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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

Post by TanzaniteMotherLodeon Apr 11, 2022 11:57am
88 Views
Post# 34593908

Gold producer in Honduras with phosphate deposit in Quebec

Gold producer in Honduras with phosphate deposit in QuebecGold processing plant in Honduras

• Cobra Oro de Honduras has been a gold producer for the last 4 years;

• Has reached commercial production in April 2017. Glen Eagle is proud of being in Honduras, a country known for having vast untapped resources. Cobra Oro’s gold processing plant is located in Choluteca, one of the fastest growth areas in Honduras, known for its work force and safe environment. The plant operates in international zone “free taxe” operational permit for the next 12 years. Advantages

• 2 ball mill capacity - 150 tone/day - 50 tone/day • Land value $2,000,000 US

• Plant value more $3,000,000 US

• Underground electrical circuit

• Water supply with own underground circuit

• Power systems generator

• Adjacent to the Chamber of Commerce building, Pepsi’s bottling plant and the Pan-American Highway


https://gleneagleresources.ca/wp-content/uploads/2022/03/GER_22_18-Presentation-7-mars-2022.pdf
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