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Golden Lake Exploration Inc C.GLM

Alternate Symbol(s):  GOLXF

Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Company’s Jewel Ridge property is located on the south end of Nevada’s prolific Battle Mountain-Eureka trend, along strike and contiguous with i-80 Gold’s Archimedes, Ruby Hill and FAD shaft gold deposits to the north, Timberline Resources advanced-stage Lookout Mountain project to the south and North Peak Resources Prospect Mountain Mine Complex to the west. It also holds the Cardinalli Portfolio, consisting of three patented mineral claims called the Sentinel, the Clipper and the Golden Rule, comprising approximately 23 acres. It also owns an early-stage property, the Copperview project, which is situated in south-central British Columbia. It holds the option to acquire a 100% undivided interest in the Conglin Creek Copper Property.


CSE:GLM - Post by User

Post by HHHAPPYon Mar 23, 2023 7:06pm
265 Views
Post# 35357578

The report today from management gives

The report today from management gives  a positive notion of drill results.
And plans for the coming drill season.
“The last five drill holes at the Eureka Tunnel target have continued to expand the footprint of the shallowly-dipping Carlin style mineralization. Highlights • JR-21-30DD was drilled peripheral to JR-20-12DD and averaged at 2.76 g/t Au 8.51 g/t Ag over 15.67 m with 1.52 m from 9.45 m to 10.97 m assaying at 15.81 g/t Au and 47.81 g/t will be successful. date and encountered a low-grade zone that was punctuated by a 4.42 m intercept from 37.4 m to 41.82 m that averaged at 2.67 g/t
Au and 7.86 g/t Ag.
The Golden Lake team is encouraged and are working on understanding this dimension of the Eureka Tunnel zone. • JR-21-31DD and JR-21-34DD have expanded the Eureka Tunnel mineralized zone to the north. Mineralization remains open in the north at depth and along strike with rock sampling on the surface indicating the potential for higher-grade zones.”
The Golden Lake team is encouraged and are working on understanding this dimension of the Eureka Tunnel zone. • JR-21-31DD and JR-21-34DD have expanded the Eureka Tunnel mineralized zone to the north. Mineralization remains open in the north at depth and along strike with rock sampling on the surface indicating the potential for higher-grade zones.”
 
The lengthy report discusses all holding that GLM  controls – mostly in Nevada and BC Canada. The many projects will require much drilling ie much money. PP will be linked to announcements of positive core results. That’s THE GAME
 
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