Red Lake Exploration Inc. RLKX Archives

ThursdayMay 01, 2008 11:40 am

Red Lake Exploration, Inc. (RLKX.OB) Raises Capital with One Million Dollar Private Placement

Red Lake Exploration, Inc. (OTCBB: RLKX) acquires, explores and develops natural resource properties. Today, Red Lake Exploration, Inc. announced that is has raised one million dollars through a private placement. According to the company, it will use most of the money to acquire the Farellon property it is currently exploring, and use the rest of the money to investigate other properties including the Camilla and Santa Rosa projects located in coastal Chile. Red Lake Exploration, Inc. is currently managing three main projects. The Farellon project is located in the Canadalaria iron oxide copper belt. Other companies are also exploring this…

WednesdayApr 23, 2008 8:03 am

Red Lake Exploration, Inc. (RLKX.OB) To Give Corporate Presentation Tomorrow

Corporate representatives of Redlake Exploration will be attendance tomorrow (April 24th) at EQUITIES Magazine's Third Annual Mining/Resource Conference, to be held at the Princeton Club in New York City. This appearance will give company officers a chance to share the intricate details of current projects with current and prospective investors alike. Company President Caitlin Jeffs will be giving a presentation at 11:45am to kick off Redlake's presence at the event. The main focus of this presentation will be to outline Redlake's Chilean projects, including the highly prospective Santa Rosa, Farellon, and Camila properties. All of these properties are located in…

TuesdayApr 22, 2008 9:13 am

Red Lake Exploration Inc. (RLKX.OB) to Present at EQUTIES Third Annual Mining Conference

EQUITIES Magazine today announced its Third Annual Mining/Resource Conference will be held at the Princeton Club of New York Thursday, April 24, 2008. Emerging mining companies such as Red Lake Exploration Inc. (OTCBB: RLKX) will present their knowledge of the mining sector and their own business highlights to brokers, hedge fund managers, portfolio managers and private investors. EQUITIES Magazine serves retail and institutional investors by exploring industry trends, analyzing opportunities, and outlining financial leaders and emerging public companies. The company has extended its reach to attract investors around the world through EQUITIES Europe, EQUITIES Digital Edition and the EQUITIES Web…

MondayApr 14, 2008 6:17 am

Red Lake Exploration, Inc. (RLKX.OB) Reports Mining Results from its Santa Rosa Property Located in Chile

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 terms of the agreement, the vendor pays the Company a royalty of 5% of the…

ThursdayApr 10, 2008 7:16 am

Red Lake Exploration (RLKX.OB) Hoping to Strike it Rich in the High Priced Commodities Market

Red Lake Exploration is a North American-based mineral company headquartered in Richmond, Canada, that focuses on purchasing, exploring and developing mineral rich properties in Chile. The company currently has three simultaneous projects going on in the copper, gold and silver-rich areas of Chile’s III region. These historically successful mines have been revisited because of new exploration techniques and mechanized mining equipment that has been developed since the last exploration projects took place. The first project is the Camila Breccia. This is the company’s copper-gold project in the Candelaria iron-oxide-copper-gold (IOCG) belt of Chile's coastal cordillera. Exploration of the property began…

MondayApr 07, 2008 1:47 pm

Chile’s Booming Copper Production Entices Red Lake Exploration Inc. (RLKX.OB)

Chile’s copper mines provide more than 40 percent of the world’s copper output, according to the U.S. Department of the Interior. Chile’s mining industry employs about 6 percent of the country’s workforce, and as more mines come into operation, the demand for output is expected to rise. Red Lake Exploration Inc. (OTCBB: RLKX) engages in the acquisition, exploration and development of mineral properties in Chile. Headquartered in Richmond, Canada, the company focuses on its primary project, the Farellon property, in the Candalaria Iro Oxide Copper Gold Belt. Red Lake is reviewing options to purchase Santa Rosa and Camila Mineral Properties,…

FridayApr 04, 2008 6:27 am

Red Lake Exploration Inc. (RLKX.OB) Begins Exploration of its Chilean Property

Red Lake Exploration Inc. (OTCBB: RLKX) recently announced it has begun exploring the Camila Breccia, its copper-gold project in Chile. The project lies in the Candelaria iron-oxide-copper-gold (IOCG) belt of Chile’s coastal cordillera, and was last explored in the late 1990s. "This is a very exciting point for Red Lake. It is the first step in our plan to find resources in the under-explored Candelaria IOCG belt," Red Lake Exploration President John Di Cicco stated in the press release. Red Lake Exploration’s exploring program consists of six drillholes totaling an estimated 1,000 meters of diamond drilling on two identified mineralized…

ThursdayMar 27, 2008 3:59 am

Red Lake Exploration, Inc. (RLXK.OB) is Fully Focused on Chilean Potential

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 three sites: Farellon, Camila, and Santa Rosa. Two of…

TuesdayMar 25, 2008 6:19 pm

Red Lake Exploration, Inc. (RLKX.OB) Sees Chile as Prime Area for Metal Mining Exploration

Many commodities are trading at record highs, caused by increased demand for mined materials. This mining exploration company is heavily involved in Chile, exploring the viability of a number of old and new mining sights. They use state of the art equipment and experts to determine if the site is going to be productive. They have chosen the III region of Chile in particular for a number of key reasons. When choosing a country to do business in, of upmost importance is the overall stability of the country, both economically and politically. Chile is both economically and politically stable. They…

MondayMar 24, 2008 5:56 pm

Red Lake Exploration, Inc. (RLKX.OB) is Currently Exploring Three Sites within the III Region of Chile

This Mining exploration company has set its sights on Chile’s III Region, which is well known for gold and copper mining. They are exploring three old mining sites within this region for the viability of mineral extraction. Preliminary results have proven quite promising. The company’s three projects include Camilla, Santa Rosa, and Farellon. Camilla is in the early stages of exploration, and Santa Rosa and Farellon are in the advance stages of exploration. All three lie within the IOCG belt of copper and gold. With the advances of mining technology, new deposits continue to be found within the belt that…

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