Maybe you should look at that report again... Newman Todd is located to the west of Red Lake some 30 to 40 KM On Pg 14 there is a map... Shows the relationship of Rice Lake to Red Lake , Pickle Lake etc. There is continuety between these heavily explored areas except in the small underexplored area between them.... ( near the Manitoba border on the east and near the Ontario border on the west. ) The newman Todd appears to be just on the western edge of the Red Lake deposits.

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From this report:

http://www.wildcat.ca/upload/Goldmau_Rice_Lake_Repor.pdf

Connecting the dots:

Rocks in the Rice Lake Gold Belt are similar in age to those at Red Lake. Gold

mineralization is present in both older rocks in the northern part of the Belt and

younger rocks in the southern part of the belt. The San Antonio mine, which has

contributed over 80% of the gold production from the belt to date, is hosted in the

younger southern package of rocks.

Limited production has been obtained from deposits in the northern part of the Belt.

Nonetheless, the older rocks of the northern portion of the belt are considered highly

prospective as they are regarded as equivalent to the Balmer series of rocks that host

the world class gold mineralization at Red Lake.

Sections of the Rice Lake Belt are also cut by the Wanipigow Fault. This is a

regional shear fault that cuts through the Rice Lake Belt and extends eastwards to

the Red Lake and Pickle Lake gold camps.

Crustal breaks such as the Wanipigow Fault are often associated with the major gold

camps throughout the Canadian Shield such as the Timmins gold camp. Since 1910,

the Timmins area has produced nearly 70 million ounces of gold, making it one of

the two of most productive gold camps in North America.

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Rice Lake is some 80 KM from Red Lake.

WEL, Jeep Mine is some 15 to 20 KM east of SGR, Rice Lake. The Jeep had the highest average grade mined in the Rice Lake area, some .75 oz / tonne

That puts the Newman Todd between the Jeep mine and Red Lake Mines give ot take a few Kms.