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Red River Resource’s primary goal of shareholder value creation is based on a two tier growth strategy:
Tier One: Acquisition and development of Advanced Mineral Projects
Red River Resources will acquire and develop a portfolio of operational assets which will generate superior financial returns within a 3-5 year timeline. Project acquisition and development thresholds will be based on financial returns rather than physical parameters.
Tier Two: Implementing a Prospect Generator Model for Exploration Projects
Red River Resources will utilise our knowledge base to identify and acquire exploration projects in locations considered highly prospective for significant economic discoveries. Upon obtaining exploration licences in such areas, we will initially focus our attention on low cost exploration activities prior to seeking third party funding for the expensive drilling phase.Continue
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