Red Eagle Intersects 7.16 Metres at 28 Grams of Gold Per Tonne

Red Eagle Mining (TSXV:RD) has announced results from the ongoing ore production stope delineation drilling at the San Ramon Gold Mine in Colombia.
As quoted in the press release:

The results from the initial 44 holes (SRD-0001 to SRD-0044) were previously announced.  An additional 6 holes have been completed (SRD-0045 to SRD-0050) with highlights including intersections:

• SRD-0046 – 12.56m at 7.66 g/t Au from 67.64m down hole (incl. 1.05m at 48.70 g/t Au)
• SRD-0046 – 9.68m at 7.89 g/t Au from 94.70m down hole (incl. 0.70m at 48.88 g/t Au)
• SRD-0046 – 2.07m at 42.62 g/t Au from 130.70m down hole
• SRD-0047 – 5.21m at 7.47 g/t Au from 93.15m down hole (incl. 1.41m at 19.18 g/t Au)
• SRD-0049 – 7.16m at 29.03 g/t Au from 131.82m down hole (incl. 2.31m at 73.96 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 4and Figure 5– 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.