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Golden Lake Exploration Inc C.GLM

Alternate Symbol(s):  GOLXF

Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Company’s Jewel Ridge property is located on the south end of Nevada’s prolific Battle Mountain-Eureka trend, along strike and contiguous with i-80 Gold’s Archimedes, Ruby Hill and FAD shaft gold deposits to the north, Timberline Resources advanced-stage Lookout Mountain project to the south and North Peak Resources Prospect Mountain Mine Complex to the west. It also holds the Cardinalli Portfolio, consisting of three patented mineral claims called the Sentinel, the Clipper and the Golden Rule, comprising approximately 23 acres. It also owns an early-stage property, the Copperview project, which is situated in south-central British Columbia. It holds the option to acquire a 100% undivided interest in the Conglin Creek Copper Property.


CSE:GLM - Post by User

Comment by NickelOneon Aug 16, 2020 5:32pm
120 Views
Post# 31415421

RE:14,000,000 in the money warrnats to finance 2nd Drilling

RE:14,000,000 in the money warrnats to finance 2nd Drilling
Hiddensecrets wrote: We carry a valuation of $ 5 million which is incrediblity cheap.



A lot more money were spent on exploration by the previous owners than the current market cap. Very valuable information for planning ongoing and future drilling programs.

There is something I really like about this company: built for purpose and no time or money wasted so far. Great and timely communication (news releases) to keep shareholders up to date with progress. The management team is top notch and they mean business, which is great to see in a gold bull market.

I see a market cap of minimum $25M before the end of the year, providing the drill results are decent. The deeper holes can unlock a lot of value if they hit gold bearing structures.

I hope Eric Sprott does not jump on this when he sees the gold and silver grades until I finish accumulating another 1% of this company.

GLTA







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