Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by dacreon Sep 07, 2019 4:26pm
64 Views
Post# 30105628

RE:Horny Structures, LP Fault...See for Yourself

RE:Horny Structures, LP Fault...See for YourselfGreat job.  I think it's clear to those of us here that RGLD is more than just an area play...that it's a stand alone project with great potential.  Because of the low float we can expect volatility both directions.  But longer term I really like its prospects.

SuneeDaze wrote: Using the mag (geophysics) map below (as well as GBR's geology map), you can easily see the LP Fault as well as some very interesting structures occurring on RGLD land.

https://www.greatbearresources.ca/site/assets/files/3773/geology_presentation_may-23_2019.pdf

https://drive.google.com/file/d/1cvmHAl6T5rQDNlPQmuRA65QO0bTuJ73z/view

If you scroll to slide 6 of the GBR presentation, you'll see the map that most of us are familiar with.  Have a quick look at the LP Fault location.  

Then click on the mag map from RGLD's website.  First of all, look at the overall trend from one property to the other.  The various geophysical signatures (colours) are elongated and clearly trend in a northwesterly direction to our property where they level off before arcing to the southwest.

If you look in the southeast corner of GBR's property/Dixie you'll see a thin lime green line at the edge of their property...the LP Fault.  Follow it to the west/left into a blue bleb, then it's a light blue colour near the edge of their border.  It heads northwest before changing to a light green colour, then a yellowish colour to our border.  It crosses our border, changes to green then light blue before bending down.  Things are messed up there (good!) with a few splays (faults).  If you then look west, you'll see it possibly again in light green as it heads southwest.

What's promising is the convoluted "mess" to the west of the GBR border.  This is good.  If you also look to the southwest you will see a mag high (red colour) that looks like an elongated fold...two long limbs that meet at the nose/hinge.  This could be a real potential area of interest as well.  

Anyway...the elongated mag high apparent fold, the LP Fault trending onto our land with the apparent faults splaying off in various directions near our border (large square area) look pretty darn good...lots of structural occurrences...folding and faulting are events that allow the movement of mineralized fluids to mobilize.

So...let's get in there are start stripping and banging on some rock and find some gold!




<< Previous
Bullboard Posts
Next >>