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Gelum Resources Ltd C.GMR

Alternate Symbol(s):  GMRCF

Gelum Resources Ltd. is a Canada-based mineral exploration company. The Company’s principal business activity is the acquisition, exploration, and evaluation of mineral properties. The Company’s objective is to define a multi-million-ounce economical gold deposit on the 9028-hectare Eldorado Gold Project, located within the Bralorne-Bridge River gold district, only 190 kilometers north of Vancouver and 74 km northwest of the town of Lillooet, British Columbia (BC). The Bralorne mines historically exploited the largest, highest-grade, longest-producing lode-gold deposit in BC. The Eldorado Gold Project is located in the South Chilcotin Mountains, 79 km north of the town of Pemberton via a paved road.


CSE:GMR - Post by User

Post by tickerhiton Oct 29, 2021 12:17pm
116 Views
Post# 34063828

Opportunity

Opportunity• The Eldorado Gold Project, is located in the heart of the gold-rich Bralorne/Bridge River gold district, host to one of the highest-grade, longest-producing mines in British Columbia.

• The Bralorne Mine Complex has historical production of 4.2Moz at an average recovered grade of 17.7g/t Au.

• Review of past exploration programmes which include extensive soil sampling, geochem, geophysics, and two drilling campaigns; Gelum Resources geologists have concluded that the highest priority targets at the Eldorado Project are yet to be developed.
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