Red River’s reverse circulation (RC) drill program aims to identify high-grade bulk tonnage shoots of gold- bearing quartz veins that can be trucked to and processed at Thalanga. RVR designed 33 RC holes to be drilled at the New Homestead, the Don and Toomba prospects to quickly assess the most prospective portions of lodes. To date, 10 RC drill holes (958 metres drilled) at the New Homestead prospect and 10 RC holes (910 metres drilled) at the Don prospect have been completed. Initial assay results are expected in 3-4 weeks.
RVR Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
