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Red Lake Gold Inc. Retains Precision GeoSurveys for a 2,715 Line-KM Geophysical Survey at the Whirlwind Jack Gold Project, Red Lake
VANCOUVER, BC / ACCESSWIRE / September 14, 2020 / Red Lake Gold Inc. (CSE:RGLD) (FWB:P11) ("Red Lake Gold" or the "Corporation") is pleased to announce that it
About this update from Red Lake Gold Inc
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / September 14, 2020 / Red Lake Gold Inc. (CSE:RGLD) (FWB:P11) (\"Red Lake Gold\" or the \"Corporation\") is pleased to announce that it has contracted Precision GeoSurveys Inc. of Langley, British Columbia to perform a large-scale, high-resolution aeromagnetic survey at its Whirlwind Jack Gold Project situated near Red Lake, Ontario. \"The geophysical exploration work last year enabled Red Lake Gold to establish that our Whirlwind Jack Gold Project was host to at least 12 kilometres of the LP Fault structure starting at our contiguous mining claim boundary with Great Bear Resources (whose adjacent Dixie gold project hosts 18 kilometres of the LP Fault structure fully-measured). With Red Lake Gold having already commenced ground exploration this summer inside our first 12 km coverage zone of the LP Fault structure at Whirlwind Jack, our clear objective with this large-scale upcoming geophysical survey is to determine the extent of LP Fault coverage across the remainder of the project. This work will help guide our exploration through the balance of 2020 and into what will be an exciting year ahead for Red Lake Gold. Of importance, our geophysical exploration last fall showed the LP Fault extending from our claim boundary with Great Bear Resources all the way to the limit of the flown survey boundary at Whirlwind Jack. We believe this program will help Red Lake Gold establish that the Whirlwind Jack Gold Project indeed hosts more than the 12km of LP Fault structure identified to-date,\" stated Ryan Kalt, Chief Executive Officer of Red Lake Gold. Upon completion of the planned phase II mag survey, the total line-kilometre geophysical coverage performed by Red Lake Gold on its Whirlwind Jack Gold Project (Red Lake, Ontario) would increase from 2,045 line-kilometers to 4,760 line-kilometers (all contemporaneously performed in a rolling 12-month period). The expanded magnetic survey coverage area would stand Red Lake Gold's Whirlwind Jack Gold Project as one of the largest beneficiaries of modern-day, high-resolution geophysical data when compared to any other gold exploration project in the immediate area. Red Lake Gold's Whirlwind Jack Gold Project is adjacent to and geologically along-strike of the Dixie Gold Project being advanced by neighbouring gold exploration company Great Bear Resources Ltd. For a...