Red Eagle Mining Operations Update at Santa Rosa

Enero 23 de 2017

Red Eagle Mining se complace en actualizar sobre sus operaciones en el Proyecto aurífero de Santa Rosa en Antioquia, Colombia. El Presidente de la firma, Ian Slater comenta: “Estamos muy complacidos de haber completado el comisionamiento de la planta y producir 1,850 onzas de oro desde que iniciamos. El incremento gradual de la producción avanza y esperamos anunciar el alcance de niveles comerciales de producción para finales del primer trimestre de 2017”

Logros a la fecha:

Mejores prácticas sin mayores incidentes a la fecha

Línea de alto voltaje completada y energizada conectando a la red nacional

Rampas primeria y secundaria con 1.4 km de avance

Completados 60 m de ventilación vertical y conectados a los trabajos subterráneos

Más de 19000 toneladas de mena extraídas

Triturador operando dentro de los parámetros de diseño

Comisionamiento de planta de procesamiento completo, alcanzado tasa de procesamiento de diseño, aumentando gradualmente a medida que se avanza la producción

Gestión de colas de producción completa con acumulameinto de pilas en seco

Recuperación de oro alcanza 93% – En línea para alcanzar tasa de diseño del 96%; con 1,850 onzas producidas desde el inicio pre-comercial de operaciones.


January 23, 2017 Red Eagle Mining Corporation (TSX: R, BVL: R, OTCQX: RDEMF) is pleased to provide an update on operations at the Santa Rosa Gold Project, Antioquia, Colombia.

“We are very pleased to have completed commissioning of the plant and producing 1,850 ounces of gold since start-up,” comments Ian Slater, Chief Executive Officer.  “Ramp up of the mine continues to progress and we look forward to announcing commercial production by the end of Q1 2017.”

Achievements to Date

  • Best safety practices adopted with no major incidents to date;
  • High voltage transmission line construction complete and energized, connecting the project to the national electrical grid;
  • Main and secondary underground ramps have progressed to over 1.4 kilometres in length;
  • 60 metre vertical ventilation shaft completed and connected to the underground workings;
  • Over 19,000 tonnes of ore mined;
  • Crusher operating within design parameters;
  • Processing facility commissioning now complete, meeting design throughput, with the mill being run on a campaign basis while mine ore production rates are ramped up;
  • Dry waste management facility complete with filtered tailings being dry stacked;
  • Gold recoveries have reached 93% – on track to design rate of 96%; and
  • 1,850 ounces of gold produced since pre-commercial start-up.

2016 Key Production Metrics

Jan-Sept October November December Total
Decline Development (metres) 496 319 322 331 1,468
Ore Development (metres) 360 110 191 343 1,004
Ore Mined (tonnes) 3,465 6,712 9,224 19,401
Average Per Day
Development (metres) 3 14 17 22
Ore Mined (tonnes) 111 224 298

 Mine Development

Underground development continues to advance well.  Since Q3 2016 when the decline moved through oxidized material requiring support into competent granodiorite, daily advance rates have substantially increased from 3 metres per day to 22 metres per day.  The main and secondary ramps have advanced a total of 1.4 kilometres from the portal.  Four 100 metre strike length stoping blocks have been opened up on the 50, 75 and 100 metre levels, including 12 ore development headings with 6 advanced stopes.

The 10,000 metre stope delineation drill programme completed in December, 2016 (news release dated January 17, 2017) and underground face samples have positively reconciled grade against the resource model.

Some initial poor ground conditions were encountered, particularly close to the saprolite contact, resulting in slower mining rates and modestly greater dilution than planned in startup.  Accordingly, the mining method has been adjusted to conventional flat back cut and fill stoping, stope lengths have been reduced to 50 metres and ground controls are improving to minimize dilution.


Underground production crews continue to increase their expertise and efficiency.  Production rates are expected to accelerate in February and March as the underground team adjusts to more controlled stoping methods and additional production faces open up.  The number of cut and fill stopes will more than double by March to achieve full production.

Exploration drilling is currently underway testing the eastern extent of the San Ramon Gold Deposit and the Rojo target 3 kilometres to the west of the processing facility.

Commercial production of 750 tonnes per day is anticipated to be achieved by the end of Q1 2017.  As at December 31, 2016, Red Eagle Mining held $4 million in cash and is managing working capital while advancing to positive cash flow in the coming months.

The technical information contained in this news release has been reviewed and approved by Red Eagle Mining’s Vice President Exploration, Jeff Toohey P.Eng., who is a “Qualified Person” as defined under National Instrument 43-101.

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Welcome to Colombia Mining Center!
We are a mining information portal that presents news and updates as they are seen inside Colombia and from the world, bringing together the whole picture for mining investment in Colombia. Here you will find:
  • 1) Press releases from companies advancing mining operations in Colombia in English and Spanish.
  • 2) Relevant news from the Colombia mining industry from Colombia and international sources.
  • 3) A weekly snapshot with stock performance of mining companies with assets in Colombia, along with key investment metric and powerful investment tools and insight.
  • 4) Quarterly investment analysis, industry updates and special coverage reports.
  • 5) A set of technical and legal resources to complement your mining investment research.