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Eagle Royalties Ltd T.ER


Primary Symbol: C.ER Alternate Symbol(s):  ERYTF

Eagle Royalties Ltd. is engaged in holding royalty assets. The Company holds royalty interests in approximately 35 mineral exploration projects in western Canada. These projects are being explored for commodities that include gold, silver, critical metals, uranium, rare-earth elements, diamonds and industrial minerals. The Company’s portfolio includes the flagship AurMac (McQuesten) Royalty that overlies a portion of Banyan Gold Corp’s gold discovery at their AurMac Property located in the central Yukon Territory. Its Schott's Lake Royalty, George Lake Royalty and Knife Lake Royalty are situated in Saskatchewan, Canada. The Eskay Creek Royalty is situated in British Columbia, Canada. Its other royalties include Acacia, Adamant, Albert Lake, Axis Lake, BC Mas, Beaven, Black Diamond, Black Water Regional, Brownell Lake, Cathro, Coyote Creek, Cup Lake, Elsiar, East Goldfield, Fort a la Corne, Dianne Lake, Hanson North, Hot Punch, Hunter Basin, Manson Bay South, Kalum and more.


CSE:ER - Post by User

Comment by linveston Jul 17, 2020 11:14am
177 Views
Post# 31281239

RE:RE:RE:RE:take out offer coming clear water we are gone at 35 cents

RE:RE:RE:RE:take out offer coming clear water we are gone at 35 cents
At this time they mention only that they are doing PEA Optimization and Eau Claire Extensional Drilling. Quite excited by the drilling.

From July 2, 2020 News  : https://www.eastmain.com/investors/news/index.php?content_id=232:

“Since 2016, we have improved and expanded our Eau Claire Project. The Eau Claire Preliminary Economic Assessment specifies an NPV of C$260 million, initial capital spend of C$170 million and a payback of 3.1 years using US$1,250 gold. In today’s over US$1,700 gold environment, our Project’s economics significantly improve before considering any of the other optimizations we have identified. In addition to optimization of the current resource, we intend to extend and improve the continuity of our High-Grade Schist (HGS) veins. These veins feature significant thickness and have the ability to add considerable resources once extended.”
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