Golden Lake Exploration Inc GOLXF

Primary Symbol: C.GLM

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.

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Golden Lake Exploration Inc > Results

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Comment by PonyBoyOutsideron Sep 08, 2021 10:25am

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Post# 33824463

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Results

BC - Initial Resource Estimate is what I was referring to.

Preliminary Reserve Estimate / Initial Resource Estimate was same thing in my mind. Although, I may have missed on a technicality. I've always just called it Preliminary.

Regardless, I guess leaving it as "resource estimate" simplifies that issue.

I was told by the company that they are aggressively attempting to have a "resource estimate" on the mineralization associated with the "Bonanza Hole" by year end, which was always in my opinion pretty optimistic. However, if more drills show up, and drilling is continuous then I guess I shouldn't say it isn't possible, just highly unlikely.

At any rate, at the rate they are putting out meaningful news on holes that are already ready to be reported on, I'm not feeling too encouraged on a lot of fronts right now. (They are holding results on several assayed holes at this time).

in addition, I think Michael England has too many irons in the fire to be doing a good job necessarily for any one company. I have made numerous attempts to reach him, left messages and never once, even with recent attempts, has he ever returned my call. Since I own close to 2% of the company, I thought I might deserve an eventual call back, but I'm guessing not.

I think Re: NewCoin: keep doing more research, glad you're here on the board learning from other investors. We all start somewhere. BC, your input is much appreciated too, as we all hold on for (like what you said) is obviously going to be a long ride.

as always GLTA

PonyBoy