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Redhill begins further mapping, sampling campaign at Honey Comb Hills

|Includes: RMR Hospitality and Real Estate Fund (RHR)

Redhill Resources (CVE:RHR) announced Friday it has launched an additional mapping and sampling campaign at its wholly owned Honey Comb Hills property in Juab County, Utah.

The program will follow up on previous mapping and sampling of the area, located approximately 2.5 hours southwest of Salt Lake City.

Assays reported from the site found up to 1,043 parts per million (ppm) of total rare earth oxides (REOs). Also reported were 1,690 ppm lithium, more than 1,000 ppm beryllium and 1,270 ppm rubidium.

Detailed mapping showed an anomalous area measuring 500 metres by 1,000 metres, with a satellite anomalous area measuring 500 square metres, the company said.

The ongoing program will include an extensive soil sampling grid to possibly outline anomalous areas under shallow cover.
The Honey Comb property shows strong rare earth, lithium, beryllium and rubidium mineralization.

Redhill, whose stock on the TSX Venture Exchange hiked 7.14% on Friday afternoon, trading at $0.075 per share, is particularly confident in its Honey Comb Hills location, for it is in close proximity to other, highly productive mines, like the Spor Mountain Mine.

Spor is owned by Brush Engineered Metals, which produces about 48,000 tonnes of bertrandite ore, grading 0.35% beryllium, each year.