For thousands of other reports visit RSC's Mineral Intellingence Map
Red River Resources Ltd.
Summary
| Project: | Thalanga | |
|---|---|---|
| Deposit: | West 45 | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 7/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-7-2017: Red River Resources Ltd. announces an Exploration/Drilling Update report for its West 45 deposit at the Thalanga project. Drilling results incl. 4.0m @ 0.5% Cu, 4.7% Pb, 9.9% Zn, 0.2g/t Au, 45g/t Ag from 62.0m. Near-term zinc producer Red River | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alex Nichol (Internal) | |
| ABSTRACT: | Near-term zinc producer Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to announce assay results from a resource extension drilling program at West 45, part of its Thalanga Zinc Project in Queensland. TH729, TH733 and TH735 have been completed and have been submitted for assay, with TH737 and TH738 in progress. TH729 intersected 4.0m of stringer and semi-massive sulphide mineralisation. TH733 intersected 3.8m of massive and stringer pyrite from 61.8m downhole. The drilling is part of an ongoing extension program at West 45 to test the potential to extend the known resource and reserves. West 45 is the first deposit to be mined at Thalanga as part of the project restart, with development ore being delivered to the ROM pad in preparation for commercial production in Q4 CY2017. The drilling is part of a resource extension program at West 45. The results from this program will optimise the West 45 mine design to increase tonnage mined from West 45, allowing Red River to capture significantly more value from the current and forecast high zinc prices. The Thalanga Zinc Project is forecast to restart commercial production in Q4 CY2017, with the Thalanga Plant commencing commissioning activities in Q3 CY2017. | |
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