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Red River Resources (ASX:RVR) gives production update

Mining
ASX:RVR
14 July 2021 12:00 (AEST)

Drilling operations at the Hillgrove mine. Source: Red River Resources

Red River Resources (RVR) have given an update on its June quarter production at its Thalanga Operations in Queensland and Hillgrove Gold Mine in New South Wales.

Thalanga Operations

Mining has been steady throughout the quarter with the Far West Mine, continuing to deliver strong zinc equivalent grades to the processing plant.

The Thalanga operations produced 6311 tonnes of zinc concentrate, 1350 tonnes of lead concentrate and 3565 tonnes of copper concentrate.

Red River processed 97,000 tonnes of ore — 2000 more than last quarter — producing 6311 of zinc concentrate.

Hillgrove Gold Mine

While over at Hillgrove, Red River continued to ramp up production and produced 1521 ounces of gold over the quarter.

RVR continues to process the Bakers Creek stockpile at Hillgrove and has commenced gold concentrate sales to Glencore International AG under an offtake agreement with the global commodity trade.

Red River will announce further details on its operations in the June quarterly report that will be released this month.

On the market, Red River was down 9.57 per cent and are trading at 21.3 cents per share at 11:10 am AEST.

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