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.

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Glen Eagle Resources Inc

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Comment by GoldenOrbon Nov 16, 2017 8:34pm

95 Views

Post# 26980968

RE:RE:RE:My view.

Hi Sandman
Let me clarify. In Nicaragua they were required by contract to be cyanide free and collect the mercury residues. Mercury is used everywhere in Latin America for separating the gold. Very deadly situation, so many young children are poisoned for life or fatally stricken by the vaporized mercury. In Honduras GER is using cyanide to process the ore. It would be interesting if they did move away from cyanide & use ETI instead. The percentages are there @ 90%+ recovery so would be great if GER made it happen.
ETI link: https://www.proactiveinvestors.co.uk/companies/news/182868/enviroleach-technologies-set-to-overhaul-mining-sector-with-eco-friendly-gold-leaching-formula-182868.html

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