Business
Red Lake Gold Inc. Receives Crown Grants, Highlights SaskGold Project
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2025) - Red Lake Gold Inc. (CSE: RGLD) ("Red Lake Gold" or the "Corporation" or the "Issuer") is pleased to report that it has received Crown approval of its license applications in Saskatchewan, which were pending at last report to the market (see Issuer news release, Red Lake Gold Inc. Reports Submission of Material License Applications in Saskatchewan, dated July 3, 2025), with such resulting mineral dispositions ...
About this update from Red Lake Gold Inc
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":1,"height":1,"url":"https://www.newsfilecorp.com/newsinfo/259111/202"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_Z9QBcSS6DJ.u98MllZOJQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2O2g9MzY7Y2Y9d2VicA--/https://www.newsfilecorp.com/newsinfo/259111/202","width":1,"height":1}},"lazy":false},{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - July 17, 2025) - Red Lake Gold Inc. (CSE: RGLD) ("Red Lake Gold" or the "Corporation" or the "Issuer") is pleased to report that it has received Crown approval of its license applications in Saskatchewan, which were pending at last report to the market (see Issuer news release, Red Lake Gold Inc. Reports Submission of Material License Applications in Saskatchewan, dated July 3, 2025), with such resulting mineral dispositions now forming, in their aggregate, the Issuer's new SaskGold Project.","length":577,"tagName":"p"},{"type":"text","content":"The SaskGold Project provides the Issuer with material exploration opportunities in Saskatchewan - including optionality to high-impact gold regions discussed below - and is expected to provide a forward-moving focus for the Issuer.","length":232,"tagName":"p"},{"type":"text","content":"Saskatchewan has recently ranked as the 3rd most attractive jurisdiction worldwide for mining investment (according to the Fraser Institute, https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2023). On top of the jurisdictional attractiveness of Saskatchewan, the Issuer's SaskGold Project is viewed by the Issuer to be materially underexplored therein providing blue-sky exploration opportunities.","length":425,"tagName":"p"},{"type":"text","content":"The SaskGold Project is presently comprised of two sub-areas that represent an aggregate total license-held area of approximately 83,832 ha (approximately 207,064 acres), providing the Issuer with a large district-scale platform for gold and base metal exploration.","length":265,"tagName":"p"},{"type":"text","content":"In addition, the SaskGold Project is held free-and-clear of any royalty encumbrances (save to the Crown under law).","length":115,"tagName":"p"},{"type":"text","content":"As further discussed herein, the SaskGold Project ...