Ann: First Zinc Concentrate Deliveries from Thalanga, page-2

• First delivery of zinc concentrate completed from Thalanga Mine one month after commencement of processing

• Zinc price at a 10-year high of US$1.50/lb • Marks the commencement of continuous deliveries of zinc concentrate

• First delivery of lead concentrate to be made shortly, with copper concentrate to follow

• Rapid payment terms provide imminent cash flow for Red River

• Red River has no debt and $15.6m cash at bank

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