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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

Comment by wiseyoungmanon Feb 04, 2014 6:58pm
158 Views
Post# 22172161

RE:NI 43101 DELAY

RE:NI 43101 DELAY
Just to be clear, they are not doing a PFS [Pre Feasibility Study]. The Company plans to issue a maiden 43-101 and PEA [Preliminary Economic Assessment or scoping study]. Big difference in that a PFS is for advanced stage exploration projects. Market expectation is about a 1M ounces.

GLTA
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