Red River surges on solid results

SURFACE rock chip sampling at Red River Resources’ Feral prospect in Western Australia has yielded “encouraging” iron results with interest from a number of Chinese mining firms and investors liking what they heard, driving the company’s share price up 36%.

Red River surges on solid results Red River surges on solid results Red River surges on solid results Red River surges on solid results Red River surges on solid results

It was a good day for Red River, which was the highest mover in resource equities yesterday as its shares climbed 4.5c to close at 17c, and they were unchanged in morning trading today.

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