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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
Comment by GoldenOrbon Feb 27, 2017 12:11pm
128 Views
Post# 25899067

RE:RE:RE:RE:RE:LET ME EXPLAIN FEW THINGS HERE

RE:RE:RE:RE:RE:LET ME EXPLAIN FEW THINGS HEREYes the capacity from what I was told is now 60 t/d+-.  The crusher  (newly installed) has the capacity to feed 30 tons an hr., but the undersized Ball Mill will only handle the 60 ton capacity.  Also they have installed a secondary filter that is inline with the gold concentrates final process.  With that install they now can switch to the second filter with out shutting down the operation by using the secondary inline filter.  Its quite remarkable that these artisan miners are working very high grade ore on their own at 300+ g/t.  Trouble is they are uneducated & see very little in the way of their future, working with mercury poison will surely cut way back on life expectency.  For that reason alone & the building of trust, the larger miners will see the light & the smaller miners usually will follow giving Cobra's milling operation a hugh boost in g/t ore.  It's a real money maker hands down.. Right now they are shipping Cobra the low grade tailings which are running 6+++g/t.  Jean said they are working on the highest grade concession to be found in Honduras & that it is 45 minutes away from Cobra!  All we need is that & we are off to the races.  This is great news.
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