Red River Resources currently holds approximately 600 km2 of exploration tenements in the highly prospective Cambro-Ordovician Mt Windsor Volcanic Belt located in Northern Queensland.

The Mt Windor Volcanic Belt is approximately 165km long and up to 10km wide and host a number of poly metallic base metal deposits at the contact between the Mt Windsor Volcanics and the Trooper Creek Formation (Thalanga Deposit) and also in the Trooper Creek Formation (Liontown Deposit).

 

Polymetallic VHMS (volcanic-hosted massive sulphide) deposits of Mt Windsor Belt

Deposit

Mineral Resource

Historic Production

Host Rocks

Deposit Morphology

Thalanga

(inc. Thalanga, Far West, West 45 and Orient)

2.8Mt @1.3% Cu, 2.4% Pb, 7.2% Zn, 0.2 g/t Au & 59 g/t Ag (15.1% Zn Eq.) [1]

4.7Mt @ 1.9% Cu, 2.6% Pb, 8.3% Zn, 0.5 g/t Au & 71 g/t Ag [2]

Occurs at the contact between rhyolite of the Mount Windsor Volcanics and dacite to andesite of the Trooper Creek Formation

Stratiform tabular geometry underlain by disseminated stringer mineralisation and stockworks

0.6Mt @ 1.6% Cu, 1.6% Pb, 5.0% Zn [3]

0.6Mt @ 0.5% Cu, 2.6% Pb, 5.1% Zn, 0.2 g/t Au & 46g/t Ag (10.1% Zn Eq.) [4]

Liontown

3.6Mt @ 0.5% Cu, 2.0% Pb, 5.7% Zn, 0.8 g/t Au & 27 g/t Ag (10.0% Zn Eq.) [1]

Mined from 1905-1911 and in the mid 1950s

Occurs within dacite to andesite of the Trooper Creek Formation

Tabular bodies

Waterloo

0.7Mt @ 1.9% Cu, 1.6% Pb, 11.0% Zn, 0.9 g/t Au & 44 g/t Ag (19.1% Zn Eq.) [1]

-

Occurs within dacite to andesite of the Trooper Creek Formation

Lens shaped tabular body

Magpie

0.25Mt @ 1.2% Cu, 1.7% Pb, 8.3% Zn, 0.2 g/t Au & 37 g/t Ag [6]

-

Occurs within dacite to andesite of the Trooper Creek Formation

Lens shaped tabular body

Highway-Reward

-

3.8Mt @ 6.2% Cu & 1 g/t Au[5]

Occur within rhyolite, dacite of the Trooper Creek Formation

Pipe like bodies

Handcuff

1Mt @ 0.4% Cu, 0.2% Pb, 7.4% Zn, 0.2 g/t Au & 9 g/t Ag [6]

-

Occurs within dacite to andesite of the Trooper Creek Formation

Tabular bodies

 

Deposit Held by Red River Resources

Source: L.J. Hutton and I.W. Withnall Depositional Systems, Crustal Structure and Mineralisation in the Thalanga Province, North Queensland

[1] Red River Resources Limited

[2] RGC Thalanga Production from 1990-1999

[3] Kagara Limited Thalanga Production from 2010-2012

[4] Red River Resources FY2018 to FY2019 (current)

[5] 1998-2005 Source: Grange Resources Limited

[6] Non JORC Resource Source: Aberfoyle (1995)

 

Red River utilises innovative exploration techniques and methodology in target generation and exploration activities within the Mt Windsor Belt, predominately focusing on near-mine and brownfield exploration targets. Exploration techniques used include the following:

 

  • Geochemical and rockchip sampling
  • Aerial hyperspectral alteration mapping
  • Geophysical surveys (predominately high powered Induced Polarisation)
  • Drilling (diamond and reverse circulation techniques)

 

Red River has defined and ranked an exciting portfolio of targets schedule to be tested in FY20 with the objective of increasing resources at our known deposits and finding the next generation of polymetallic massive sulphide deposits within the Mt Windsor Belt to enable Red River to continue to extend the operation life of Thalanga.

Red River Exploration FY20 Exploration Plan

 

Diamond drill rig at Liontown Project

 

Massive sulphide mineralisation from the Waterloo Deposit