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Red River’s development at Far West on track to increase Thalanga production

Far West deposit has a reserve of 1.5 million tonnes at 12% zinc equivalent and a mine life to 2025.
Far West development work
Far West development work

Red River Resources Ltd (ASX:RVR) has advanced the decline at the Far West deposit to 90 metres vertical depth at the Thalanga Operations in northern Queensland.

Ore production at Far West is scheduled to commence in Q1 2019 and will augment West 45 ore, increasing the total production at Thalanga.

Red River managing director Mel Palancian said: “The Far West deposit will extend production at Thalanga Operations for at least the next five years.

“Production from Far West is on track to start in Q1 2019 and we are planning further drilling to target extensions of the high-grade mineralisation in early 2019”

READ: Red River Resources Limited has more strong base and precious metals results underground at Thalanga

To date, over 660 metres of lateral development has been completed at Far West, including 552 metres of total decline development.

The decline is currently at 90 metres vertical depth and at the 920 ore drive cross-cut access.

Far west development progress

The raise-borer has been mobilised to site to commence the Far West return air rise and second means of egress with completion and ventilation fan installation expected in the March quarter 2019.

Far West return air rise site preparation

Red River’s recent drilling has indicated the potential to extend upper levels of Far West. Highlight results include:

• 13.45 metres at 13.7% zinc equivalent from 193.4 metres including 4.20 metres at 31.1% zinc equivalent from 193.40 metres;
• 3.30 metres at 10.5% zinc equivalent from 42 metres; and
• 4.95 metres at 19.2% zinc equivalent from 49.35 metres.

READ: Red River Resources lowers costs, increases earnings in September quarter

The recent drilling results indicate the potential to extend planned ore drives and possibly add additional levels above.

These results also confirm that the orebody is not closed off and further drilling is planned to start after the wet season in early 2019 to target further extensions of the high-grade hits.

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