Red River Resources sets new quarterly copper production record

Red River Resources Limited (ASX:RVR) has achieved record copper production at its Thalanga Operation in Northern Queensland for the quarter ending June 30, 2020.

An increase in copper grade of ore milled to 1.0% and a record copper recovery to copper concentrate of 84.7% resulted in quarterly production of 2,697 tonnes of high-quality copper concentrate, compared to 2,310 tonnes in the previous quarter.

During the quarter Thalanga continued its strong operational performance by also producing 4,310 tonnes of high-quality zinc concentrate and 1,133 tonnes of high-quality lead concentrate.*Shares higher*

Shares in the company have been as much as 19% higher to 11 cents and are up from 4.2 cents at the close on March 23.

Red River also processed a parcel of historical gold-rich tailings from its nearby Liontown project during the quarter and produced about 600 tonnes of gold concentrate containing 1,300 ounces of gold on an unreconciled basis.