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Red Lake Gold Reports Strong Gold-In-Soil Results and Highlights Multi-Kilometric LP Fault Gold Target Setting
Vancouver, British Columbia – TheNewswire - November 21, 2024 - Red Lake Gold Inc. (CSE: RGLD)(“Red Lake Gold” or the "Corporation") reports upon the material r
About this update from Red Lake Gold Inc
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - November 21, 2024 - Red Lake Gold Inc. (CSE: RGLD)(“Red Lake Gold” or the \"Corporation\") reports upon the material results (and the Corporation’s related analysis) pertaining to the recent phase two soil sampling program and the prospecting program which were both undertaken this fall at Red Lake Gold’s Whirlwind Jack Gold Project (“Whirlwind Jack” or “Whirlwind Jack Project”) located near Red Lake, Ontario (see also news release, Red Lake Gold Inc. Deploys Prospecting and Soil Sampling Teams to Priority Areas at Whirlwind Jack, dated October 1, 2024). Said results are detailed and discussed herein. Regional Overview Red Lake Gold is focused on Whirlwind Jack and is of the opinion that the project shares a multitude of geological features with the adjoining Great Bear Project (“Great Bear”) being independently advanced by Kinross Gold Corporation, including: LP Fault Coverage (exceeding 9km on Red Lake Gold’s Whirlwind Jack); Geophysical Magnetic Low Corridor (interpreted to be felsic lithologies due to a similar magnetic low that is coincident with felsic lithologies at the adjacent Great Bear Project); High Strain Felsic Lithologies (discussed within Field Prospecting Highlights below, felsic lithologies confirmed as present on both the Great Bear Project and Whirlwind Jack Project). In addition, Whirlwind Jack is now further highlighted by the strong gold-in-soil results presented in this news release (see Soil Sampling Highlights and summary Figure 3 below), which expand upon the phase one gold-in-soil results previously disclosed (see news release, Red Lake Gold Inc. Identifies Gold-In-Soil Anomalies, Highlights Multi-Kilometre Target Area Adjoining LP Fault, dated August 13, 2024). The gold-in-soil results reported herein (see Soil Sampling Highlights and summary Figure 3 below) are within a multi-kilometre area corresponding to the central portion of Whirlwind Jack’s magnetic low, which coincidently is similar in terms of project positioning to the adjoining Great Bear Project (where the central portion of that project’s respective LP Fault strike length coverage has been the adjacent project holder’s focus). The centre of the Whirlwind Jack gold-in-soil anomaly is approximately 15km from the centre of the Great Bear Project gold discovery. Ge...