch Gold Property with an increase in Gold Ounces from 1.4Mozs to 2.2Mozs. A copy of the Mineral Resource update can be found here.