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Red River Reports More Assays from Thalanga Zinc Project

Charlotte McLeod
Jan. 11, 2016 10:39AM PST
Base Metals Investing

Red River Resources Ltd. (ASX:RVR) released assay results from holes TH670 and TH671, located at the Far West up-dip extension target at its Queensland-based Thalanga zinc project.

Red River Resources Ltd. (ASX:RVR) released assay results from holes TH670 and TH671, located at the Far West up-dip extension target at its Queensland-based Thalanga zinc project.
Highlights include:

  • Assay results confirm the presence of high grade massive sulphide mineralisation (up to 33.3% Zn Eq.)
  • TH670 intersected 2.8m @ 2.4% Cu, 2.8% Pb, 6.9% Zn, 95g/t Ag & 0.4g/t Au (19.9% Zn Eq.)
  • TH671 intersected 2.6m @ 1.6% Cu, 3.5% Pb, 10.6% Zn, 91 g/t Ag & 0.4 g/t Au (21.4% Zn Eq.)
  • Results will form part of maiden Far West Up Dip Extension JORC Resource estimate
  • Drilling has restarted at Far West Up Dip Extension target – drill hole TH672 commences today

Mel Palancian, managing director of Red River, commented:

These high grade intersections are exactly what we were looking for from the Far West Uppers. Definition of additional resources in the Far West Up Dip Extension is likely to have a strongly positive impact on the overall economics of the Thalanga Zinc Project. These results will from part of ongoing work to estimate a maiden JORC Resource for this area.

Click here to read the full Red River Resources Ltd. (ASX:RVR) press release.

 

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