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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 May 16, 2017 11:27am
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Post# 26249770

RE:RE:NICELY TIMED!

RE:RE:NICELY TIMED!One thing is key. They have capacity to process 1200 tonnes which is more than the original 750 tons per day.  This means they could produce well over 80,000 ounces in 2018 of the higher grade [7-8 grams per tonne] ore. This is without the expansion. However they also need to prove up more reserves and I hope the drilling which is ongoing is positive. It has been ongoing for 6 months?

  
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Dealroom for high-potential pre-IPO opportunities