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Red River Resources maintains strong base metals output at Thalanga as Hillgrove gold production ramps up

Red River’s overarching goal is to build a multi-asset operating business, focused on base and precious metal projects along Australia’s east coast.

Red River Resources Ltd - Red River Resources maintains production record at Thalanga, work ramps up at Hillgrove over June quarter
Red River has kept production up across its multi-element production portfolio on Australia's east coast.

Red River Resources (ASX:RVR) has maintained a strong production record at its Thalanga Base Metal Operation in Queensland while gold production continues to ramp up at Hillgrove Mine in New Soyuth Wales.

Over the June quarter, the miner’s foundational Thalanga asset churned out 6,311 tonnes of zinc concentrate, 1,350 tonnes of lead concentrate and 3,565 tonnes of copper concentrate.

Meanwhile, over in New South Wales, the ASX-lister’s Hillgrove asset produced 1,521 ounces of gold.

Red River will provide further details on its producing assets in an upcoming quarterly report, slated for release later this month.

Production steady at Thalanga

The June quarter was described as a month of steady production for Red River’s Thalanga operations.

There were 101,000 tonnes mined at Thalanga over the period, compared to 83,000 tonnes in the previous corresponding period of 2020 and 87,000 tonnes in FY21’s third quarter.

Overall, Thalanga processed 97,000 tonnes of ore, bringing the total ore processed over the 2021 financial year to just over 400,000 tonnes.

Red River said mining and processing operations at Thalanga were steady throughout the quarter, with the Far West Mine continuing to deliver strong zinc equivalent grades to the processing plant.

Loading base metal concentrate at Thalanga.

Hillgrove Gold Mine

At Hillgrove, Red River continued to ramp up activity and of the 1,521 ounces of gold produced, 1,054 ounces were in doré and 467 ounces in concentrate.

The production metrics mark a sharp uptake on the previous quarter, when Red River delivered 667 gold ounces from the mine.

Moving forward, Red River continues to process the Bakers Creek stockpile at Hillgrove.

It’s also started gold concentrate sales with Glencore International AG under an offtake agreement with the global commodity trader — a deal announced in late June.

Overall, 73,000 tonnes of ore were processed at Hillgrove over FY21, with nearly 2,200 gold ounces produced during the financial year.

The Hillgrove Gold Mine in northern NSW.

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