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Red River Resources Ltd.
Summary
| Project: | Thalanga | |
|---|---|---|
| Deposit: | Far West | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 12/11/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-12-2018: Red River Resources Ltd. announces an Exploration/Drilling Update report for its Far West deposit at the Thalanga project. Drilling results incl. 13.45m @ 0.2g/t Au, 77g/t Ag, 6.3% Zn, 2.0% Pb, 1.3% Cu from 193.40m. Red River Managing Director | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Steven Harper (Internal) | |
| ABSTRACT: | Red River Managing Director Mel Palancian said: “The Far West deposit will extend production at Thalanga Operations for at least the next five years. Production from Far West is on track to start in Q1 2019 and we are planning further drilling to target extensions of the high-grade mineralisation in early 2019” To date, over 660m of lateral development has been completed in Far West, including 552m of total decline development. The decline is currently at 90m vertical depth and at the 920 ore drive cross-cut access. The raise-borer has been mobilised to site to commence the Far West return air rise and second means of egress with completion and ventilation fan installation expected in the March quarter 2019. The current Far West drilling program has been completed, with the drill rig stood down for the wet season. This program consisted of 11 holes completed for a total of 1,568 metres. The program objective was to target extensions to the Far West mineralisation outside of the currently designed stoping blocks. The program was a success, with the following material intersections returned (Table 1). | |
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