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Red Bird Gold Project

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SQX Resources (ASX:SQX) jumps 13% with Red Bird drilling and fresh funding in focus

SQX Resources Limited rose 13.04% to A$0.052 on October 5 after completing a A$2.47 million entitlement offer. Strong maiden drilling at Arizona’s Red Bird Gold Project has established the geological case, but the next phase must convert exploration success into a defined resource while the larger share base raises the bar for value creation.