For thousands of other reports visit RSC's Mineral Intellingence Map
Red River Resources Ltd.
Summary
| Project: | Thalanga | |
|---|---|---|
| Deposit: | Liontown East | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 10/11/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 11-10-2016: Red River Resources Ltd. announces an Exploration/Drilling Update report for its Liontown East deposit at the Thalanga project. Drilling results incl. 5.4m @ 7.4% ZnEq from 419.6m. Zinc developer Red River Resources Limited (ASX: RVR) (“Red Ri | |
| 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”) advises that the third drill hole at Liontown East (LTED03) has been completed as part of the high impact exploration program at its Thalanga Zinc Project in Queensland. Gap GeoPhysics has completed the Down Hole Electromagnetic (DHEM) and Down Hole MagnetoMetric Resistivity (DHMMR) survey program at Liontown East. The data has been modelled by Mitre Geophysics (Mitre) and confirms the presence of two targets, with a response from both DHEM and DMMR surveys. Work has commenced on drill designs to test the DHEM and DHMMR targets modelled by Mitre. Red River’s Managing Director Mel Palancian commented: “We have successfully completed the third hole (LTED03) at Liontown and intersected high-grade mineralisation (3.9m @ 9.0% Zn Eq).” “In combination with the completion of the downhole DHEM and DHMMR surveys, and the successful modelling completed by Mitre Geophysics, this is starting to give us a better understanding of the size and orientation of the mineralisation at Liontown East.” “We have commenced the design of additional drillholes at Liontown East to target the modelled DHEM and DHMMR anomalies and to start to extend the size of the mineralised zone.” The third diamond drill hole (LTED03) has been completed at the Liontown East target. LTED03 intersected the target horizon 50m east of, and 65m up dip of LTED01. LTED03 intersected a zone of massive and semi-massive sulphides from 419.6m to 425.0m down hole. The core was logged and sent for assay, and the assay results are reported in Table 1 below. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report