Red River receives encouraging gold results from Thalanga drilling
Highlights:
• Assay results received from RC drilling completed at the Don (10 holes for 910m) and New Homestead (10 holes for 958m) gold targets
• Strong results received from the Don prospect with high-grade gold mineralisation intersected in Main Vein
• Material intersections include:
DNRC001 intersected 1.0m @ 28.0 g/t Au from 34.0m down hole
DNRC002 intersected 6.0m @ 2.2 g/t Au from 77.0m down hole including 1.0m @ 6.4 g/t Au from 78.0m down hole; and
DNRC003 intersected 4.0m @ 2.0 g/t Au from 40.0m down hole including 1.0m @ 4.7 g/t Au from 41.0m downhole
• First-pass RC drilling will be undertaken next at the Toomba gold prospect (early May)
• Red River aims to build exposure to gold across its Thalanga Operations in Queensland
RVR Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
