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Market: TSX
Sector: Gold Mining
Epic: TSX-RBI
News: Latest news
Web Site: Redback Mining
Other Articles: 01-02-201015-01-201016-11-2009

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Wednesday March 17, 09:01SmartFocus, Amphion Innovations and National Milk Records confirmed for March 18 Forum

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

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Thursday March 18, 12:26Healthcare & Biotech companies to present at "Ultimate Healthcare & Biotechnology Event 2010”

We have a cracking line-up for March 24, as we return to Healthcare & Biotech sector at our One2One Investor Forum. Seats are limited, to avoid disappointment, register now.

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Redback Mining

Redback Mining

Red Back's two key projects are the Chirano Gold Mine in Ghana and the Tasiast Gold Mine in Mauritania. In addition, the Company holds an extensive exploration portfolio both in Ghana and Mauritania.
Monday, November 16, 2009

Red Back Mining reports 20 pct resource increase for Tasiast gold mine in Mauritania

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Red Back Mining (TSX: RBI) said new calculations have increased the measured and indicated resource at its 100 percent owned Tasiast gold mine in Mauritania by approximately 890,000 ounces to 5.37 million ounces, at cut off grades of 0.2 grams per tonne for oxide and 0.5 g/t for fresh material.

This is an increase of 20 percent since the previous estimate announced in mid-September 2009. It has been calculated based upon 30,000 metres of drilling since early September 2009, substantially in the new Greenschist Zone at the West Branch Deposit.

Drilling is ongoing with six rigs on site and plans are in place to further accelerate the exploration programme into 2010. As at today, over 20,000 samples are in process. Results from these samples plus ongoing drilling are expected to generate significant further additions to the rapidly increasing Tasiast resource base, Red Back said.

President and CEO Richard P Clark said: “With these latest results from the West Branch Deposit, Tasiast is developing into one of the largest new gold mines in Africa. We look forward to continuing to update our shareholders on the success at Tasiast."

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