Red River Resources (ASX: RVR)
Have published an updated corporate presentation reflecting the advancements the company has made during the last year or so.
Gold production has now been started at Hillgrove, and the newly acquired Silver – indium project at Herberton in Queensland is being readied for a drill campaign in 2021.
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| Red River Resources | ASX : RVR |
| Stage | Production / Exploration |
| Metals | Gold, Antimony, Copper, Zinc, Lead |
| Market cap | A$124 m @ 24c |
| Location | Queensland + New South Wales |
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Red River Resources Produce an updated Corporate Presentation.
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Red River Resources (ASX: RVR)
.Have published an updated corporate presentation reflecting the advancements the company has made during the last year or so.
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The major achievement in 2020 was the restarting of gold production at the former producing Hillgrove Mine in New South Wales. This is little more than a year from acquiring the former mine to commencing production, a good achievement.
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2020 also saw the acquisition of the Herberton silver – indium project in Queensland, where a drill campaign is planned for 2021.
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Red River Resources also own the producing Thalanga copper – lead – zinc mine in Queensland, which produced revenue of A$98.2 million last year. In addition, they are developing Lion Town, which will be their next mine in Queensland and allow RVR to maximise their mill at Thalanga.
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It’s going to be a busy year for RVR!
To view the presentation, please click HERE
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Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
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Disclosure
The writer owns shares in Red River Resources bought in the market at the prevailing price on the day of purchase.