Red Eagle Announces 10.7 Metres at 8.9 Grams of Gold Per Tonne Intersected

Gold Investing

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.

Click here to read the full press release.

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