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Red Eagle Mining (TSXV:RD,OTCQX:RDEMF) has begun construction at its San Ramon gold mine in Colombia. The mine is expected to begin production during the second half of 2016.
Red Eagle Mining (TSXV:RD,OTCQX:RDEMF) has begun construction at its San Ramon gold mine in Colombia. The mine is expected to begin production during the second half of 2016.
As quoted in the press release:
Earthworks have commenced with clearing of the ground for the underground mine access and the conventional flotation/carbon-in-leach processing plant. Red Eagle Mining has awarded the bulk earthworks contract to Consorcio San Ramon Proyecto Civil, a joint venture between Gisaico S.A. and Minconstrucciones S.A., Medellin-based infrastructure engineering and construction groups. Minconstrucciones has also completed upgrading the eight kilometre road between paved Highway 25 and the San Ramon Gold Mine.
Red Eagle Mining COO, Bob Bell, said:
Through our team’s hard work, dedication, and continuous engagement with all stakeholders, we have made outstanding progress. Once in production, the San Ramon Gold Mine will be the largest producing gold mine inColombia and aims to set the standards for the future of the gold mining industry in Colombia.