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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 digingdeepon Feb 05, 2014 9:16pm
213 Views
Post# 22177461

EXPLOITATION PERMITS

EXPLOITATION PERMITS
I realized that the map showed in EL ESPECTADOR is in the 1:225 scale, and not in the new scale proposed . Thats the reason the chart only shows 5 properties with a total of 42 hectares within the Paramos.  

CBJ has a total of 600 hectares, but without la Vereda (150) and SAN ANTONIO (that may not have explitation permits), the remain 9 properties with an @ of 400 hectares should have exploitation permits.

Looking January CBJ presentation, slides 7 and 9, full ore potential of the properties are located within the following 9 mining properties: REAL MINERA, LOS DELIRIOS, SANTA ISABEL, LA PETER, SAN BARTOLO, SAN ANTONIO, EL DORADO, ARIAS, LA TRIADA DE ORO.

The january presentation states that only 6 mining properties have exploitation permits. What we need to know is which properties have exploitation permits, and which ones CBJ will have to drop.

If CBJ holds the 9 properties above mentioned, as is supposed to happen, then we will hold full resources. We just need some more information and an overlaping map to clear this mess.. 


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