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Glen Eagle Resources Inc V.GER

Alternate Symbol(s):  GERFF

Glen Eagle Resources Inc. is a Canada-based company, which is engaged in the acquisition, exploration and evaluation of mining properties. The Company is engaged in the production of gold and silver from the purchasing and processing of material in Honduras. Its activities also consist of owning mining concessions in Honduras where it intends to proceed with an exploration and evaluation program. Its La Cobra property is composed of one claim covering approximately 775 hectares and located in the Valle Department, Honduras. It has three areas of interest for lithium, in the Lebel-sur-Quevillon area: Lessard property, Perigny property and Nicobi property. The Nicobi property is characterized by a one km long lake-bottom lithium anomalies varying from 33 to 45 ppm of Lithium. The Perigny property is characterized by seven km long lake-bottom lithium anomalies varying from 19 to 26 ppm of lithium. It is also looking for exploration and evaluation activities located in Quebec, Canada.


TSXV:GER - Post by User

Bullboard Posts
Post by stockhunter007on Apr 21, 2010 11:15am
355 Views
Post# 17014905

Neighbor Explores

Neighbor Explores

BonTerra begins phase one exploration at Lavoie

2010-04-21 04:06 ET - News Release

Mr. Mitchell Adam reports

BONTERRA INITIATES WORK ON LAVOIE NORTH AMERICAN EXPLORATION CLAIMS IN QUEBEC

BonTerra Resources Inc. has commenced a phase one exploration program on the 100-per-cent-owned Lavoie North American exploration property near the Windfall Lake property of Eagle Hill Exploration Corp. Located approximately 170 kilometres northeast of Val-d'Or, and 125 km of Chibougamau in the Urban township in James Bay, Que. The northern Abitibi mineralized belt is a region well known for its gold and copper production, and excellent infrastructure for exploration and mining. These claims have shown a high favourability for orogenic gold deposits, according to the 2006 assessment of the Abitibi region by Lamonthe and Harris.

The recommended work program will consist of line cutting, followed by a ground magnetic survey to test for favourable geology and to define drill targets. Lines will be cut at 100 metres and chained and marked with a picket every 25 metres. The magnetic survey will be conducted with a GSM-19 portable magnetometer. The total magnetic field intensity will be recorded every 12.5 m, with a second magnetometer of the same type used to enhance weaker anomalies and highlight the geological contacts of the magnetic bodies. In total, about 200 km of line cutting and 200 km of magnetic surveying will be carried out on the property.

President Mitchell Adam stated: "We are very encouraged with the Lavoie North American property acquisition, because of its close proximity to many gold reserves. At 1.5 km to the southwest is Glen Eagle (GER), with a reserve of 564,000 tonnes at 6.2 grams per tonne . To the west, the Lavoie North American property shares the boundary with Metanor (MTO), which has a gold reserve of 719,000 tonnes at 4.68 g/t, and to the east the Lavoie property shares its boundary with Amseco/Beaufied, with a reserve of 540,000 tonnes at 7.2 g/t. Finally, the Lavoie property north boundary is located at 2.6 km south of Eagle Hill project. We feel that this, coupled with the geology located on the Lavoie North American property, bodes well for success in locating and drilling successful targets."

The proposed geophysical survey work will be done by Mike Lavoie Exploration and Geophysique TMC, respectively, both of Val-d'Or , Que.

We seek Safe Harbor.

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