found this article while doing my research
http://www.abnnewswire.net/press/en/61937/Red_River_Resources_Limited_%28ASX:RVR%29_Plans_Drilling_For_East_Kirup_Lithium_Tantalite_Tin_Prospect.html
Red River Resources Limited (ASX:RVR) Plans Drilling For East Kirup Lithium-Tantalite-Tin Prospect
Red River Resources Limited (ASX:RVR)
Red River Resources Limited (ASX:RVR)
Red River Resources Limited (ASX:RVR) Plans Drilling For East Kirup Lithium-Tantalite-Tin Prospect
Perth, Dec 14, 2009 (ABN Newswire) - Subsequent to the termination of the joint venture with Ord River Diamonds, 100% ownership of the East Kirup lithium-tantalite-tin exploration prospect has reverted to Red River Resources Limited ( ASX:RVR). As a consequence Red River is now planning to carry out a 6,000m program at East Kirup during February-March 2010.
The East Kirup prospect is a lithium-tantalum-tin geochemical anomaly 4km long by up to 1.5km wide that occurs in E70/2435 and which is situated 20km north-northwestward on structural geological trend from the Greenbushes lithium-tantalite-tin mine. The Greenbushes mine is a world class deposit that contains Total Measured, Indicated and Inferred Resources of 25.2 million tonnes of 3.6% Li2O (Talison Lithium Prospectus, 2009) as well as substantial associated tantalite-tin mineralisation. Geochemical sampling carried out by Red River has delineated widespread geochemically anomalous lithium, tantalite and tin over the East Kirup prospect area which is interpreted as a mineralised halo over better mineralisation at depth. The forthcoming drill program is designed to test that concept and is likely to be followed by a program of deeper drilling.
For the complete Red River Resources ASX Announcement and Figures, please click the link below:
http://www.abnnewswire.net/media/en/docs/61937-ASX-RVR-473976.pdf
Link: http://www.abnnewswire.net/media/en/docs/61937-ASX-RVR-473976.pdf
About Red River Resources Limited
Red River Resources is focussed on iron ore exploration in areas of good infrastructure. The aim of the company is to quickly delineate economic iron ore deposits and bring them in to production. The Blythe project area also holds copper, zinc and tin prospectivity. Red River also holds the East Kirup tantalite/tin prospect, north of Greenbushes in the south west of Western Australia and can earn equity in the Bungalow Well uranium prospect in the Eastern Goldfields region of Western Australia.
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