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Red Eagle Mining Corp.

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Summary

Project:

Santa Rosa

Deposit:San Ramon
Location:Colombia
Commodities:Gold
Date:4/23/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:23-4-2018: Red Eagle Mining Corp. announces an Exploration/Drilling Update report for its San Ramon deposit at the Santa Rosa project. Drilling results incl. 0.80m @ 108.55g/t Au from 69.5m. VANCOUVER, British Columbia, April 23, 2018 -- Red Eagle Mining
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David G. Thomas (Internal)
ABSTRACT:VANCOUVER, British Columbia, April 23, 2018 -- Red Eagle Mining Corporation (TSX:R) (BVL:R) (OTCQX:RDEMF) is pleased to announce results from ongoing underground delineation drilling at the San Ramon Gold Mine, Santa Rosa Gold Project, Antioquia, Colombia. Results from 19 additional underground delineation holes have been received (SRDU-0232 to SRDU-0250). Results continue to return intercepts with grades significantly higher than the reserve grade of 5.2 g/t Au with highlights including intersections: 21,688 metres of underground diamond drilling in 250 stope delineation holes have been completed. The results from 231 underground stope delineation holes (SRDU-0001 to SRDU-0231) were previously announced. For complete drilling results, please see Table 1 - Drill Hole Intersections, Table 2 - Drill Hole Specifications, Figure 1 - Long Section, Figure 2 and Figure 3 - Cross sections. 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. Quality Assurance and Quality Control 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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