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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

Bullboard Posts
Post by jjeeddoo7on Aug 30, 2016 11:16am
278 Views
Post# 25191108

yup

yup
Mine Highlights:
  • The main access and production decline has progressed to 370m in length and the first ore production level has been established approximately 300m from the decline surface collar;
  • The initial production level is under development to mine ore ahead of mill commissioning.  High grade ore is being stockpiled from this development, along with lower grade ore for the commencement of commissioning;
  • The decline encountered difficult ground conditions through the saprolite and transitional ground for longer than anticipated, but development is now in competent granodiorite and progressing well
Bullboard Posts