Red River Resources Limited announced further results from its maiden diamond drilling program targeting the Eleanora Lode at its Hillgrove Gold Project in NSW, Australia. Drilling has now commenced at the Curry's Lode target as Red River firms up gold targets at the project ahead of commencing gold production at Hillgrove by end of CY2020. Red River received assays for drill holes ELG139, ELG140, ELG141, ELG142, ELG143 and ELG144 in its initial Eleanora drill program. ELG139 intersected 7.0m @ 2.2 g/t Au & 0.3% Sb from 119.0m down hole including 2.4m @ 5.2 g/t & 0.9% Sb Au from 123.6m downhole; ELG140 intersected 9.1m @ 1.7 g/t Au & 0.1% Sb from 88.0m down hole including 3.8m @ 2.8 g/t Au from 93.3m down hole; ELG141 intersected 7.5m @ 4.1 g/t Au & 0.6% Sb from 141.0m down hole including 1.75m @ 15.6 g/t Au & 2.7% Sb from 143.8m downhole; ELG141 intersection containing visible gold returned an assay of 0.45m @ 32.3 g/t Au & 6.9% Sb from 144.4m down hole; ELG142 intersected 8.4m @ 2.9 g/t Au from 31.8m down hole; ELG143 intersected 8.0m @ 2.7 g/t from 45.0m down hole including 5.0m @ 3.8 g/t Au from 48.0m down hole; and ELG144 intersected 12.8m @ 1.5 g/t from 60.0m down hole including 3.60m @ 2.8 g/t Au from 65.0m down hole. Results received from drilling to date from have confirmed the presence of high-grade gold-antimony within the Eleanora vein system and adjacent halos of low to medium-grade gold mineralisation. Some very high-grade intercepts of up to 32.3 g/t gold, including visible gold, demonstrates there is a significant remnant resource which Red River will continue to pursue, given Eleanora is 200m from the Hillgrove processing plant and on a mining lease. Red River will plan a second phase of drilling at Eleanora once all assays are received, seeking to grow the resource and upgrade it to JORC 2012 standard, with a view to enabling a second independent mining centre at Hillgrove. Red River plans to initially produce gold doré from the Bakers Creek stockpile starting in CY2020 in Stage 1 before resuming underground operations at the Metz Mining Centre (Syndicate, Sunlight, Blacklode orebodies) to produce gold-antimony concentrate, gold concentrate and gold doré in Stage 2 next year. Red River will release more details of its drilling at Curry's Lode in a separate announcement in the coming weeks. The Hillgrove Gold Project is located approximately 30km from Armidale in New South Wales. Historic mining activity commenced at the site in 1857 and ceased in 1921 and recommenced in 1969. To date, Hillgrove has produced more than 730,000 ounces of gold (in bullion and concentrates), more than 50,000 tonnes of antimony (as metal and in concentrates) plus material amounts of by-product tungsten (in concentrates). The Hillgrove site includes a 250ktpa capacity processing plant currently on active care & maintenance comprising a selective flotation circuit (capable of producing antimony-gold and refractory gold concentrates), an antimony leach/SXEW/refining & casting plant, a gold cyanide leach circuit & gold room and a pressure oxidation circuit. The site also has a fully HDPE (high-density polyethylene) lined modern tailing storage facility, which was constructed in 2006, and has approximately two years of production storage capacity. The Hillgrove Gold Project has a material high-grade JORC 2012 Compliant Mineral Resource of 5.0Mt @ 4.3 g/t Au & 1.5% Sb (6.4 g/t Au Eq.) (686koz gold & 74kt antimony). 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 has announced a Mineral Resource of 225kt @ 2.5 g/t Au (18koz Au contained) for the Bakers Creek Stockpile. Metallurgical test work completed indicated a total gold recovery of ~80% to gold doré when gold is recovered to a gravity gold concentrate and a flotation gold concentrate which will be leached on site to produce gold doré. Red River will utilise the extensive existing site infrastructure and equipment to deliver a low capital cost restart, with an estimated Stage One capital cost of less than $5m.