In this ASX small-cap analysis, James Whelan and Redstone Resources geologist Greg Shirtliff unpack the latest Tollu drill results from Western Australia. The deep diamond hole beneath Tollu encountered high-grade copper in quartz veins and, importantly, the presence of gabbro below the deposit, suggesting a potential magmatic copper-nickel-cobalt system similar to Nebo Babel and Voices Bay. The discussion covers why the gabbro host and associated chlorite alteration matter, what the cobalt signature could mean, and how these results could expand Tollu’s prospectivity beyond the currently defined copper zone.

Timestamps:

00:00 Intro and scene-setting

01:00 Meet Greg Shirtliff and Tollu drilling aim

02:30 Deep results highlight copper zones and a gabbro hit

04:15 Why the gabbro matters for Tollu and regional deposits

05:45 Cobalt signal and what it could indicate

07:15 Structural interpretation and potential extensions

08:45 Tollu in the Nebo Babel/Voices Bay context

10:15 Next steps and planned drilling

11:45 Government co-funded grants and timelines

13:30 Regional prospectivity and eastern magnetic intrusions

15:15 Takeaways for investors and shareholders

16:30 Stay tuned for updates and closing thoughts

Stay tuned for further updates as Redstone advances Tollu and nearby targets. If you want the latest on Redstone Resources and other ASX explorers, hit subscribe and turn on notifications to catch our next analysis.

⚠️ IMPORTANT DISCLAIMER: This content is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research and consider seeking advice from a qualified financial advisor before making investment decisions. The creator may hold positions in securities discussed.

📌 Articles:

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https://smallcaps.com.au/galan-acquire-james-bay-lithium-projects-joint-venture-redstone-resources

https://smallcaps.com.au/redstone-resources-pulls-up-95m-thick-copper-intersection-musgrave

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https://smallcaps.com.au/stocks/asx-rds/

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