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Red River Resources Ltd.
Summary
| Project: | Thalanga | |
|---|---|---|
| Deposit: | Far West | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 10/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-10-2016: Red River Resources Ltd. announces an Exploration/Drilling Update report for its Far West deposit at the Thalanga project. Drilling results incl. 6.6m @ 2.4% Cu, 5.8% Pb, 12.5% Zn, 0.6g/t Au, 113g/t Ag from 207.0m. Zinc developer Red River Res | |
| 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 provide details on its exploration activities at Thalanga Far West, part of the Thalanga Zinc Project in Queensland. TH684, the seventh hole completed in the program, is in progress. Assay results are pending from TH682 and H683. Red River’s Managing Director Mel Palancian commented: “It is pleasing to see continued high-grade mineralisation over good widths from our Far West infill program. Thalanga Far West will be the second deposit mined after West 45, and the continued excellent results demonstrate the potential of Far West and are indicative of the potential remaining within the Thalanga system (West 45, Far West, Thalanga, Far East and Orient) for additional discoveries of high grade polymetallic mineralisation”. To date, six diamond drill holes (TH678 to 683), have successfully intersected massive and semi-massive sulphide mineralisation in the current round of infill drilling at Far West. The seventh hole in the program (TH684) is in progress. To date, assay results have been received for TH678 – TH681 (refer to Table 1). Design work will be commencing on an exploration program at Far West, to target the Exploration Target Area in Upper Far West (Figure 1) with a view to extending the known mineralisation into this area. This program will commence on completion of the current round of infill drilling. | |
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