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 the properties are in the advanced stages of development and one is in the early stages. When the option contract is in place, they recruit expert scientists to document and report on the potential of the mining site. Once the mine is identified as profitable, they proceed to developing the mining site and nearby roads, essentially bringing the mines to the operational level.
President John Di Cicco, who was present at the inception of the company, heads Red Lake Exploration. He has extensive contacts within the mining industry and over 10 years of experience. Other management include Catlin Jeffs, and Michael Thompson, both geologists. Mr. Thompson is experienced in management of large mining exploration projects and Mrs. Catlin specializes in GIS technology and 3D mapping. This experienced management team gives the company a huge edge in identifying potentially profitable mining operations.
The management team believes that Chile has all the right ingredients for mining exploration. It is a stable country with a well-educated population and little to no competition. Red Lake believes, with today’s technologies and mining methods, they have the potential to discover major deposits of copper and gold.
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