RVR $0.250 ( %)
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Tier One: Acquisition, development and production achieved at Thalanga, Qld
Red River Resources set out to acquire and develop operation assets to generate superior financial returns within a five-year timeline. It has achieved this by restarting zinc, copper and lead production at the Thalanga Zinc Project, Queensland, with concentrate production resuming in September 2017, ahead of schedule and under budget, and offtake agreements in place for the zinc, copper and lead concentrates produced at Thalanga.
Tier Two: Generating targets to discover the next generation of deposits
Red River Resources holds 420km2 in the highly prospective Mt Windsor Belt and is using its knowledge of the area and investing in regional exploration to find the next generation of deposits. Early success of this program was demonstrated by the Liontown East discovery. It has identified new targets at Thalanga, Highway-Reward, Liontown, Waterloo and Ermine prospect areas.
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