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Bullboard - Stock Discussion Forum Cleghorn Minerals Ltd V.CZZ

Alternate Symbol(s):  CLGMF

Cleghorn Minerals Ltd. is a Canada-based junior mineral exploration company. The Company owns a 100% interest in the Meech Lake Matachewan Prospect situated in Argyle, Baden, McNeil and Robertson Townships. The property is located approximately 25 kilometers (km) northwest of Matachewan, in Northeastern Ontario, within the Abitibi Greenstone Belt and covers approximately 833.6 hectares. It has... see more

TSXV:CZZ - Post Discussion

Cleghorn Minerals Ltd > Drilling at matachewan
View:
Post by arh0070 on Dec 27, 2017 6:28pm

Drilling at matachewan

Announcement this morning .All permits acquired ,drill rig is mobilized and on site .Agreement with the local Indian tribal corporation also signed .Drilling  to begin immediately and there will be several drill holes done at different locations . .This is potentially a very exciting prospect .The property is in a prime area .Glen and his family is heavily invested in Cleghorn .He explored this as a young geologist over 30 years ago and he has waited all this time to subject it to modern geological modeling to select drill locations .Potential to be a copper platinum palladium play .Glen is of course a world class geologist and currently head of pdac .I am personally heavily invested in it .Its value currently is less than 5 million and the float is very small ,if they find something this will have a significant effect on the share price .With his many contacts glen is looking for another prospect for cleghorn .Glen of course discovered canadas largest gold mine malartic .
Comment by CaliforniaMiner on Jan 03, 2018 1:18pm
Good post. Thanks.  Interesting Glenn's connection with Golden Valley and PDAC.  Cleghorn also looking for more properties. He says he likes the Val-d'Or area and the company is situated there. Canadian properties may fetch a premium as the Gold price rises due to political instability in other countries. Low float, plus the company named after a tough guy hockey player, could be ...more  
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