Red Lake Gold Inc. is pleased to announce that it has executed a definitive agreement with a subsidiary of Barrick Gold Corp. whereby Red Lake Gold has granted the right to Barrick Gold, as operator, to earn-in on its Whirlwind Jack project situated near Red Lake, Ontario, Canada . "Today's announcement is a milestone event for Red Lake Gold and its Whirlwind Jack Gold Project. We have been focused and patient in [...]
Red Lake Gold Inc. announces that it has granted an aggregate of 800,000 incentive stock options, having an exercise price of $0.25 each, to certain officers, directors and consultants of the Corporation. The incentive stock options shall vest immediately, are exercisable for a period of 60 months and are subject to the policies of the Canadian Securities Exchange and the terms of the Corporation's stock option plan. On [...]
Red Lake Gold Inc. is pleased to announce the appointment of Nicholas Koo, CPA, CA as Chief Financial Officer of the Corporation and Dong Shim, CPA, CA, as Controller of the Corporation. "We are pleased to expand and strengthen our financial reporting team with the welcoming of Nicholas Koo, CPA, CA as Red Lake Gold's new CFO. Nicholas will be supported by our concurrent appointment of Dong Shim, CPA, CA as Red Lake [...]
Red Lake Gold Inc. is pleased to announce that the Corporation and its wholly-owned subsidiary Fenelon Gold Inc. have contracted Precision GeoSurveys Inc. to perform a high-resolution aeromagnetic exploration survey at the Fenelon North Gold Project in Quebec. The Fenelon North Gold Project is situated immediately adjacent to the Fenelon Gold Project being advanced by Wallbridge Mining Company Ltd.. "As we work towards [...]
Red Lake Gold is pleased to announce the closing of its previously announced spin-out transaction with respect to Alma Gold Inc. The spin-out transaction was completed by way of a statutory plan of arrangement pursuant to section 288 of the Business Corporations Act, involving Red Lake Gold, Alma Gold and the shareholders of Red Lake Gold. Pursuant to the Arrangement, common shares of Red Lake Gold outstanding immediately [...]
Red Lake Gold is pleased to announce that it has received court approval by way of a final order granted by the Supreme Court of BC on Oct 29th, 2020 enabling Red Lake Gold to proceed with the completion of its spin-out of Alma Gold to shareholders. The Corporation advises that the distribution of common shares of Alma Gold Inc. to shareholders is expected to occur on or about Nov 6, and applies to shareholders as at the [...]
Red Lake Gold Inc. is pleased to announce that its recently completed soil sampling program has identified MMI gold anomalies at its Whirlwind Jack Gold Project, the most prominent of which cluster within a magnetic low corridor along the LP Fault . "While early-stage, we are obviously very pleased that results from our inaugural soil sampling program have outlined a number of high-priority MMI gold anomalies that appear [...]
Red Lake Gold is pleased to report that all matters put forth to shareholders at its annual general and special meeting held earlier today in Vancouver have been overwhelmingly approved. A total of 7,480,091 common shares were cast at the Meeting either in-person or by proxy representing 23.495% of the issued and outstanding shares of the Corporation at the meeting record date. Voting result particulars were as follows [...]
Red Lake Gold Inc. is pleased to announce that it has commenced a large-scale, high-resolution aeromagnetic survey at its Whirlwind Jack Gold Project situated near Red Lake, Ontario. The Whirlwind Jack Gold Project is a district-scale gold exploration project covering more than 21,000 ha across 1,042 mining claims. The project is located adjacent to the 9,140 ha Dixie Gold Project being advanced by [...]
Red Lake Gold Inc. 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 [...]
Red Lake Gold Inc. is pleased to announce that its wholly-owned subsidiary Alma Gold Inc. has discovered multiple gold-in-soil anomalies at the Clarence Stream North Gold Project following an inaugural phase one exploration program . "We are excited to have discovered three distinct gold-in-soil anomalies based on the first phase of exploration at the project by our subsidiary, Alma Gold Inc. These gold-in-soil anomalies [...]
Field Follow-Up to 2019 Airborne Survey Now Underway Red Lake Gold Inc. is pleased to report that the Corporation has commenced field exploration at its Whirlwind Jack Gold Project near Red Lake, Ontario. The Whirlwind Jack Gold Project is on-trend and shares a common claim boundary with Great Bear Resources Ltd.'s Dixie Gold Project. "We are pleased to report that field exploration is underway at Red Lake Gold's flagship [...]