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West Red Lake Gold Mines Inc Com RLGMF

West Red Lake Gold Mines Inc is a mineral exploration company. It is engaged in acquiring, exploring, and developing mineral properties in Red Lake Gold District, Canada. The company involves in mining several gold projects across Canada, which includes West Red Lake Project, Rowan Mine, Mount Jamie Mine, and Red Summit Mine.


EXPM:RLGMF - Post by User

Post by NickelOneon Dec 30, 2019 8:37pm
192 Views
Post# 30503500

Drill results and next financing

Drill results and next financingAs a recent buyer in this company, I am looking forward to seeing the drill results which will be more than likely be published mid to late January. Based on the note in their previous PR:"The drill program intercepted targeted gold zones in the locations where expected at the outset of the exploration program" I anticipate some decent grades over meaningful widths. It looks like they have a very good understanding of the geology, which can add ounces very quickly. And there is a hinge zone in play, which can surprise to the upside in a big way... Depending on the drill results, a new drilling campaign may start as early as Q2 of 2020, subject to upcoming financing. GLTA
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