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Red Eagle Mining Corp RDEMF

Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.


GREY:RDEMF - Post by User

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Comment by botfedon Nov 05, 2009 1:56pm
349 Views
Post# 16457209

RE: 5 Holes Drilled

RE: 5 Holes Drilled[Here are the details:]

Mr. Larry Reaugh reports

ROCHER DEBOULE MINERALS CORP.: DRILLING PROGRAM COMPLETED ON NIOBIUM RARE EARTH PROPERTY

Rocher Deboule Minerals Corp. has completed five BQTW diamond drill holes (474 metres total depth) on the Lonnie niobium rare earth project located seven kilometres east of the community of Manson Creek, B.C.

Two holes were drilled at minus 50 degrees through the carbonatite, two were vertical holes from the same location into the carbonatite and one hole was drilled in the opposite direction into the hangingwall which visually returned approximately 48 metres of biotite-muscovite-phlogopite schist containing approximately 15 per cent one-to-1.5-centimetre subhedral red garnets. The company will contract to have a recovery test conducted as there is a robust demand for this type of garnets in the sandblasting industry.

The other four drill holes encountered from 40 to 100 metres of carbonatite. Assays will be focused on niobium, titanium, zirconium, lanthanum, neodymium and related REEs.

The Lonnie carbonatite zone has been traced by surface trenching for a length of approximately 650 metres with widths up to 50 metres grading 0.2 per cent Nb2O5 (source: Minfile No. 093N 012). The carbonatite zone trends 120 degrees and dips approximately 60 degrees southwest. A zone in the centre of the property averages 0.3 per cent niobium (Nb2O5) across a width of 7.6 metres and a length of 240 metres (Open File 1987-17).

Assays will be reported when they are received.

This release has been reviewed by Andris Kikauka, PGeo, a qualified person pursuant to National Instrument 43-101.

We seek Safe Harbor.

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