Red River Resources Limited (ASX:RVR) Plans Drilling For East Kirup Lithium-Tantalite-Tin Prospect

Perth, Dec 14, 2009 AEST (ABN Newswire) - Subsequent to the termination of the joint venture with Ord River Diamonds, 100% ownership of the East Kirup lithium-tantalite-tin exploration prospect has reverted to Red River Resources Limited (ASX:RVR). As a consequence Red River is now planning to carry out a 6,000m program at East Kirup during February-March 2010.

The East Kirup prospect is a lithium-tantalum-tin geochemical anomaly 4km long by up to 1.5km wide that occurs in E70/2435 and which is situated 20km north-northwestward on structural geological trend from the Greenbushes lithium-tantalite-tin mine. The Greenbushes mine is a world class deposit that contains Total Measured, Indicated and Inferred Resources of 25.2 million tonnes of 3.6% Li2O (Talison Lithium Prospectus, 2009) as well as substantial associated tantalite-tin mineralisation. Geochemical sampling carried out by Red River has delineated widespread geochemically anomalous lithium, tantalite and tin over the East Kirup prospect area which is interpreted as a mineralised halo over better mineralisation at depth. The forthcoming drill program is designed to test that concept and is likely to be followed by a program of deeper drilling.

For the complete Red River Resources ASX Announcement and Figures, please click the link below:

http://www.abnnewswire.net/media/en/docs/61937-ASX-RVR-473976.pdf

Contact

J. Karajas Managing Director Tel: +61-8-9225-4917 Fax: +61-8-9225-6474