Thursday, July 05, 2012 7:53:12 PM
Red Eagle Moves Toward 2015 Production at Santa Rosa in Colombia
By Kevin Michael Grace
For over 500 years, the world has been enticed by Colombia’s gold. But for several decades, the South American nation has been so weakened by drug cartels and Marxist revolutionaries that foreign miners stayed out. As a result, Red Eagle Mining TSXV:RD CEO Ian Slater says, “Colombia hasn’t had modern exploration.” To him, this makes for opportunity without parallel.
“We created the company for Colombia,” Slater declares. “We have other projects. We have a private company [Black Eagle Mining] developing a metallurgical coal project in Alberta. We have Slater Mining TSXV:SLM in Kazakhstan. I’m on the Board of Miranda Gold TSXV:MAD, a project generator out of Nevada. They went into Colombia, and I went down with them. They acquired a lot of land and JVed them all out; that’s their business model.”
Read more about red Eagle's Colombia gold play. http://resourceclips.com/2012/07/04/all-mining-is-local/
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