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Red River Resources Ltd

Red River Resources drill results continue to suggest potential for longer mine life

Drilling continues at Liontown East with further assays expected.

drill core laid out
Shares are up 30% over the past 12 months

Red River Resources Ltd (ASX:RVR) has received further high-grade assay results from drilling at the Liontown East discovery within the Thalanga Zinc Project in Queensland.

The assay results further extend Liontown East and support the thesis that it can be converted into a minable deposit at Thalanga and increase its current mine life.

Latest results include 18.15 metres at 8.8% zinc equivalent from 517.25 metres down-hole and 23 metres at 8.25% zinc equivalent from 219 metres down-hole.

Liontown East remains open

The deposits currently in the mine plan at the Thalanga operations are West 45, Thalanga Far West and Waterloo.

Red River is also focused on converting Mineral Resources into Ore Reserves at the Liontown and Orient resource bodies.

Liontown East is 700 metres from the eastern edge of the current Liontown resource.

Liontown East remains open and the company plans to aggressively continue to define further extensions.

READ: Red River Resources continues to deliver high-grade zinc results at Thalanga project

Furthermore, drilling continues and more assays are pending, including for hole LTED13, which intersected 1.4 metres of massive sulphides and 4.3 metres of semi-massive sulphides.

Quick facts: Red River Resources Ltd

Price: $0.17

Market: ASX
Market Cap: $83.42 m
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