Alice

For the first time, China has successfully landed an orbital reusable booster at sea.

$RMX has just dropped one of the most strategically positioned tungsten plays on the ASX and the market hasn't even begun to price this in 🚀 Red Mountain Mining has signed an exclusive option agreement over the Pioneer Tungsten Project in the Pioneer Mountains of southwest Montana, USA ....2,000 hectares of ground sitting directly adjacent to claims that Almonty Industries (NASDAQ: $ALM ) snapped up in November 2025. Almonty is a AU$9.2 BILLION market cap tungsten heavyweight, and the deposit they're sitting on.... the Gentung Tungsten Deposit.... hosts a measured, indicated and inferred resource of 6.83Mt @ 0.315% WO3, with a higher grade core of 2.87Mt @ 0.464% WO3 🎯 Almonty has publicly stated they're targeting production readiness at Gentung by H2 2026 with expected output of 140,000 MTUs (1,400t) of WO3 per year. $RMX is literally on their doorstep ⛏️ The Pioneer Tungsten Project comprises three discrete prospects .... Mammoth, Lost Creek and Greenstone.... all sitting along the eastern margin of the Cretaceous Mount Torrey Batholith where the Uphill Creek Granodiorite contacts Snowcrest Range Group limestones. This is the EXACT same geological setting that hosts Almonty's Gentung deposit and the historic Ivanhoe and Lost Creek mines that collectively churned out approximately 680kt of tungsten ore in the 1950s and 1970s 🔥 Massive garnet skarns up to 25m thick, scheelite mineralisation locally assaying over 0.5% WO3, and historical Greenstone drill holes that were mineralised along their ENTIRE lengths returning grades of: 🟢 10.7m at 0.48% WO3 🟢 5.8m at 0.43% WO3 🟢 7.6m at 0.42% WO3 These values and thicknesses are virtually identical to what Almonty has at Gentung, and the geology and drill results suggest mineralisation is open and may extend beyond existing claims 📈 But here's where it gets really interesting. The 2025 USGS airborne magnetic data over the Torrey Batholith reveals shallow magnetic features extending beneath $RMX's Mammoth and Greenstone claims that are remarkably similar to the magnetic signature seen beneath the blind Gentung orebody at ~200m depth. Translation — there's strong potential for concealed, blind tungsten orebodies sitting under $RMX's ground that have NEVER been drill tested 💎 The Mammoth prospect alone includes a 16m adit cutting through 2.5m of scheelite-bearing garnet skarn, and lies within a few hundred metres of the Ivanhoe Tungsten Mine and the northern end of Almonty's claim blocks. Zero drill testing has ever been undertaken on the Mammoth claims. Lost Creek captures I Pit and the southern 75m of H Adit from the historic mine that produced 19kt at 0.18% WO3, with channel samples returning up to 0.55% WO3. Greenstone has a documented skarn dipping at 40° east with potential down-dip extensions concealed by overburden. $RMX anticipates being able to rapidly define high-quality, relatively shallow drill targets following the 30-day due diligence period ⚡ Now zoom out and look at the macro setup. Tungsten is currently trading at near record prices of over US$3,000 (AU$4,200) per MTU of WO3, up sharply from under US$900 at the end of 2025 ..that's more than a 3x move in roughly four months. The driver? China has flipped from being a net exporter to a net importer of tungsten, layered on top of tightening Chinese export controls, the Iran War outbreak disrupting supply chains, and the US Federal Government's Project Vault actively scrambling to secure reliable domestic supply of critical metals 🇺🇸 Tungsten is essential for tungsten carbide cutting and drilling tools across construction, metalworking and mining, plus electronics, aerospace specialty alloys, automotive applications, defence, and as a substitute for lead. Demand isn't going anywhere — and Western supply is structurally short 📊 The strategic kicker ...$RMX's Pioneer Tungsten Project is in Tier-1 mining jurisdiction (Montana, USA), on Bureau of Land Management ground, sitting next to a major global producer that's about to bring production online. Any economic discovery $RMX makes here could be efficiently brought to market and positions the Company perfectly to potentially engage with Almonty as a strategic partner or acquirer down the track 🤝 And Pioneer Tungsten is just one piece of the broader $RMX portfolio. The company is also advancing: ⚡ Armidale Antimony-Gold Project in NSW — high-grade antimony rock chip samples up to 39.3% Sb ⚡ Utah Antimony Project — sitting in the highly prospective Antimony Mining District of Utah, adjacent to ASX: AT4's Antimony Canyon Project ⚡ Thompson Falls Antimony Project — initial rock chip results up to 36.5% Sb at historical mines located near the NYSE: UAMY antimony smelter ⚡ Idaho Antimony Projects Antimony AND tungsten.... two of the most strategically critical metals on every Western government's shortage list, both with structurally constrained supply chains dominated by China, both with US Federal Government actively pushing domestic production 🇺🇸 This is a tightly held nano-cap with a portfolio that punches way above its weight class, drilling targets that can be defined rapidly, near-record commodity tailwinds, a $9B neighbour about to fire up production right next door, and a clear pathway to potential strategic interest. $RMX is exactly the kind of asymmetric setup that speculative capital chases hard when the story breaks wider 🔥 DYOR . NOT A FINANCIAL ADVICE .

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