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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 GoldenOrbon Sep 15, 2017 8:34am
137 Views
Post# 26699846

Latest Email/Phone Info

Latest Email/Phone Info                Talked on the phone & received an email,  the rest of the equipment from China for Mill completion has arrived (Sept. 14th) and going through customs.  All the equipment finally arrived, evidently the container unit is full of parts for the final install.  GER has missed the Summer time table, but it will not be long now.  I talked about the g/t sampling and was told this in an email:

"The best grade is on the other side of the property.  We did what was right. If the dump averages 6-7 grams, it will be a big for the company.
For grab samples, this is not bad and we need to find out more.
This property has some good grade material and we will find some. One thing at a time.   Take care.    Jean"

                     The estimate is that the dump site will average 6 to 7 g/t  (possibly higher if GER is able to isolate the low grade sections).  So with the ore from the Artisen Miners mixed with dumpsite ore, the grades will be higher >> possibly 10 to 12 g/t (or more) on average, when all said & done.   Let's see the soon upcoming PRs on updates  
 
Bullboard Posts