Far West is the down dip extension of the Thalanga West mineralisation. Thalanga West was mined by RGC Thalanga Pty Ltd until the Thalanga mine was closed in 1998. Subsequent operators of the Thalanga mill disposed of tailings from the processing of Highway-Reward ore into the Thalanga underground development, preventing any use of this development.

Thalanga Far West is classified as a volcanogenic-massive-sulphide (VHMS) style of mineralisation where copper, zinc, lead and silver mineralisation is found associated with a suite of sulphide minerals including sphalerite, galena, chalcopyrite, pyrite and other minor sulphide assemblages. Mineralised zones are typically represented by fault controlled lenses located within the host Quartz Eye volcaniclastic unit.

Diamond drilling has been completed over multiple drill campaigns since the early 1990’s within the Thalanga Far West project area. RGC Thalanga Pty Ltd drilled (surface and underground) into the Thalanga Far West area and also drove an exploration decline out to Thalanga Far West. Limited mining activities took place in Far West prior to the Thalanga operation being closed in 1998.

Thalanga Far West Long Section (as at May 2017)

Thalanga Far West hosts a JORC Code (2012) compliant Mineral Resource of 1,645kt grading 1.7% Cu, 2.0% Pb, 6.0% Zn, 0.2g/t Au and 53g/t Ag. The resource estimate was completed by Mining One Consultants in May 2016.

For further details of the Thalanga Far West resource and the supporting disclosures and appendices, please refer Thalanga Projects – Reserves & Resources and also to the Red River ASX release “Red River Increases Far West Mineral Resource by 42% of 1.6Mt @ 14.9% Zinc Equivalent” dated 16 May 2016

Thalanga Far West Development

On completion of the current Far West drilling program (Q2  CY2017), an updated Far West Mineral Resource estimate will be calculated and mine design completed, and used as the basis for the maiden Far West Ore Reserve estimate.

Far West is planned to be the second mine developed by Red River as part of the Thalanga Zinc Project.