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RED EAGLE EXPLORATION LIMITED V.XR

"Red Eagle Exploration Ltd is engaged in the exploration, development and permitting of mineral properties. It owns the California Gold, Vetas Gold and Santa Ana Silver projects."


TSXV:XR - Post by User

Post by Dansulon Apr 12, 2013 2:41pm
200 Views
Post# 21248169

Highlights - 100% property ownership

Highlights - 100% property ownership

 

. Operating in the Vetas Mining District – 450 years of Mining History:

• High grade gold and silver has been mined over the past 60 years at Vetas;

• Over 20 million ounces of gold defined and growing*;

• Approximately a 2.5 hour drive from Bucaramanga, the major city in the district of Santander;

• Excellent infrastructure in the area - power, water and access available year-round.

100% property ownership and 6 approved Environmental Management Plans

(PMAs):

• Properties lie contiguous to AUX, Continental Gold and Eco Oro;

Aggressive drilling program testing high-grade gold at known targets and new

emerging discoveries:

• Drilling has tested only 3 targets distributed over 5 of 11 owned properties;

• Significant intercepts** include 114.98m at 7.57 g/t Au, 16.87m at 17.07 g/t Au and 15.50m at

17.29 g/t Au;

Exploration and development of Vetas Gold Project not affected by the

Regional Natural Park Paramo de Santurban;

Strong Board and management team with an extensive and successful track

record in Colombia.

 

 

GLTA,

Dan

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