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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.


GREY:RDEMF - Post by User

Red Eagle Mining Corp
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Comment by wiseyoungmanon Nov 02, 2016 9:11pm
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Post# 25418919

RE:RE:Zurich Presentation Video

RE:RE:Zurich Presentation VideoJust heard the video now. Looks good. Extension drilling to start this month and other drill is already going on the extension. 

Liked the fact that capacity is actually 1300 tons a day now. Yes, along with the higher grades vs. the BFS, actual ounces produced will significantly exceed 70K next year. 

With us getting cash for about 8K-10K onces by year end and then getting into commercial production, I await drill results from the new target and extension also. Per Ian, drilling at the Canada Rica target was only done to 20M by historical artisanal miners. Looks like another cheap cost mine will be built there to feed the mine plant. 

Ian continues to be excited about CB Gold and Vetas also. I think that depost will be 1M ounces.

GLTA 
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