Red River Resources Ltd (ASX:RVR) has intersected broad intervals of gold-antimony mineralisation with results of up to 32.3 g/t gold and 6.9% antimony from maiden drilling targeting the Eleanora Lode at Hillgrove Gold Project in NSW.
The results have confirmed the presence of high-grade gold-antimony within the Eleanora vein system and adjacent halos of low to medium-grade gold mineralisation.
Drilling has now begun at the Currys Lode target as the company firms up gold targets at the project ahead of the planned resumption of gold production at Hillgrove by the end of 2020.
Some high-grade intersections of up to 32.3 g/t gold, including visible gold, demonstrates that there is a significant remnant resource which Red River will continue to pursue, given Eleanora is 200 metres from the Hillgrove processing plant and on a mining lease.
Assays have been received for drill holes ELG139, ELG140, ELG141, ELG142, ELG143 and ELG144 with best results including:
- 7 metres at 2.2 g/t gold and 0.3% antimony from 119 metres, including 2.4 metres at 5.2 g/t and 0.9% from 123.6 metres;
- 7.5 metres at 4.1 g/t and 0.6% from 141 metres, including 1.75 metres at 15.6 g/t and 2.7% from 143.8 metres;
- 0.45 metres at 32.3 g/t and 6.9% from 144.4 metres;
- 8.4 metres at 2.9 g/t from 31.8 metres;
- 8 metres at 2.7 g/t from 45 metres, including 5 metres at 3.8 g/t from 48 metres; and
- 12.8 metres at 1.5 g/t from 60 metres, including 3.6 metres at 2.8 g/t from 65 metres.