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Red Lake Gold Inc C.RGLD

Red Lake Gold Inc. is a Canada-based junior mining exploration company. The Company’s principal business activities include the acquisition and exploration of mineral property assets. It is focused on high-impact gold exploration through its 21,238-hectare district-scale Whirlwind Jack gold project situated near Red Lake, Ontario. Its projects include Whirlwind Jack Gold Project, Fenelon North Gold Project, Preston District Uranium Project, and Celt Lake Lithium Project. The Whirlwind Jack Gold Project is a district-scale gold exploration project located near Red Lake, Ontario. The Fenelon North Gold Project is situated within the core of the Fenelon gold district. The Preston District Uranium Project, which consists of over 11 mining licenses totaling approximately 56571 hectares, is located in the Athabasaca Basin region of Saskatchewan. The Celt Lake Lithium Project is located in Red Lake Mining District, Ontario, Canada. The Celt Lake Lithium Project has approximately 500 claims.


CSE:RGLD - Post by User

Comment by dacreon Oct 13, 2018 11:09pm
80 Views
Post# 28796281

RE:Quality Properties, Insider Buying, Low Float

RE:Quality Properties, Insider Buying, Low FloatIt’s the geophysical map that’s interesting.  If you look to the western boundaries you’ll see a red band (mag high) that trends northeast then looks as if it’s folded back.  The property splits in two to follow the two limbs or bands.  Where they bend could very well be a fold nose/hinge much like that on GBR’s property.  Also interesting that the property provided a grab sample of 7 g gold, and I believe that was dated 1946.  So, no the sure how much work has been done recently.

On another note, I see the company has filed a prospectus to issue the 8 million shares to the owners of Pinot Gold, the private company that Pivit is taking over to acquire the Whirlwind Jack property.
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