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Red Eagle Mining Intersects 11.5 Metres at 7.25 Grams Gold Per Tonne and 0.8 Metres at 169 Grams Gold Per Tonne

Red Eagle Mining Intersects 11.5 Metres at 7.25 Grams Gold Per Tonne and 0.8 Metres at 169 Grams Gold Per Tonne.

articleRed Eagle Mining CorpAugust 16, 20163/company/red-eagle-mining-corporation/news/red-eagle-mining-intersects-115-metres-at-725-grams-gold-per-tonne-and-08-metres-at-169-grams-gold-per-tonne
Red Eagle Mining Intersects 11.5 Metres at 7.25 Grams Gold Per Tonne and 0.8 Metres at 169 Grams Gold Per Tonne

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[{"type":"text","content":"\n\n\n\nRed Eagle Mining Intersects 11.5 Metres at 7.25 Grams Gold Per Tonne and 0.8 Metres at 169 Grams Gold Per Tonne\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nRed Eagle Mining Intersects 11.5 Metres at 7.25 Grams Gold Per Tonne and 0.8 Metres at 169 Grams Gold Per Tonne\nPR Newswire\nVANCOUVER, Aug. 16, 2016\n\n\n\nVANCOUVER, Aug. 16, 2016 /PRNewswire/ - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce results from ongoing ore production stope delineation drilling at the San Ramon Gold Mine, Santa Rosa Gold Project, Antioquia, Colombia.  The results from the initial 5 holes (SRD-0001 to SRD-0005) were previously announced.  An additional 18 holes have been completed (SRD-0006 to SRD-0023) with highlights including intersections:\n\n\nSRD-0010 - 11.48m at 7.25 g/t Au from 100.50m down hole (incl. 1.89m at 19.05 g/t Au) \nSRD-0017 - 5.10m at 12.27 g/t Au from 93.90m down hole (incl. 1.46m at 29.94 g/t Au) \nSRD-0018 - 1.35m at 50.11 g/t Au from 71.85m down hole \nSRD-0020 - 10.60m at 4.22 g/t Au from 36.70m down hole (incl. 3.40m at 6.36 g/t Au) \nSRD-0021 - 0.80m at 168.91 g/t Au from 92.60m down hole\n\nResults 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 and 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 appropr...

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