The primary goal of Red River Resource is to create prosperity through lean and clever resource development for our shareholders and stakeholders.
Red River acquired the Thalanga base metal Project in QLD in late 2014, and restarted operations in 2017, with first production from the West 45 underground deposit producing separate copper, lead and zinc concentrates. In 2018, Red River started the development of Far West, the second underground mine at Thalanga with Far West production scheduled to commence in 2019.
Thalanga currently has a mine life in excess of 7 years and Red River is investing significant funds in exploration activity to seek to further extend the mine life.
Base Metal Concentrates being loaded at Thalanga
Thalanga represents the first stage in growth for Red River – and we are now seeking to continue to grow and diversify the Company to build a multi-asset mining business.
Our focus will continue to be on opportunities within the base and precious metal commodity space.