Red River believes the potential to increase the current resources at the Thalanga Project is excellent, from combination of extending known mineralisation, reviewing historical drilling to identify additional resources , testing known targets and identifying new targets.

The proximity of all Thalanga Project targets to the current infrastructure will allow any additional resources to be quickly developed in a cost effective manner.

Target Concept/Plan
Thalanga Remnants

Review of historical drilling and mining at Thalanga to seek to identify remnant mineralisation that could be economically viable to mine

Thalanga Deep Extensions Limited drilling has taken place beneath 500m depth. Based on other similar Australian VMS deposits (Golden Grove and Rosebery), there is potential for mineralisation to extend to 1,500m+ depth. Review existing information and develop plan to test for Thalanga Deep Extensions
Thalanga Far West Design drill plan to confirm Exploration Target at Thalanga Far West (up dip and down dip projections)
West 45 Review existing drilling and results of 2015 IP survey Review data to target extensions at depth and/or stacked mineralisation (target lens at different stratigraphic levels)
Orient / Thalanga Far East Review existing drilling and results of 2015 IP survey Review data to target extensions at depth and/or stacked mineralisation (target lens at different stratigraphic levels)
Wattle Tree Review results of 2015 IP Survey Plan drilling program to test Wattle Tree target
Jasper Flats Review results of 2015 IP Survey Plan drilling program to test Jasper Flats target
North Range Undertake geochemical survey to seek to define additional targets

Red River is currently undertaking an induced polarisation (IP) survey on the Thalanga Project area. The objectives of this survey are to better define existing targets prior to drilling and to seek to identify new targets.

Historically, the majority of exploration was focused on the Thalanga Horizon, seeking to identify additional mineralisation at the same level in the package of host rocks as Thalanga. Red River believes that in addition to targeting the Thalanga Horizon, the potential for additional mineralisation to occur above (hangingwall) and below (footwall) the Thalanga Horizon has not been adequately tested. The IP survey is also designed to test a cross section of the host rocks to target HW and FW mineralisation.

Thalanga Plan

Thalanga-Plan