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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 SuneeDazeon Nov 09, 2019 7:49am
76 Views
Post# 30330948

RE:RE:Field Update

RE:RE:Field UpdateDacre,

That mag map you see is a portion of a large scale regional survey, probably performed by the government, I’m guessing.  

The helicopetr mag survey we are currently conducting will be at a much more detailed scale. We’re flying 2100 km at 50 m spacings.  Structures (faults, folds), contacts, rock lithology signatures will be more detailed and precise, and could actually be used to accurately plot drill holes to intersect these structures.

At this time of year, it’s an effective, useful use of funds...lots of bang for the buck...and will look pretty on our website!

Have a good weekend!
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