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RLKX Analysis & Videos »
RLKX: Bull or Bear?
Red Lake Exploration, Inc. (RLKX.OB) Reports Mining Results from its Santa Rosa Property Located in Chile
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Red Lake Exploration announced a summarization of its results of the contract mining regarding its Santa Rosa copper-gold property in Chile. The Santa Rosa property consists of two mining and exploration concessions, totaling 110 hectares. It is located within the highly prospective Candelaria iron-oxide-copper-gold (IOCG) belt. The strong potential of this property has been confirmed by the identification of multiple mineralized structures with significant alteration indicators of IOCG systems.
Red Lake acquired the option on the Santa Rosa property in February of this year. As term...
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Red Lake Exploration, Inc. (RLXK.OB) is Fully Focused on Chilean Potential
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Canadian company Red Lake Exploration provides mining exploration and development. Previously the company was involved in Canada’s Red Lake mining region, where they explored for mining viability. Since then they have refocused their efforts on Chile’s III region. Chile’s III region is well known for copper, iron, and gold mines.
The company first identifies viable mining land, like the three sites in Chile’s III region. After the sites are identified, they then put options to buy contracts on the properties in accordance with all local laws. They currently have contracts on th< />< />< />< />< />< /><>...
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Red Lake Exploration, Inc. (RLKX.OB) Experiences Record Trading Volume
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In today’s volatile market, investors are looking for somewhere safe to put their money. Gold and other minerals have always been the first haven for investors in time of economic trouble. This time is no different; gold last week hit an all-time high of over $1000 dollars an ounce. Other minerals are trending upward as well. All of this is good news for Redlake Exploration. Yesterday, the stock traded at a record volume, or 330% higher than the average.
As of late last year, the company began mining exploration in the third region of Chile. The company acquired Minera Polymet to ...
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Red Lake Exploration, Inc. (RLKX.OB) Begins Exploration Program at the Camila Copper-Gold Property in Chile
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Red Lake Exploration announced that it has begun exploring its copper-gold rich project in the Candelaria iron-oxide-copper-gold (IOCG) belt of Chile’s coastal cordillera. The exploration program includes the drilling of six holes, totaling about 1,000 metres (or 3,280 feet) of diamond drilling on two previously discovered mineralized structures.
The drilling will focus on depth extents of surface copper mineralization and coincident IP anomalies related with the Camila Breccia project. Grab samples from the region have returned 1.15% Cu. Also planned is a second target along the E...
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Red Lake Exploration, Inc. (RLKX.OB) is “One to Watch”
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Red Lake Exploration, Inc. (RLKX.OB) is focused on acquiring, exploring and developing mineral properties in Chile. The Company’s headquarters are located in Richmond, Canada. Its primary project, the Farellon property, is situated in the promising Canadalaria Iron Oxide Copper Gold belt.
The Management team, comprised of John Di Cicco, Caitlin Jeffs, and Michael Thompson, has great experience working within the mineral exploration industry. Caitlin Jeffs received her Honours B.Sc. in Geology from the University of British Columbia and has worked for a number of junior and major co...
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