Red Lake Gold Inc. Announces 2,715 Line-KM Heli-Borne Geophysical Survey Underway at the Whirlwind Jack Gold Project, Red Lake
Red Lake Gold Inc. Announces 2,715 Line-KM Heli-Borne
Geophysical Survey Underway at the Whirlwind Jack
Gold Project, Red Lake
Vancouver, British Columbia, September 28, 2020 – Red Lake Gold Inc. (CSE:
RGLD)(FWB:P11)(“Red Lake Gold ” or the " Corporation") 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 Great Bear Resources Ltd.
“Red Lake Gold continues to demonstrate our active exploration focus at our flagship Whirlwind
Jack Gold Project near Red Lake, Ontario. We are fortunate to have such a high-impact gold
exploration project based on the first 12km of LP Fault strike extent already defined by our
geophysical survey last fall. By covering the remainder of our project with high-resolution
proprietary geophysics, all of which compliments our in-field exploration, we believe we are set
to expand the potential of Red Lake Gold’s Whirlwind Jack Gold Project by prospectively
delineating additional LP Fault strike-length coverage, which in turn would further increase the
magnitude of our target areas for gold exploration. Red Lake Gold’s project is an exciting
opportunity for our shareholders and we look forward to continuing to advance our exploration
efforts,” stated Ryan Kalt, Chief Executive Officer of Red Lake Gold.
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About the Geophysical Survey
The fall 2020 airborne geophysical survey will cover a planned 2,715 line-kilometres, performed
using 50m spacing.
Figure 1: Map of the Fall 2020 Geophysical Survey at the Whirlwind Jack Gold Project (coverage area).
The heli-borne geophysical survey is being flown in a systematic low-level grid pattern with
coverage of the majority of the Whirlwind Jack Gold Project, area of which is located to the west
of the mag coverage area previously flown by Red Lake Gold in 2019 (see also news release, Red
Lake Gold Inc. Retains Precision GeoSurveys for a 2,715 Line-KM Geophysical Survey at the
Whirlwind Jack Gold Project, Red Lake, dated September 14, 2020).
The fall 2020 mag survey started at the completion point of the Company’s prior 2019 phase one
geophysical program (see news release, Red Lake Gold Inc. Commences 2,045 Line KM High-
Resolution Aeromagnetic Survey at Whirlwind Jack Gold Project, dated November 8, 2019).
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This new 2,715 line-kilometre geophysical exploration program will add proprietary geophysical
data covering another 123.4 km2 of the district-scale 211.8 km2 Whirlwind Jack Gold Project.
The mag survey utilizes four Scintrex CS-3 cesium vapor magnetometer sensors in a custom-
designed non-magnetic and non-conductive survey bird for triaxial gradient and total magnetic
intensity measurements. Compared to conventional single-sensor survey systems, this design
allows for direct measurement of the magnetic gradient in the X, Y and Z axes with four magnetic
sensors rather than calculating the gradient from one sensor. This eliminates aircraft-induced
noise and provides more structural detail, especially for near-surface targets, without
compromising the total magnetic intensity.
The airborne survey, conducted by Precision GeoSurveys Inc., is being flown at a nominal flight
height of 40m above ground, plus/minus allocated variances.
For additional information on the Whirlwind Jack Gold Project, please visit:
https://www.redlakegold.ca/whirlwind
The Corporation cautions that past results or discoveries on the adjacent property (e.g. Great Bear
Resources’ Dixie Gold Project) may not necessarily be indicative as to the presence of
mineralization on the Corporation's property (e.g. Red Lake Gold’s Whirlwind Jack Gold Project).
Qualified Person
Mr. Garry Clark, P. Geo., of Clark Exploration Consulting, is the “Qualified Person” as defined in NI
43-101, who has reviewed and approved the technical content in this press release.
On Behalf of the Board of Directors
Ryan Kalt
Chairman & Chief Executive Officer
Email: [email protected]
Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements address
future events and conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently expected or forecast in such statements.
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Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of
the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.