Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to report improved operating performance from its Thalanga Operation during the June quarter.
• Record tonnes mined from West 45 up 29% from Q3
• Zinc concentrate production up 24% from Q3
• Lead concentrate production up 36% from Q3
Red River ended the quarter with a cash balance of A$20.2m; an increase of A$2.7m from 31 March 2018 and has no debt. Red River invested substantially in exploration and capital development at West 45 and commenced mining at Far West during the quarter.
Strong exploration results were also announced from the Liontown East Project as Red River moves towards the declaration of a maiden Liontown East JORC Mineral Resource.
The Company will release the full June 2018 Quarterly Report before the end of July 2018.
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