RD:TSX.V

Red Eagle Mining Corp.

Red Eagle Mining Corp. is a well-financed gold exploration and development company with an experienced mine-development team. Management is focused on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia, a jurisdiction with prolific historic production but (until recently) limited modern exploration. The company is developing the 100 sq km historic Santa Rosa gold project, located in the Antioquia Batholith. Development will initially commence with the San Ramon gold deposit, where a positive feasibility study supports project advancement. Project financing and permitting are currently underway.

Expert Comments:

Charlotte McLeod, Resource Investing News (3/25/15)
"Earlier this month, Red Eagle Mining Corp. reached a major milestone when its Colombia-based San Ramon gold mine was formally granted an environmental license. . .an agreement announced Wednesday with Orion Mine Finance has brought the company's goal of funding activities at San Ramon even closer. . .the company revealed a $65M construction financing that includes a private placement of common shares, as well as a $60M credit facility. . .Orion will own 19.9% of Red Eagle. . .the project is now nearly set to go ahead. . .construction is set to begin midway through this year, with production anticipated in 2016."

Jeb Handwerger, Gold Stock Trades (3/13/15)
"Red Eagle Mining Corp. just reported this week that the final license has been granted for construction and mining at its San Ramon gold mine. . .this permit is a major milestone for the company, which has been working on this for over three years, and I expect a major rerating higher as it begins construction and completes the project financing that was contingent on receiving this permit. Commercial production is set to begin in 2016."

Thibaut Lepouttre, Caesars Report (3/13/15)
"Good news for Red Eagle Mining Corp. as the company announced it has received the long-awaited environmental license form Corantioquia. This was the final piece of the puzzle and Red Eagle is now allowed to start building the mine. . .we don’t think securing funding for this mine will be difficult as the internal rate of return is quite high, even at a gold price of just $1,100/oz. On top of that, the Colombian peso has lost approximately 35% of its value in the past few months, which will undoubtedly reduce both the capital expenditures and the operating expenditures."

Mining.com (3/10/15)
"Today marks a significant achievement for Red Eagle Mining Corp. and the entire Colombian gold sector. The South American nation has a long and storied history of gold mining, but no modern gold mine has been permitted in the country. This all changed this morning when Red Eagle announced the receipt of its environmental license, the final permit required for construction and mining of the company's San Ramon gold mine for the life of the mine. . .Red Eagle now intends to complete project financing, with commencement of construction scheduled for mid-2015 and commercial production anticipated during 2016."

CEO.CA (3/10/15)
"This morning, Red Eagle Mining Corp. announced the receipt of its environmental license, the final permit required for construction and mining of the company's San Ramon gold mine for the life of the mine. . .the company now intends to complete project financing, with commencement of construction scheduled in mid-2015 and commercial production anticipated during 2016."

Ash Guglani, Salman Partners (3/10/15)
"Red Eagle Mining Corp. announced that it has been fully granted the environmental license without conditions for its wholly-owned San Ramon gold mine in Antioquia, Colombia. The environmental license was the final permit necessary for construction and mining over the life of the mine of the San Ramon project. . .the company is working toward funding its initial capital expenditure. . .management expects the construction to commence in mid-2015."

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Investing Highlights
 
Gold production in Colombia in 2016
 
Three years from discovery hole to Feasbility Study
 
53% IRR
catalyst Calendar
Q3
2014
Mining Permit Granted
Q1
2015
Project Financing to be Completed
Q1
2015
Final Permit to be Granted
Q2
2015
Construction to Commence
Q2
2016
Production to Commence
Red Eagle Mining Corp. Content