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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 diabase1on Sep 08, 2019 12:24pm
73 Views
Post# 30106528

RE:RE:RE:RE:Fault!

RE:RE:RE:RE:Fault!Point well taken Dacre. Back when, only a very small area of the RGLD property was looked at. It was probably done with no real sense of where, if any, faults were located. We now have a very accurate magnetic map, showing where the extention of the LP fault is located. With respect to GBR, they had a lot of good data from other operators (Teck Resources). GBR just followed up on what Teck did. They did re-interpret the data to come up with the Hinge Zone. Maybe a compilation of both the existing geology and magnetics together would be of some help. The magnetic data can be re-worked to come up with a more accurate picture of where the LP fault may be!! Knowing how and what GBR did in their initial stages would help too. Ask a few questions. Where there's one orebody, there's usually more nearby. 
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