Red River Resources Limited (ASX: RVR) has announced further exploration positive results from its exciting Orient Silver Project located near Herberton in Northern Queensland.
Sampling and mapping at Orient has confirmed extensive high-grade epithermal silver-lead-zinc mineralisation with associated large scale alteration systems.
Sampling undertaken at Orient West returned an average grade of 357 g/t Ag, 241 g/t In, 8.2% Pb & 5.8% Zn, with peak assays of 1,730 g/t Ag, 1,289 g/t In, 39.1% Pb & 32.1% Zn.
Meanwhile, sampling at Orient East returned an average grade of 240 g/t Ag, 88 g/t In, 5.9% Pb & 0.9% Zn, with peak assays of 1,365 g/t Ag, 444 g/t In, 25.8% Pb & 18.7% Zn.
The company has also identified a high priority silver target at Orient East, which was previously tested by two holes, intersecting extensive silver-indium-lead-zinc mineralisation, but never followed up.
Red River has now commenced drill targeting, with aim to begin drilling after the north Queensland wet season.
The Orient Silver Indium Project consists of the Orient West silver-lead-zinc-indium deposit and the Orient East silver-lead-zinc-indium deposits.
The Project is located 9km north of Irvinebank in Northern Queensland. Silver-lead mineralisation was discovered at Orient in 1886, and a small tonnage of silver-lead ore (<20,000 tonnes) was mined, before mining ceased in 1926. Ore included silver-rich oxidised material and galena-rich sulphide ore. The main mining centres were Wienerts (Orient West) and Nannum (Orient East).
In addition to project area granted earlier this year at Orient, Red River has lodged an application (EPM 277331) to target the highly prospective area between EPM 27168 (which contains the Eccles Creek silver target, the Boonmoo Bonanza silver target and the Antimony Reward antimony deposit) and EPM 27223 (Orient silver indium project). Historical exploration activities indicate the mineralisation and structures that host the mineralisation extend from EPM 27223 into EPM 27168.