The largest player in the Red Lake, Ont., mining camp is about to have an even bigger piece of the golden pie. Evolution Mining proposed to buy out Battle North Gold in a cash transaction worth.. T he two companies' announcements couldn't have been more upbeat. "Evolution is excited to be adding Red Lake to its portfolio," enthused Evolution Mining's executive chairman, Jake Klein. "Red Lake is an under-capitalized asset which, through a committed investment in development and exploration, is intended to become a cornerstone asset in the Evolution portfolio."
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/cloudfront-us-east-1.images.arcpublishing.com/tgam/QM4A34KJ3VBI7IYBVHMJBHABKU.JPG "Pure Gold stumbles in Ontario’s notoriously trickytomine Red Lake mining district The Globe")
Pure Gold stumbles in Ontario’s notoriously trickytomine Red Lake mining district The Globe
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The Red Lake operation is an underground gold mine in north-western Ontario and is situated in one of the highest-grade Archean gold camps in Canada, on the traditional lands of the Wabauskang and Lac Seul First Nation. Acquired in April 2020, an operational transformation plan is underway to restore Red Lake to a premier Canadian gold mine.. Red Lake operation Restoring Red Lake to a premier Canadian gold mine - a cornerstone asset for Evolution FACT SHEET Location: Ontario, Canada, approximately 535km north-west of Thunder Bay Producing: Gold Management: Owner operator Site Management: Kirsty Liddicoat - General Manager Mine Site contact number: +1 807 735 2077 Acquisition: Goldcorp assets 31 March 2020, Battle North Gold
