Red Lake Gold Inc C.RGLD

GBR: 3 Drills on LP Fault

[dacre]

I find it quite interesting and positve for RGLD that GBR has assigned all 3 drills to the LP Fault.  The fact that they would pull drills off the other 5 or 6 zones...whatever they're up to...including the rich Dixie Hinge Zone that started all the excitement speaks volumes.  It's clear they believe in the potential of the LP Fault.

According to a recent interview with Chris Taylor of GBR, they have drilled off 2.5 kms (maybe 3.5 kms, hard to hear him) of the 18 km fault, and have intersected gold in every hole.  In the interview below, he discusses the zone's potential and draws some comparisons to Hemlo.

As we know, there's one other property in which it looks like the LP fault runs onto...and that's RGLD's Whirlwind Jack property.  

Have a listen....from about 4 min to 6 min or so.

https://www.youtube.com/watch?v=XiO1ZRc7-us

[Galaxym31]

Wow what an interview 3 rigs drilling the LP fault over 2.5 km. as of THIS INTERVIEW, ALL HOLES WITH VISIBLE GOLD, LP fault at least 18 KM. long ,comparing it to the great Hemlo discovery ( 21 MILLION oz.)

[SuneeDaze]

Quite impressive for sure.  Like others have said, we really don't know the scale of this deposit that GBR is outlining.  It's just a matter of how immense it will be, and it will be immense. We're clearly in for an exciting few weeks of anticipation and speculation. What makes our situation here even more exciting is that I agree with dacre.  It's difficult

[dacre]

Ya.  I don't think people yet realize the potential here.  How this could blow up...in a good way.  I've been investing for about 30 years and every blue moon you get a plays  like this where every company within a 100 km radius will jump simply on location and speculation.  We are literally on the doorstep to what is looking like a major deposit.  And not