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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 approxiamtely 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 a 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

Comment by EarsOfADonkeyon Jun 08, 2021 10:46pm
134 Views
Post# 33353162

RE:news out

RE:news outCould not agree more Scanner454 ... with cash in the bank & the plant started up - execution from here on out is indeed paramount. 

Hopefully covid restrictions ease and Jean is able to visit the sight as well as have Alp Bora spend some time there as soon as possible.

Execute 3 things through the next several months and continue forward:
  1. NSA continues to provide reliable deliveries of good ore grades stockpiles to ensure feed to the mill (as well as artisinal miners)
  2. NSA provides metalurgical engineer support & equipment support (dryers for ore in rainy season to ensure mill opertes smooth) as well as have Alp Bora visit sight to assist in plant efficiencies & spare parts inventories / logistics. (Potential Plant expansion - maybe jumping ahead a bit here?)
  3. Lastly, Jean is able to finally visit the sight and spend time in Honduras. I know there is a lot of naysayers here about the CEO, but he has been stuck in Canada since early 2020 and negotiations , agreements, etc need to be taken care of in person. 
Hopefully, this equates to gold production and profitability in second half of year. 

Good luck too all. 
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