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

Bullboard Posts

Comment by cheapinskion May 25, 2013 11:54am

94 Views

Post# 21441045

RE: RE: RE: RE: RE: RE: Lovely news...............

I know when teck/cominco out sources sl*g to recover the precious metals, its just a matter of a loader onto the belt to feed the sl*g furnace which is already in place...very simple, quick and cheap. so I would suggest that these tailings are already in the form of sand/gravel and can be scooped up into whatever process there is to separate the gold from the rock from the mercury. Sounds to me like a loader and a machine and a couple of operators. I dont know if a small crusher would be needed....maybe, maybe not. Compare this to the capex of a working mine!!!

Does that help you out death_metal?

Bullboard Posts

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity