Red River Resources Limited updated the market on progress at the Hillgrove Gold Project, with gold production to resume at Hillgrove by the end of CY2020. The Hillgrove Gold Project is about 30km from Armidale in New South Wales. 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 Gold Project has a substantial high-grade JORC 2012 Compliant Mineral Resource of 5.0Mt @ 4.3 g/t Au & 1.5% Sb (6.4 g/t Au Eq.) (692koz gold & 75kt antimony). Stage 1 (Bakers Creek Stockpile) Restart Site activities at Hillgrove continue to ramp up with restart on track and budget for first gold production by year end. The Stage 1 Restart will be based on treating the Bakers Creek Stockpile (225kt @ 2.5 g/t Au) through the Hillgrove Processing Plant to produce gold doré. Production is expected to commence by end CY2020 with an operational life of approximately 12 months. The gold will be recovered to a gravity gold concentrate and a flotation gold concentrate which will then be leached on site to produce doré, with gold recovery to doré estimated to be 75-80% after ramp up. Stage 1 has an estimated pre-production capital expenditure of approximately $5.0 million. Hillgrove Processing Plant: Restart activities are progressing as planned, on time & budget for the planned production restart. Key activity areas are as: Site workforce increased to 22; expected to be around 50 when fully operational. Installation of a gravity gold recovery circuit ­ engineering completed, equipment is onsite and scheduled to be installed from beginning of November 2020. Installation of an Intensive Leach Reactor (Acacia) - has been ordered and delivery expected by early December 2020, engineering completed and structural modifications in progress. Primary crusher spares are onsite and ready to be installed. Secondary crusher has been ordered and expected to be delivered within the next 4 weeks; engineering 50% completed. Rebuilding of feed pumps for filter presses and thickeners underway. Rectifiers and busbars for the gold electrowinning circuit have been ordered. Leach tanks are being refurbished, gridmesh replaced in the plant area where needed, rebuilding all pumps and running of new pipelines where needed. Stage 2 (Underground Production) Restart: Work on the Stage 2 (UG Production) Restart is underway to support the planned commencement of UG production in mid to late CY2021. This will allow the Hillgrove Processing Plant to transition from Bakers Creek Stockpile feed to UG ore feed when the Bakers Creek Stockpile is depleted. The aim of the Stage 2 Restart is to deliver a project with the following key parameters: Initial mine life of at least 5 years. Production of 30-50koz Au Eq. from the UG operations. In Stage 2, the Hillgrove Processing Plant will produce a gold-antimony concentrate, a gold concentrate and a gold doré. Red River will also examine the potential to produce a saleable tungsten concentrate from the scheelite (CaWO4) mineralisation in the Metz Mining Centre. 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 Mineral Resource was recently upgraded to 3.0Mt @ 4.5 g/t Au & 1.4% Sb (6.5 g/t Au Eq.) (426koz Au & 41kt Sb contained).