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Red River Resources Ltd.
Summary
| Project: | Hillgrove | |
|---|---|---|
| Deposit: | Sunlight Lode | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Antimony | |
| Date: | 9/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 18-9-2019: Red River Resources Ltd. announces an Exploration/Drilling Update report for its Sunlight Lode deposit at the Hillgrove project. Drilling results incl. 22.95m @ 4.5g/t Au from 392.65m. Red River Resources Limited (ASX: RVR), is pleased to repor | |
| Resources: | (Resource, Total): 680Kt @ 8.0g/t Au, 0.3% Sb at Sunlight Lode | |
| CP/QP: | [Overall Report]: Mitchell Tarrant (Internal) | |
| ABSTRACT: | Red River Resources Limited (ASX: RVR), is pleased to report high-grade sampling results and initial metallurgical test work results from the Sunlight Lode, part of the Company’s Hillgrove Gold-Antimony Project in New South Wales. The Hillgrove Project is about 30km from Armidale in New South Wales. The site includes a 250ktpa capacity processing plant currently on active care & maintenance, comprising a selective flotation circuit (capable of producing antimony-gold and refractory gold concentrates), an antimony leach/electrowinning (EW)/refining & casting plant, a gold cyanide leach circuit & gold room and a pressure oxidation circuit. The Sunlight Lode system was sampled in Sunlight Cross Cut 2 where it is exposed (area of historic mining in the upper levels of the Sunlight Lode). Abundant visible gold was noted in the sampling, with a peak assay of 0.95m @ 130 g/t Au recorded. A 20kg bulk sample was taken and submitted to Consep Pty Ltd. for metallurgical testwork (to enable modelling of a gravity circuit) in September 2017. The Sunlight Lode bulk sample had a calculated head grade of 122 g/t Au with 84.2% of gold present as gravity recoverable gold (GRG). | |
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