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Red Lake Gold Inc C.RGLD

Red Lake Gold Inc. is a Canada-based company focused on gold exploration. The Company’s principal business activities include the acquisition and exploration of mineral property assets. It is focused on high-impact gold exploration through its 21,238 hectares district-scale Whirlwind Jack gold project situated near Red Lake, Ontario. Its projects include Whirlwind Jack Gold Project, Fenelon North Gold Project, Preston District Uranium Project, and Celt Lake Lithium Project. The Whirlwind Jack Gold Project is a district-scale gold exploration project located near Red Lake, Ontario. The Fenelon North Gold Project is situated within the core of the Fenelon gold district. The Preston District Uranium Project is located in Saskatchewan near exploration projects held in by Azincourt Energy Corp. and Orano Canada. The Celt Lake Lithium Project is located in Red Lake Mining District, Ontario, Canada. The Celt Lake Lithium Project has approximately 500 claims.


CSE:RGLD - Post by User

Post by LuckyMeLuckyYouon Aug 04, 2018 2:48pm
147 Views
Post# 28415021

SIC hole MH-18-01 .... 11.90 meters @ 44.96 grams /ton Au...

SIC hole MH-18-01 .... 11.90 meters @ 44.96 grams /ton Au...Benjamin A. Smith of Midas Letter:

" Although gold deposits have been known to reside in Newfoundland since the late 1800's, few large-scale mining have operated there. Gold mineralization is scattered throughout the rocky isle, with about 500 individual documented occurences of mineralization. Thus commercial drilling programs have generally proved unsuccessful, owing to low grades or grades that lack continuity....It remains to be seen wether Sokoman's breakthrough results yield further actionable, commercial grades. But the headline numbers and Sprott involvement are impressive, and these catalysts continue to buoy the price action heading into the big long weekend."
LMLY.

   
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