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Red River Resources Ltd.

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Summary

Project:

Thalanga

Deposit:Liontown East
Location:Australia
Commodities:Copper-Lead-Zinc-Gold-Silver
Date:7/18/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-7-2018: Red River Resources Ltd. announces a Resource Estimation report for its Liontown East deposit at the Thalanga project. Initial resource estimate at Liontown deposit. Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleas
Resources:(Resource, Inf.): 1.515Mt @ 0.5% Cu, 2.5% Pb, 7.3% Zn, 0.7g/t Au, 27g/t Ag at Liontown East
CP/QP:[Resources]: Stuart Hutchin (Mining One Consultants Pty Ltd.)
ABSTRACT:Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to announce a maiden JORC 2012 Mineral Resource estimate for the Liontown East polymetallic massive sulphide deposit of 1.5 Mt @ 12.2 % Zinc Equivalent (refer to Table 1). The Liontown East deposit is located approximately 1km from the Liontown deposit and is located on EPM 14161 (Figure 1). Liontown East was discovered in July 2016 by Red River, when the discovery hole (LTED01), was drilled to test the Liontown East coincident geochemical and geophysical target. The discovery hole LTED01 when it intersected intervals of massive and semi massive sulphides from 452.7m depth (28 July 2016). Since then 37 holes have been completed in and around the deposit with the results successfully defining a mineralised envelope of 250 m in strike length bearing 075° and 480 m down plunge length at 60° to the south east.

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