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Red Gum Resources Ltd Appoints Executive Chairman; Commences Drilling At Majada Project


Sunday, 28 Apr 2013 07:59pm EDT 

Red Gum Resources Ltd announced that Dr. Ray Shaw has been appointed Executive Chairman of the Company following the tendering of Dr Paul Pearson's resignation as Managing Director. The Company announced that drilling has now commenced at its Copper-Gold Majada Project area. The drilling is targeting geophysical anomalies along a broad kilometer-scale mineralized shear structure that is delineated by shallow, artisanal workings in a known Iron Oxide Copper Gold (IOCG) Belt of northern Chile. A minimum of 1,500 meter of diamond core drilling will be undertaken in an area which was recently the subject of geophysical, magnetic and induced polarization, surveys conducted by the Company. 

Company Quote

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24 Oct 2014