Red Eagle Mining Corp RDEMF

Metals & Mining Industrial Metals & Minerals

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.

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Red Eagle Mining Corp

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Post by Qbar82dvon Feb 08, 2016 11:45am

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Post# 24535607

Small scale mining outside Santa Rosa

I'm sure everyone connected to Red Eagle has wondered about this.

From page 1.2 of official feasibility stu1.2 Exploration and Mining History

The gold potential of the Santa Rosa area was recognized around the year 1600, with gold production from upland placers reaching a peak in the 18th century and mining from high-grade oxide ores peaking in the 1940s. Based on the existence of the extensive abandoned mine workings, past gold production appears to have been significant, but actual historic gold production is unknown. Although small-scale mining by artisanal miners continues some distance outside the San Ramon deposit area, the first known modern mineral exploration activity was begun by Red Eagle Mining in July 2010. Since that time, Red Eagle Mining has undertaken the following exploration activities in the San Ramon deposit area:

Mapping and sampling historic workings and adits;
Grab, channel, and panel sampling of quartz veins and diorite-granodiorite wall rock;
Auger saprolite sampling;
Soil sampling with mobile-metal-ion (“MMI”) analysis, covering over 20 square kilometers;
Helicopter-borne magnetic and radiometric surveying;