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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

Post by SuneeDazeon Aug 21, 2019 8:05am
52 Views
Post# 30049504

GBR Talks Us Up...

GBR Talks Us Up......well, not specifically.  But Chris Taylor in a recent nr did make a number of revelations that bode well for RGLD.  

A few comments that relate to us...

"...the Bear-Rimini and Yuma zones. The two new zones are hosted within, and adjacent to, a major crustal-scale deformation zone called the LP fault. This structure is a major interpreted gold mineralization control that traverses the Dixie claims along approximately 18 kilometres of strike length...."

"...The area of the LP fault and North fault that is prospective for gold mineralization covers a district-scale target of approximately 50 square kilometres that is simply too large to explore through drilling alone..."

"...
drilling of the LP fault has also been very encouraging and we plan to move all three of our drills to various targets along the structure..."
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