Sydney, Aug. 18, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the…
Red River Resources reveals multiple large silver-indium targets at Orient Project
Two surveying techniques were utilised to analyse the ground at Orient, identifying and extending the structures of known mineralisation at the polymetallic asset. Red River has identified a suite of silver-indium targets at its Orient Project in North Queensland.
Red River Resources Limited s (ASX:RVR) drone magnetics and induced polarisation survey at the Orient Project near Herberton in North Queensland has identified multiple large silver-indium targets.
Broadly, the surveys aimed to map and target mineralised structures at Orient beyond those already known to the company, improving targeting for future drilling at the polymetallic asset.
Red River Resources extends Glencore relationship by securing Hillgrove offtake deal
This arrangement will see Red River sell 100% of gold concentrate produced at Hillgrove to Glencore, which is also the company’s copper offtake partner at the Thalanga operations. Loading of the first truck with gold concentrate at the Hillgrove mine in northern NSW.
Red River Resources Limited (ASX:RVR) (FRA:R1R) has received a further boost at the restarted Hillgrove Gold Mine in northern NSW by signing an offtake agreement with leading global commodity producer and trader Glencore International AG.
This agreement covers gold concentrate produced from Hillgrove’s Bakers Creek stockpile and extends a positive relationship the company has established with Glencore PLC (LON:GLEN).