Red River Resources Ltd. (ASX: RVR)
Announced that it has started production at its Hillgrove Gold Operation in New South Wales.
First ore was processed through the plant on the 29th December, and the plant is now ramping up to a stable production rate.
|Red River Resources||ASX : RVR|
|Stage||Production / Exploration|
|Metals||Gold, Antimony, Copper, Zinc, Lead|
|Market cap||A$150 m @ 29c|
|Location||Queensland + New South Wales|
Red River Commences Production at Hillgrove Gold Operation
Red River Resources Limited (ASX: RVR) is pleased to announce that it has started production at its Hillgrove Gold Operation in New South Wales.
- • Processing has commenced at the Hillgrove Gold Operation
• Bakers Creek Stockpile mining and trucking activities commenced, with first ore delivered to Hillgrove ROM Pad on 23 December
• First ore processed through the Hillgrove Mill on 29 December
• Workforce increased to 50+
• The plant is ramping up to steady production
Hillgrove Gold Project
Is located about 30km from Armidale in New South Wales. To date, Hillgrove has produced more than 730,000 ounces of gold (in bullion and concentrates), more than 50,000 tonnes of antimony (as metal and in concentrates) plus material amounts of by-product tungsten (in concentrates)..
The project has a substantial high-grade JORC 2012 Compliant Mineral Resource of 5.0Mt @ 4.3 g/t Au & 1.5% Sb (6.4 g/t Au Eq.) (692koz gold & 75kt antimony).
Hillgrove Gold Operation
The site includes a 250ktpa capacity processing plant, comprising a selective flotation circuit (capable of producing antimony-gold and refractory gold concentrates), an antimony leach/EW/refining & casting plant, a gold cyanide leach circuit & gold room plus a pressure oxidation circuit.
The site also has a fully HDPE (high density polyethylene) lined modern tailing storage facility, which was constructed in 2006 and has approximately two years of production storage capacity.
All of Hillgrove’s electricity requirements are sourced from a 66kva grid connected power supply from Ergon Energy with 11kva site power reticulation. Water is sourced from storage dams and underground workings.
Hillgrove has all the office facilities required for operations, including an administration office, mining operations offices, maintenance offices, workshops (heavy vehicle, light vehicle and boilermaker’s workshops), process plant offices, metallurgical laboratory building, first aid building, stores warehouse and core shed and yard.
The Hillgrove Gold Operation is a residential site, with the majority of the workforce residing in Armidale and the surrounding area.
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