Multi commodity production and exploration for future markets

Red River Resources
(ASX: RVR)

An Australian gold and base metals producer with a multi-asset operating business and exciting exploration upside.

We operate the Thalanga Base Metal Operations in northern Queensland and the Hillgrove Gold-Antimony Mine in New South Wales, which is set to recommence underground operations in 2022.

We hold two polymetallic projects near Herberton, Queensland, which host the highest-grade known indium deposits in Australia. We are continuing to explore these as well as grow the resource base at Thalanga and Hillgrove, aiming to deliver prosperity through low-cost resource development.

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Operations

We produce copper, zinc and lead concentrates at our Thalanga Base Metal Operation in northern Queensland, and our Hillgrove Project in New South Wales hosts gold and antimony, a critical mineral, with underground mining set to recommence in 2022. We also have exploration projects in Queensland.

 

Hillgrove, NSW

Our Hillgrove Project is 24km from Armidale, NSW. First discovered in 1857, Hillgrove historically produced more than 730,000oz gold and 50,000 tonnes of antimony. We restarted gold production at Hillgrove in late 2020 and will recommence underground mining in 2022, with processing via a 250ktpa operating plant.

  • Hillgrove hosts one of the world’s largest antimony resources
  • Resource upside at known deposits and potential for new discoveries
  • All known deposits open at depth and along strike
  • Underground mining to restart at Syndicate
  • 30,000m drill program underway in 2022
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Thalanga, QLD

Our Thalanga Base Metal Operation is 55km west of Charters Towers in Queensland, Australia. We produce copper, zinc and lead concentrates from the Far West deposit, processing ore through a 650ktpa milling facility. We plan to develop the Liontown deposit in 2022 as the next stage of Thalanga’s operations.

  • Copper, lead, zinc concentrates with gold and silver by-products
  • Underground mining at Far West deposit
  • 650ktpa processing plant
  • Organic growth via development of Liontown deposit (10+ year mine life)
  • Exploration upside with more than 100 targets to test in Mt Windsor VMS belt
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Highlights

Diversified Assets

Multiple Australian projects producing and targeting precious and base metals and critical minerals.

Low-Cost Production

Using lean and clever resource development to boost free cash flow.

Exploration Upside

Near-mine exploration opportunities at both Thalanga and Hillgrove.

Building Partnerships

Working with tier-one offtake partners and contributing to the local communities near our projects.

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Current Share Price

ASX
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ASX: RVR

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"So I'm expecting a cracking quarter this quarter."

If you missed our quarterly investor webinar featuring MD Mel Palancian and CFO Rod Lovelady you can listen to the full call recording here: https://bit.ly/37VJle1

$RVR #gold #antimony #zinc

"It’s earnings in the December half were as good as you like for a company with its market cap at $22.4m"

Mining expert @BarryFitz1 highlights $RVR in his @Stockhead article: No gas, no smelter. These #ASX #zinc stocks are suddenly looking cheap & sexy: https://bit.ly/3ILArfA

$RVR Red River Resource’ resource delineation drilling increases confidence at Liontown with high-grade zinc results https://tinyurl.com/ybtvgbko @RedRiverRes #RVR #ASX #ASXNews

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