Glen Eagle Resources Inc V.GER

Alternate Symbol(s): GERFF

Metals & Mining Industrial Metals & Minerals

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

Glen Eagle Resources Inc

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Comment by parisoftroyon Mar 17, 2011 7:06am

331 Views

Post# 18297401

RE: interesting

Looks like some trouble next door, as GER has its 43-101:

From CLQ: "...

The Company believes that there will be a material reduction in the measured, indicated and inferred mineral resources incorporated in the NI 43-101 compliant report announced on October 28, 2010. It is not possible to accurately quantify the magnitude of the reduction in the mineral resource at this time and the Company has determined that a detailed independent mineral resource estimate is required. ..."

of note, the "there will be a material reduction"

Just wondering, could Glen Eagle fill the gap?

P o T

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