For thousands of other reports visit RSC's Mineral Intellingence Map
Red River Resources Ltd.
Summary
| Project: | Thalanga | |
|---|---|---|
| Deposit: | Liontown Gap | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 9/11/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-9-2018: Red River Resources Ltd. announces an Exploration/Drilling Update report for its Liontown Gap deposit at the Thalanga project. Drilling results incl. 2.6m @ 15.3g/t Au, 43g/t Ag, 2.8% Cu, 4.5% Zn, 8.2% Zn from 236.30m. Red River Resources Limit | |
| Resources: | (Resource, Total): 3.553Mt @ 0.5% Cu, 2.0% Pb, 5.7% Zn, 0.8g/t Au, 27g/t Ag | |
| CP/QP: | [Overall Report]: Steven Harper (Internal) | |
| ABSTRACT: | Red River Resources Limited (ASX: RVR), is pleased to report further high-grade assay results from drilling at the Liontown Project, part of the Company’s Thalanga Operations in Northern Queensland. The Liontown Project comprises the significant deposits at Liontown and Liontown East which have a total Mineral Resource of 3.6Mt at 10.0% Zinc Equivalent. Red River commenced drilling in the gap area between the two deposits (“Liontown Gap”) following the completion of drilling for the maiden Liontown East Mineral Resource (1.5Mt at 12.2% Zinc Eq.). Drilling has returned exceptional intercepts of gold-rich polymetallic mineralisation, demonstrating continuity between the Liontown and Liontown East Mineral Resources. Highlights include Results to date provide confidence in the historical drill results and confirm the high grade, gold-rich nature of the Carrington Lode mineralisation. The drilling supports potential strike extensions of the known Liontown Mineral Resource of more than 500m and ultimately to link the Liontown and Liontown East Mineral Resources. Red River plans to continue drilling the Liontown Gap area with the objective of continuing to define gold-rich polymetallic mineralisation to extend the Liontown Mineral Resource into this area. | |
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