Red River Resources Limited

Wongan Hills

This area, together with the Miaree area near Karratha, is part of the proposed Joint Venture with Iron Mountain Mining Limited which, subject to preparation of an independent experts report and approval by shareholders, can spend $4.75 million to earn 70% in the two project areas. The Wongan Hills contains banded iron formation and is prospective for the discovery of direct shipping grade hematite ore (DSO).