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:

"Things are getting more interesting in Latin America. Countries, such as Colombia, that were more or less relying on oil and gas exports and didn't make it easy for the mining companies to get permitted, are finally issuing permits. Red Eagle Mining Corp. received its environmental license for its fully financed San Ramon gold mine in Colombia." read more >

Bob Moriarty, 321 Gold (4/7/15)
"The management group at Red Eagle Mining Corp. has done more in less time under the worst of conditions than any other company I know of. . .now that permitting and financing is behind the company, the share price will start moving higher as progress is made. All buying of resource shares is based on safely removing risk. Red Eagle has reduced the risk and increased the potential a lot. If you like gold, you have to love Red Eagle."

Ash Guglani, Salman Partners (3/26/15)
"Red Eagle Mining Corp. announced it has come to an agreement with Orion Mine Finance Group and has arranged $65M in project financing including a $60M credit facility and a common shares private placement. . .we acknowledge the continuous effort by management to derisk the San Ramon gold deposit."

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."

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