Your trusted source for investing success since 2007. Renowned for our market outlook reports and investing guides.
Red Eagle Announces 10.7 Metres at 8.9 Grams of Gold Per Tonne Intersected
Red Eagle Mining (TSXV:RD) has announced results from ongoing ore production stope delineation drilling at its San Ramon Gold Mine, Santa Rosa Gold Project, in Colombia. As quoted in the press release: The results from the initial 23 holes (SRD-0001 to SRD-0023) were previously announced. An additional 21 holes have been completed (SRD-0024 to SRD-0044) …
Red Eagle Mining (TSXV:RD) has announced results from ongoing ore production stope delineation drilling at its San Ramon Gold Mine, Santa Rosa Gold Project, in Colombia.
As quoted in the press release:
The results from the initial 23 holes (SRD-0001 to SRD-0023) were previously announced. An additional 21 holes have been completed (SRD-0024 to SRD-0044) with highlights including intersections:
SRD-0027 – 10.73m at 8.91 g/t Au from 60.66m down hole (incl. 1.20m at 21.39 g/t Au and 1.10m at 35.37 g/t Au)
SRD-0029 – 6.70m at 12.69 g/t Au from 69.80m down hole (incl. 1.40m at 45.06 g/t Au)
SRD-0038 – 8.25m at 5.89 g/t Au from 37.25m down hole (incl. 0.65m at 36.17 g/t Au)
SRD-0038 – 5.45m at 11.53 g/t Au from 54.55m down hole (incl. 0.92m at 30.81 g/t Au)
SRD-0043 – 2.70m at 20.56 g/t Au from 81.20m down hole (incl. 0.93m at 49.26 g/t Au)
SRD-0044 – 4.25m at 20.60 g/t Au from 89.75m down hole (incl. 0.74m at 78.35 g/t Au and 0.45m at 40.21 g/t Au)
Results from the delineation drilling continue to exceed expectations with intercepts significantly longer that the average mining width of 3m and 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 and Figure 2 – Drill Hole Plans, Figure 3 – Long Section and Figure 4, Figure 5 and Figure 6 – Cross Sections. True widths are estimated to be 70-90% of the intersections and vertical depths are estimated to be 70-90% of the drilled depths reported below. 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.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1974.44 | -0.77 | |
Silver | 23.39 | -0.07 | |
Copper | 3.60 | -0.06 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 73.81 | +0.90 | |
Heating Oil | 2.37 | +0.02 | |
Natural Gas | 2.33 | +0.01 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.