Thursday, February 23, 2017

Red Eagle Mining - R.t

Red Eagle Mining - R.t is advancing the flagship Santa Rosa project in Columbia.

A Feasibility Study includes $74 million in initial capital costs and cash costs of $596 per ounce. Production started in late 2016.

On February 21, 2017 the company released NEWS

Red Eagle Mining Corp. has closed its previously announced bought deal financing of 20 million common shares at a price of 75 cents per common share for aggregate gross proceeds of $15-million.