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Red River Resources Ltd.
Summary
| Project: | Thalanga | |
|---|---|---|
| Deposit: | Far West | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 1/12/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-1-2017: Red River Resources Ltd. announces an Exploration/Drilling Update report for its Far West deposit at the Thalanga project. Drilling results incl. 6.4m @ 0.8% Cu, 1.2% Pb, 4.3% Zn, 0.9g/t Au, 38g/t Ag from 245.2m. Zinc developer Red River Resour | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Tav Bates (Internal) | |
| ABSTRACT: | Zinc developer Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to announce further high-grade assay results from its ongoing drilling program at Thalanga Far West, part of the Thalanga Zinc Project in north Queensland. TH698 has intersected two zones of massive sulphide mineralisation. Zone 1 – 14.8m thickness from 424.8m downhole and Zone 2 – 18.3m thickness from 452.7m downhole, for a total thickness of 33.1m of massive sulphide mineralisation. Assay results are pending. Red River has received assay results for TH695, TH696, and TH697 from the ongoing Far West infill and resource extension drilling program. No significant mineralisation was intercepted in TH696. Drilling continues at Far West with TH705 and TH706 in progress. Red River’s Managing Director Mel Palancian commented: “To date, this is largest intercept of massive sulphide mineralisation intersected by Red River at Far West. “The exceptional thickness of massive sulphide mineralisation intersected appears to be linked to the presence of a feeder zone in the footwall to the mineralisation. This augurs well for further drilling in this area of Far West.” | |
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