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Red Eagle Mining Corp.
Summary
| Project: | Santa Rosa | |
|---|---|---|
| Deposit: | San Ramon | |
| Location: | Colombia | |
| Commodities: | Gold | |
| Date: | 12/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 6-12-2017: Red Eagle Mining Corp. announces an Exploration/Drilling Update report for its San Ramon deposit at the Santa Rosa project. Drilling results incl. 7m @ 11.57g/t Au from 37.2m. VANCOUVER, British Columbia, Dec. 06, 2017 -- Red Eagle Mining Corpo | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jeff Toohey (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Dec. 06, 2017 -- 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 95 surface collared stope delineation drill holes (SRD-0001 to SRD-0095) and the results from 43 underground stope delineation holes (SRDU-0001 to SRDU-0043) were previously announced. Results from 53 additional underground stope delineation holes have been received (SRDU-0044 to SRDU-0096) with highlights including intersections: Three underground diamond drill rigs have completed 13,200 metres in 156 stope delineation holes with assays pending on holes SRDU-0097 to SRDU-0160. As was observed in the production stope delineation drilling to date, the results from the current underground production stope delineation drilling have returned 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, Figure 1 – Drill Hole Plan, Figure 2, Figure 3, Figure 4, and Figure 5 – Cross Sections. Drill assays were composited by length-weighted averaging into intersections using a 2 g/t Au cut-off grade. Due to the mining method and mining selectivity contemplated for the deposit, internal dilution was included in some intersections where considered appropriate for mining continuity. For photographs of the drill core see Red Eagle Mining’s photostream on flickr | |
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