| Announcement Date: | 2021-12-20 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Red River Resources Ltd. |
| Project name: | Hillgrove |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 19.7m @ 2.0g/t Au from 221.5m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Red River Resources Limited (ASX: RVR) is pleased to announce results of five holes from its drill program at the Hillgrove Gold project in NSW. The planned drilling program at Eleanora-Garibaldi has been completed and the deposit remains open; drilling at Sunlight and Cosmopolitan is continuing. A further nine holes have been completed and are awaiting assays; results will be announced when they are received. The high-grade intercepts within broader mineralised zones are encouraging and continue to build confidence to transition Hillgrove from a historical narrow vein project into a larger-scale gold operation. A significant tungsten intercept adjacent to Sunlight (SUN057) highlights the potential for additional value adding metals. Hillgrove has an existing JORC 2012 Mineral Resource of 7.23Mt @ 4.5 g/t Au & 1.2% Sb (1,037koz contained Au & 90kt contained Sb) and RVR continues build this resource for a larger-scale, longer life mining operation. |
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