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7.3¢ red river resources limited

Ann: RVR receives encouraging gold results from Thalanga drilling, page-4

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Sweetsound

8,253 Posts.

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26/04/21

10:29

Post #: 52717052
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Originally posted by Theabyss: ↑

Well they found some.

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

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Yes they have and more to come from the region - but as is customary with any good RVR announcement, very subdued or 'meh' market reaction follows. Were this DEG we'd be up 30%. Perhaps a namechange incorporating gold??

RVR Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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