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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

Comment by lamothzeon Nov 28, 2022 10:47pm
92 Views
Post# 35135619

RE:Scanner

RE:ScannerThe reason they have a net gain is

During the quarter ended September 30, 2022, a net gain of $320,026 was recorded compared to a net loss of $956,924 for the same period in 2021; the variation is mainly due to a gain on the disposal of Exploration and Evaluation asset, Lac Moose property, for $2,312,030 during Q3-2022.
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