Red River's rivers of cash

NORTHERN Queensland miner River Resources had already announced a record March quarter in terms of production, but this morning it revealed it also revealed record low cash costs and that its bank balance has swelled by A$8.5 million to $21.2 million, even after spending around $5 million.

Red River's rivers of cash Red River's rivers of cash Red River's rivers of cash Red River's rivers of cash Red River's rivers of cash

Far West development ore.

 
 
 
C1 cash costs were down almost 70% due to the higher production levels, and C3 costs were down 37% to around US58c per pound of zinc.

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