CSE:RLG$0.140

Projects

West Red Lake Project

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Project
Project
 

West Red Lake Project Highlights

  • 3100 hectare property encompassing three former gold mines:
    • Rowan Mine
    • Red Summit Mine
    • Mount Jamie Mine
  • Property has a 12km strike length and falls along the intersection of key geological structures - Pipestone Bay St Paul Deformation Zone, Golden Arm Structure, and the NT Zone
  • Major gold deposits in the Red Lake Gold District are associated with regional scale deformation zones
  • Exploration work is focused on drilling high grade gold zones on the Rowan Mine property (RLG owns 60% and is the operator; Goldcorp owns 40%)
  • Potential to upgrade and increase the current inferred resource (Feb. 2016 NI 43-101)

The Company property is situated on the Red Lake Archean Greenstone Belt, which hosts the high-grade gold mines of the Red Lake Gold District.

The 3100 hectare West Red Lake Project has 12km of strike length on the regional east-west trending Pipestone Bay St Paul Deformation Zone. Three former gold mines - Rowan Mine, Mount Jamie Mine, and Red Summit Mine - are all situated along the deformation zone on the Company property.

A second regional gold bearing structure, the NT Zone, trends northeast on to the property and intersects with the Pipestone Bay St Paul Deformation Zone approximately 1km east of the Rowan Mine.

Twenty km to the east of the West Red Lake Project a similar intersection of two regional gold bearing geological structures occurs close to the world-class Red Lake Mine and Campbell Mine, providing a favourable geological model. This similar structural intersection illustrates the significant exploration potential for high-grade gold zones on the Company’s West Red Lake Project.

Exploration work is focused on drilling high grade gold zones at the West Red Lake Project.

Geologically, the West Red Lake Project is situated at the west end of the Red Lake Gold District which is comprised of a series of six metavolcanic/metasedimentary supracrustal assemblages intruded by several bodies of variable size, form, and composition. All of the assemblages have undergone several phases of deformation and metamorphism. The rocks, of Mesoarchean and Neoarchean age, form part of the larger Uchi Subprovince of the Superior Province of the Canadian Shield. At least two major deformation events have affected the rocks of the Red Lake Gold District resulting in the generation of interference fold structures on all scales. Major gold deposits in the Red Lake Gold District are associated with regional scale deformation zones. The most significant deposits occur where two of the regional structures intersect.

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