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Glen Eagle acquires highly prospective lithium properties in Québec

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| June 21, 2023

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  • Glen Eagle Resources (TSXV:GER) has acquired 120 mining claims in three groups in the Lebel-sur-Quevillon area of northwestern Québec
  • The three groups of claims were acquired by map designation and are prospective for lithium
  • Québec Government LIDAR survey shows the properties bear northeast-trending elongated crests that might indicate the presence of pegmatites
  • Glen Eagle Resources Stocks (TSXV:GER) opened trading at $0.015 per share

Glen Eagle Resources (TSXV:GER) has acquired 120 mining claims in three groups in the Lebel-sur-Quevillon area of northwestern Québec.

The three groups of claims were acquired by map designation and are prospective for lithium.

On the Lessard property, pegmatites have been recognized in close association with a lake-bottom lithium anomaly of 61 parts per million (ppm) of lithium.

The Périgny property is characterized by 7-kilometre long lake-bottom lithium anomalies varying from 19 to 26 ppm of lithium.

The Nicobi property is characterized by 1-km long lake-bottom lithium anomalies varying from 33 to 45 ppm of lithium.

Québec Government LIDAR survey shows that the properties bear northeast-trending elongated crests that might be indicative of the presence of pegmatites.

Glen Eagle Resources Inc. is a Canadian company engaged in the acquisition, exploration and evaluation of mining properties. The company operates in two segments that are the acquisition, exploration, evaluation and development of mineral properties, recovery of gold and silver from tailings and recovery of gold from rocks.

Glen Eagle Resources Inc. (GER) opened trading at $0.015 per share.

Join the discussion: Find out what everybody’s saying about this stock on the Glen Eagle Resources Stock Forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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