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Red Eagle Mining Corp.

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Summary

Project:

Santa Rosa

Deposit:San Ramon
Location:Colombia
Commodities:Gold
Date:2/13/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:13-2-2018: Red Eagle Mining Corp. announces an Exploration/Drilling Update report for its San Ramon deposit at the Santa Rosa project. Drilling results incl. 1.3m @ 82.66g/t Au from 34m. VANCOUVER, British Columbia, Feb. 13, 2018 -- Red Eagle Mining Corpo
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David G. Thomas (Internal)
ABSTRACT:VANCOUVER, British Columbia, Feb. 13, 2018 -- Red Eagle Mining Corporation (TSX:R) (BVL:R) (OTCQX:RDEMF) is pleased to announce results from ongoing underground stope delineation drilling at the San Ramon Gold Mine, Santa Rosa Gold Project, Antioquia, Colombia. The results from 96 underground stope delineation holes (SRDU-0001 to SRDU-0096) were previously announced. Results from 91 additional underground stope delineation holes have been received (SRDU-0097 to SRDU-0195) with highlights including intersections: Three underground diamond drill rigs have completed 18,359 metres in 207 stope delineation holes with assays pending on holes SRDU-0196 to SRDU-0207. The results from the current underground production stope delineation drilling continue to return intercepts with grades significantly higher than the reserve grade of 5.2 g/t Au. For complete drilling results, please see Table 1 – Drill Hole Intersections, Table 2 – Drill Hole Specifications. Note that six drill holes are not reported in Table 1 as they are being re-assayed with results pending. Drill assays were composited by length-weighted averaging into intersections using a 2 g/t Au cut-off grade. For photographs of the drill core see Red Eagle Mining’s photostream on flickr All technical information for Red Eagle Mining’s Santa Rosa Gold Project is obtained and reported under formal quality assurance and quality control (“QA/QC”) procedures and guidelines. Red Eagle Mining’s procedures are designed to meet or exceed C.I.M. “Best Practices Guidelines” and National Instrument 43-101 standards of disclosure. QA/QC protocols for drill core sampling and assaying include the insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) to validate the accuracy and precision of the assay results.

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