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Eagle Royalties Ltd. T.ER


Primary Symbol: C.ER Alternate Symbol(s):  ERYTF

Eagle Royalties is a royalty holding company created as a spin-out with the royalty assets of Eagle Plains Resources, a mineral exploration project generator exploring Western Canada for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Eagle Royalties holds royalties on over 50 projects owned by senior to junior mining and exploration companies. Eagle Roylaties flagship is the royalty at Banyan Gold's AurMac property where a 6.18m oz gold resource was announced in May 2023.


CSE:ER - Post by User

Bullboard Posts
Post by prospector24on May 05, 2008 6:32am
275 Views
Post# 15037319

area play

area playNo question a discovery at Eleonore South will create an area play (similar to the Noront discovery). 

The Eleonore deposit is at the northern contact of a large diorite body which trends south-west thru the BFD property and onto Virginia's ground.  In the opposite direction it trends southerly to the JT showing then more easterly through the GZZ/SOI JV before heading on a south-easterly trend thru 40km of the SOI Kukamees property.  Clearly SOI becomes the main benefactor as this mineralized trend unfolds.  The 2km long JT anomaly is shared by the G-AZM-ER jv and the SOI-GZZ jv.  Trenching by Eastmain in 2006-2007 is along this border.  When Eastamin hits, the stock should go to $3 plus. Both GZZ-SOI will triple in price.

Aside from the Eleonore South discovery, Everton has the next best prospect in the belt at the Manuel showings (100% owned Wildcat #5 property) and has yet to drill it.

In my opinion, EVR, GZZ and SOI represent the best buys in the area since Eastmain has already doubled in price in the last 3 months.

Bullboard Posts