Red River Resources Limited (ASX: RVR) has obtained high-grade polymetallic results from a multipurpose RC drilling programme at Liontown, part of its Thalanga Operation in Queensland, Australia.
The company says the results have rapidly increased the knowledge of the oxide gold, Gap and Western footwall. Liontown contains a sulphide Mineral Resource of 4.1Mt @ 0.6% Cu, 1.9% Pb, 5.9% Zn 1.1 g/t Au and 29g/t Ag for 12.7% Zn Eq.
Red River’s RC Programme
Red River completed 5,697m of drilling at Liontown and 1,928m on the Cougartown, Cougartown West and Max-Au satellite prospects,
The company currently has two diamond drill rigs are in operation undertaking resource definition and extensional drilling through 2022. Assays are pending for 13 completed holes.
Red River’s drill programme targeted areas on the edge of the resource that required more data. The programme also targeted areas that required sterilisation for possible infrastructure placement.
Data to support the modelled surface weathering profile was collected and samples were selected for metallurgical investigations. Due to the stacked nature of the mineralisation, many holes intersected multiple lodes, and as such are reported below by lode area.
New Queen Gold Oxide
Nine shallow drill intersections were drilled through the New Queen Au Oxide Inferred Mineral Resource area.
LLRC224 targeted 10m east of LLRC199 and LLRC200 and returned 10.0m at 2.7 g/t Au and 66 g/t Ag. LLRC223 and LLRC225 targeted 15m west of LLRC199 and LLRC200.
The shallower hole LLRC225 passed through a 3m void returning 3m at 1.1 g/t Au prior to, and 1m at 1.9 g/t Au after the void.
LLRC223 passed 12m below LLRC225 and returned 6.0m at 3.6 g/t Au and 106 g/t Ag. LLRC201 targeted 15m west of LLRC223 and LLRC225 and returned a similarly strong interval of 8m @ 1.7 g/t Au and 102 g/t Ag.
Red River says these intersections provide strong evidence of a greater than 40m strike area of 3 to 8m width that extends east from the historic New Queen stoping area.
LLRC207 and LLRC208 targeted the west end of New Queen above the Carrington mine workings. LLRC207 contained a broad low-grade interval through the oxide zone and an enriched transitional interval of 4m at 6.3 g/t Au and 167 g/t Ag. LLRC208 contained 5m at 3.1 g/t Au and 38 g/t Ag.
New Queen Sulphide
Two holes targeting the Main Lode Oxide were extended through the New Queen Sulphide area. LLRC202 passed through the lower section of the New Queen Mineral Resource area returning 10m at 9.1 % Zn Eq. LLRC203 passed 20m below this returning 17 m at 3.4% Zn Eq.
These results validate the modelled Mineral Resource thickness and grade in this area.
Western Footwall Resource Extension
Red River drilled 11 holes in the Western Footwall area. Three deep holes targeted the Western Footwall Inferred Mineral Resource.
These holes returned positive results on the Western Footwall lode; LLRC216 contained 3m @ 5.3% Zn Eq, LLRC217 contained 2m @ 6.4% Zn Eq and LLRC218 contained 3m @ 5.0% Zn Eq.
In addition, the holes encountered a lesser defined but more strongly mineralised footwall lode where LLRC216 contained 12 m @ 9.5% Zn Eq, LLRC217 contained 13 m @ 8.1% Zn Eq and LLRC218 contained 7m @ 5.9 % Zn Eq.
This footwall lode (Lode 2) is not part of the Mineral Resource and shows great potential. LLRC204, LLRC219 and LLRC220 targeted the area between Western Footwall and the New Queen area. LLRC220 intersected 4m at 10.1g/t Au with trace base metal mineralisation.
Although all three holes demonstrate a break in base metal continuity between the New Queen and Western Footwall areas, the existence of the gold trend in the hanging wall of this area will require further investigation.
Five shallow holes targeted oxide Au potential and the location of the base of oxidation. Weak oxide results were returned with LLRC213 achieving 2m at 5.1g/t Au from 24m. The base of LLRC214 intercepted 5m @ 5.9% Zn Eq below the base of weathering. This intersection is likely the western extension of the footwall Lode 2.
For further information please visit: http://www.redriverresources.com.au/
