Overview
| Status | Care and Maintenance |
| Mine Type | Open Pit & Underground |
| Commodities |
|
| Production Start | ...  |
| Mine Life | 5 years (as of Jan 1, 2020) |
Red River has undertaken a detailed review in preparation for the restart of the Hillgrove Gold Project. The outcome of the review was a lean capital efficient staged restart process, with Stage One (processing of Bakers Creek Stockpile) scheduled to commence at the end of CY2020, and Stage Two (full restart of UG mining operations) scheduled to commence at the end of CY2021.
Red River started gold production from the Hillgrove mine’s Bakers Creek stockpile in December 2020 and trucked its first load of gold concentrate from the mine on June 18, 2021.
On September 7, 2022, Red River Resources placed its Hillgrove operation in New South Wales on care and maintenance while it undertakes a detailed study on the options available to it. |
Source:
p. 22
Red River acquired the Hillgrove Gold Project, in New South Wales, in 2019.
Contractors
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Deposit Type
- Orogenic
- Vein / narrow vein
Summary:
Orogenic gold-antimony-tungsten mineralisation at Hillgrove is hosted in multiple steeply dipping vein/shear systems contained within the Hillgrove Mineral Field. There is a strong zonation in the vein systems transitioning from shallow antimony dominant mineralisation to gold dominant mineralisation at depth. All known vein systems are open at depth, with potential transition to high grade gold dominant mineralisation at depth.
The Hillgrove Mineral Field covers approximately 9km x 6km, with more than 200 individual mineral occurrences identified in field. Red River controls the entirety of the Hillgrove Mineral Field and holds 225km2 of exploration leases and 17km2 of mining leases (or equivalent).
Summary:
UG Operations will commence in the Metz Mining Centre, allowing Red River to take advantage of the existing UG development & infrastructure to target the high-grade Lode systems (Syndicate, Blacklode & Sunlight).
The Metz Mining Centre is currently on active care & maintenance, with all infrastructure (ventilation, power, water) in place to support near term restart of mining. Previous owners invested significant capital in development the Metz Mining Centre, with approximately 3,950m of declines and capital development, 3,400m of ore drives in the Syndicate Lode, 500m of ore drives in Blacklode and 320m of ore drives in Cox’s Lode.
Source:
Flow Sheet:
Summary:
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Reserves at July 29, 2021:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Measured
|
442 kt
|
Gold
|
3.6 g/t
|
51 koz
|
|
Measured
|
442 kt
|
Antimony
|
3.8 %
|
17 kt
|
|
Measured
|
442 kt
|
Gold Equivalent
|
9 g/t
|
|
|
Indicated
|
3,766 kt
|
Gold
|
4.8 g/t
|
582 koz
|
|
Indicated
|
3,766 kt
|
Antimony
|
1.3 %
|
48 kt
|
|
Indicated
|
3,766 kt
|
Gold Equivalent
|
6.6 g/t
|
|
|
Inferred
|
3,017 kt
|
Gold
|
4.2 g/t
|
404 koz
|
|
Inferred
|
3,017 kt
|
Antimony
|
0.8 %
|
25 kt
|
|
Inferred
|
3,017 kt
|
Gold Equivalent
|
5.3 g/t
|
|
|
Total Resource
|
7,226 kt
|
Gold
|
4.5 g/t
|
1,037 koz
|
|
Total Resource
|
7,226 kt
|
Antimony
|
1.2 %
|
90 kt
|
|
Total Resource
|
7,226 kt
|
Gold Equivalent
|
6.2 g/t
|
|
Financials:
| | Units | 2022 | 2021 | 2020 |
|
Revenue
|
M AUD
| ...... | ...... | ...... |
|
EBITDA
|
M AUD
| ...... | ...... | ...... |
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Heavy Mobile Equipment as of October 22, 2020:
| HME Type | Model | Size | Quantity |
|
Truck (haul)
|
.......................
|
40 t
|
.......................
|
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Mine Management:
| Job Title | Name | Profile | Ref. Date |
|
.......................
|
.......................
|
|
Sep 21, 2022
|
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