Red Eagle Mining intersects 7 metres at 11.57 grams gold per tonne
Thursday, Dec 07, 2017
Red Eagle Mining Corporation 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:

  • SRDU-0055 – 2.05m at 17.08 g/t Au
  • SRDU-0068 – 3.35m at 12.04 g/t Au
  • SRDU-0069 – 0.35m at 166.06 g/t Au
  • SRDU-0078 – 3.05m at 15.61 g/t Au (including 0.60m at 60.41 g/t Au)
  • SRDU-0084 – 0.25m at 94.79 g/t Au
  • SRDU-0086 – 0.40m at 83.34 g/t Au
  • SRDU-0087 – 4.55m at 7.25 g/t Au (including 0.55m at 29.63 g/t Au)
  • SRDU-0090 – 2.20m at 25.32 g/t Au (including 0.50m at 74.95 g/t Au)
  • SRDU-0093 – 3.00m at 9.71 g/t Au
  • SRDU-0094 – 0.80m at 39.03 g/t Au
  • SRDU-0096 – 7.00m at 11.57 g/t Au

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.

For more information, please visit: http://www.redeaglemining.com/

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