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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 Aug 21, 2019 5:26pm
65 Views
Post# 30052413

RE:RGLD-Wedged Between Bonanza Gold Properties

RE:RGLD-Wedged Between Bonanza Gold PropertiesThis is a really good point especially if comparing those area plays.  

When you you think that RGLD is on trend with the LP fault and BR zone to the southeast and to the north there's PAC and Madsen.  With gold bearing zones and properties on either side of RGLD's Whirlwind Jack property you got to like our chances of discovery.

Liking this more and more...

SuneeDaze wrote: Most of our discussion on the board has related to GBR, and how our property is on strike with their zones (e.g. Bear Rimini) and the LP Fault, and deservedly so.

What we tend to forget is that to the north, we are bordered by PAC that has returned recent grab samples up to 126.5 g/t gold and historic samples grading as high as 133 g/t gold.  Also to our north-northwest is the historic Starrat-Olsen Mine and Pure Gold's Madsen Mine which has a resource of 2 million ozs +.  

Again, if it hasn't been said before, RGLD's Whirlwind Jack property is right in the middle of elephant country, wedged between prolific GBR's Dixie property and PAC...and on trend as well between Dixie and Pure Gold's Madsen Mine, making it the only property as such.


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