Red Lake Gold is pleased to announce that it intends to conduct a non-brokered private placement by way of the issuance of 2,500,000 common share units at a price of $0.30 per Unit to raise gross proceeds of $750,000. Each Unit shall consist of one common share and one-half of a common share purchase warrant exercisable at $0.45 per common share for a period of twenty-four months from the date of closing. The Financing is [...]
Red Lake Gold is pleased to announce certain corporate developments. Intent to Spin-Out Alma Gold. The Corporation advises that it has incorporated a wholly-owned subsidiary. Alma Gold has executed an option agreement to acquire a 100% interest in the Chambers Settlement Gold Project from Avalon Gold Resources, an arm's-length party based in Toronto. The Chambers Settlement Gold Project has had recent exploration thereon [...]
Red Lake Gold Inc. Triples Size of Its District-Scale Fenelon North Gold Project Red Lake Gold Inc. is pleased to announce that it has entered into an arm's length purchase agreement for a large portfolio of mining claims in Québec, the result of which more than triples the area size of its Fenelon North Gold Project. The Fenelon North Gold Project is adjacent to Wallbridge Mining Company Limited's flagship Fenelon gold [...]
Red Lake Gold Inc. is pleased to announce the filing of a technical report for the Whirlwind Jack Gold Project near Red Lake, Ontario, entitled, "Technical Report On the Whirlwind Jack Property Red Lake Mining Division Northwestern Ontario". The Report is dated March 1, 2020 and was prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects . The Report is available for review [...]
Red Lake Gold Inc. is pleased to announce that it has entered into an arm's-length agreement to acquire the Fenelon North Gold Project which is situated near mining projects being advanced by Wallbridge Mining Company Limited and Great Thunder Gold Corp. . "Among other features, the Fenelon North project has substantial coverage of the Jeremie Pluton which is an intrusive structure that has recently come to be understood [...]
Red Lake Gold Inc. is pleased to announce that it has released a newly expanded and revised company website designed to enhance shareholder communication. The website may be accessed at: http://www.redlakegold.ca "The launch of the company's new website is part of our continued efforts to engage our shareholders as well as our community stakeholders. We look forward to launching social media conduits in the near future [...]
Red Lake Gold Inc. is pleased to provide the results of its inaugural airborne survey at its Whirlwind Jack Gold Project situated near Red Lake, Ontario. "We are pleased with the high-quality sub-surface imaging that resulted from our 2,045 line-km magnetic survey which was completed during the fourth quarter. The results provide demonstration of the continuity of the LP Fault structure extending on to Red Lake Gold's [...]
Red Lake Gold Inc. is pleased to confirm that its Whirlwind Jack Gold Project situated near Red Lake, Ontario is host to a number of VMS targets identified by past operators that have not been drill tested and which provide additional exploration prospects for Red Lake Gold. "Whirlwind Jack represents a district-scale tenure position with exciting independent and regionally-affiliated exploration opportunities. While we [...]
Red Lake Gold Inc. is pleased to announce that it has commenced a large-scale, helicopter-borne high-resolution aeromagnetic survey at its Whirlwind Jack Gold Project situated near Red Lake, Ontario. Red Lake Gold's Whirlwind Jack Gold Project is adjacent to and geologically along strike of the Dixie Gold Project being advanced by neighbouring exploration company Great Bear Resources Ltd. The aeromagnetic survey is being [...]
Red Lake Gold Inc. is pleased to report that it has resumed all field exploration at its Whirlwind Jack Gold Project. For further information, please consult the Corporation's news release, Red Lake Gold Inc. Commences Field Exploration at Whirlwind Jack Gold Project, dated September 18, 2019. The Corporation extends its appreciation to the company's in-field geological personnel as well as to local contractors for their [...]
Red Lake Gold Inc. provides the following corporate statement following the declaration of a State of Emergency in Red Lake, Ontario. "Since deploying our personnel this past week, the Municipality of Red Lake and nearby region have suffered from abnormal and extreme weather, culminating in a severe storm last night that resulted in a State of Emergency being declared today by the municipality. Winds in excess of 120km/hr [...]
Red Lake Gold Inc. is pleased to report that it has commenced inaugural exploration of its Whirlwind Jack Gold Project situated near Red Lake, Ontario. The Corporation's Whirlwind Jack Gold Project is adjacent to and geologically along strike of the Dixie Gold Project being advanced by neighbouring exploration company Great Bear Resources Ltd. "Red Lake Gold is the largest owner of mineral claims in the emerging Dixie/LP [...]
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