Red River Resources Ltd (ASX:RVR) (FRA:R1R) has recorded a transformative December quarter, kicking off production at its Hillgrove Gold Mine in northern New South Wales, with the first ore processed through the plant on December 29, 2020.
The company is further encouraged by strong continuing base metals production at the Thalanga Operation in north Queensland.
Thalanga Operation
During the quarter, Thalanga produced 3,564 tonnes of copper concentrate compared to 4,073 tonnes in the first quarter of financial year 2021 and 7,430 tonnes of zinc concentrate versus 7,026 tonnes in the preceding quarter.
Thalanga also produced 1,914 tonnes of lead concentrate in the second quarter compared to 1,947 tonnes in the first quarter of financial year 2021.
Thalanga Operations ore mined 92,000 tonnes at 10.2% zinc equivalent. (first quarter: 99,000 tonnes at 11.7% zinc equivalent).
During the period, it processed 112,000 tonnes ore at 10.3% zinc equivalent from the first quarter’s 103,000 tonnes at 11.5% zinc equivalent.
Hillgrove Gold Mine
Red River will continue to ramp-up production activities at Hillgrove during the third quarter of its 2021 financial year.
The Bakers Creek stockpile mining and trucking activities have commenced with the first ore delivered to Hillgrove ROM Pad on December 23, 2020.
First ore was processed through the Hillgrove Mill on December 29 and the plant is ramping up to steady-state production.
The company has also increased its workforce at the previous operating site to more than 50 people.