Re: GER Work at LaMotte
in response to
by
posted on
Oct 04, 2010 09:04AM
Edit this title from the Fast Facts Section
The last PR seems to be a good indicator of what GER expects. I expect results posted in early November, if no delay occurs (it has, in the past, re: Oasis.)
A reminder of historical data from that same PR: ("A total of 64 holes in excess of 7,000 m were drilled on the property by the previous operators. The spodumene-bearing pegmatite was traced for 600 m in length and almost systematically drilled to a vertical of 75 metres. An NI 43-101 non-compliant resource was established in 1993 (Raymor Resources -- GM 53176) to 4.55 million tons grading 1.07 per cent Li2O. The deposit remains open at depth and to the west. The pegmatite is known to occur at a vertical depth of 225 metres.") Note the % of Li2O...
Mr Labrecque remains very confident in the future of this Junior miner and so am I. Do your due diligence and keep a close watch!
go
The PR:
2010-09-30 08:43 ET - News Release
Mr. Jean Labrecque reports GLEN EAGLE RESOURCES INC : DRILLING UPDATE A total of 10 drill holes have been completed to date on Glen Eagle Resources Inc.'s Authier lithium property near the town of LaMotte in Quebec. The core samples will be shipped to the ALS lab for analysis in early October and the results are expected to be received some time in late October. The 2,000-metre program was designed to bring the historical resources NI 43-101 compliant. In order to achieve this, six holes will be twinned on previously drill holes and the remaining holes will complete a 50- by 50-metre drilling grid to be able to obtain measured and indicated resources. To date, two twin holes have been drilled and they intersected the expected length of lithium-bearing pegmatite. The company will continue to drill an additional 10 to 15 holes which should be sufficient to bring all the historical resources NI 43-101 compliant relating to the Authier lithium deposit. ..."