Update on Saint-Sophie Project & Establishment of EBT

Summary by AI BETAClose X

Richmond Hill Resources PLC has commenced exploration at its Saint-Sophie Copper Project in Quebec, engaging IOS Services Géoscientifiques Inc. to manage a 6.7 km² IP survey over priority areas, aiming to identify targets for 2026 fieldwork and potential drilling. The company is also establishing an Employee Benefit Trust, which is expected to hold no more than 10% of the issued share capital. The CEO highlighted the project's significant potential, supported by historical grades and positive copper market fundamentals.

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