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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 nohype7on Jan 31, 2018 1:14pm
74 Views
Post# 27472123

Spoke with Jean about an hour ago

Spoke with Jean about an hour agoHe said he didn't know why Echelon was selling their shares. All he knows is that they were buying shares late last year and decided to sell them. 

I asked him about the plant and he said that everything has been installed and it will take a few weeks to get the metallurgy setup properly.

He said they hired a metallurgist to make sure the plant extracts the maximum amount of gold from the ore. He also said that they no longer accept tailings because of its low grade. They now only accept ore because it contains a higher grade of gold.

Overall, he seemed very upbeat and was looking forward to seeing the plant running at full capacity.






Bullboard Posts