Redstone Resources (RDS) is drilling magnetic targets near BHP's Nebo-Babel in West Musgrave, aiming to expand the Tollu copper resource. Alpha Score 75 for BHP.
Redstone Resources (ASX: RDS) is testing magnetic and structural targets at its West Musgrave copper project in Western Australia, with reverse-circulation drilling planned near the existing Tollu deposit to expand the maiden resource.
The Perth-based explorer holds a 100% interest in the project, located about 40km east of BHP's large Nebo-Babel nickel-copper deposit. BHP's Alpha Score is 75, classified as Strong in AlphaScala's proprietary scoring.
Redstone said the drilling will target deeper structural extensions of the Tollu mineralisation, which already carries a JORC resource. The company is also evaluating geophysical anomalies across its broader West Musgrave tenure for copper and nickel sulphide systems.
The program is supported by a Western Australian state exploration grant. Redstone has additional early-stage projects in Canada and Western Australia, but the core focus remains the West Musgrave copper project.
Copper demand continues to be driven by electrification and clean-energy infrastructure, putting pressure on explorers to find new sources. The proximity to BHP's Nebo-Babel deposit – one of Australia's largest undeveloped nickel-copper discoveries – gives the project a strategic footing in the same geological belt.
Redstone's next milestone is the completion of the RC drilling program, with results expected in the coming months.
Prepared with AlphaScala editorial tooling from the source reporting linked above. Indexable analysis may include a cited Alpha Score value. Publishing checks screen each story before release. Educational coverage, not personalized advice.