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Red River Resources well-funded to progress further development at Thalanga and Hillgrove operations Red River sold 6,700 DMT zinc concentrate, 1,484 DMT lead concentrate and 3,025 DMT copper concentrate during the March quarter. Red River’s Thalanga Operation is 65 kilometres southwest of Charters Towers in North Queensland. Red River Resources Ltd (ASX:RVR) (FRA:R1R) generated $26 million in revenue during the March quarter with $25.4 million from base metal concentrate sales at the Thalanga Project in Queensland and $600,000 from the new Hillgrove Gold Mine in New South Wales and is well-funded for further development at both. The company has started processing data received from a microgravity survey at Thalanga, where Red River is targeting Thalanga-style volcanic-hosted massive sulphide (VMS) deposits along the southern side of the Thalanga Range to the west of the Thalanga mine. ....
Red River Resources Ltd ramps up exploration around Thalanga operations targeting copper-rich mineralisation proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.