eagle plains vulcan
Hopefully this upcoming drill-hole is a key step in validating these theories and advancing the project". Story continues as per N.I. The company inhabits the mortgage-backed security niche, with $104 billion in total assets, primarily mortgage securities backed by Freddie Mac and Fannie Mae. Based in Cranbrook, B.C., Eagle Plains continues to conduct research, acquire and explore mineral projects throughout western Canada. Microsoft and Tesla are testing a key support level. In the last episode of Mad Money, Jim Cramer told viewers they need to proceed with caution in what will likely be a volatile week for stocks. When interest rates started to drop in the spring of 2020, my husband and I took notice. The LMC contact was successfully intercepted in Hole VU20002 with significant hydrothermal alteration noted (suggesting proximity to a hydrothermal source), though no economic mineralization was encountered. The most comprehensive testing occurred in the Hilo area during the early 1990s by Ascot Resources. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. They’ve been tapping reliable, high-yielding dividend payers as an investment play of choice. Expenditures from 2011-2019 on Eagle Plains-related projects exceed $20M, most of which was funded by third-party partners. In addition, Eagle Plains continues to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions. The Sullivan mine was discovered in 1892 and is one of the largest sedex deposits in the world. Sullivan-style mineralization was first reported in the mid-1950s at the Vulcan Project.
Sullivan-style mineralization was first reported in the mid-1950s at the Vulcan Project. In addition, Eagle Plains continues to seek out and secure high-quality, unencumbered projects through research, staking and strategic acquisitions. This figure suggests a 20% upside potential from current levels.
The stock is selling for $12.56, and the average price target of $13.25 suggests a modest gain of 5%. Management of Eagle Plains considers the Vulcan project to hold excellent potential for the presence of Sullivan-style lead-zinc-silver sedimentary-exhalative (“sedex”) mineralization such as that at the world-class Sullivan Mine located 30km to the east. company), ("Brascan") whereby Brascan may earn up to a 60% interest in Eagle Plains' Vulcan silver-lead-zinc property (the "Property"), located 30km west of Kimberley, in southeastern British Columbia. Moving forward, given the strong 2H20 outlook for deployment, we believe it is likely that net investment income will continue to move higher… BANX continues to more than cover its current quarterly dividend of $0.38, and we believe this will continue to be the case in the coming quarters,” Ryan opined. Project execution will be carried out by TerraLogic Exploration Inc. of Cranbrook (a wholly-owned subsidiary of Eagle Plains) under the supervision of Kerry Bates. Additional claims were added to the property position as they became available through staking. The 8220 ha Vulcan claims are owned 100% by Eagle Plains and carry no underlying royalties or encumbrances. Managements' current focus is to preserve its treasury while advancing its most promising exploration projects. Charles C. Downie, P.Geo., a "qualified person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and a director of Eagle Plains, has prepared, reviewed, and approved the scientific and technical disclosure in the news release.
Eagle Plains management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Vulcan property. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Cranbrook, B.C., May 28, 2019: Eagle Plains Resources Ltd. (TSX-V: “EPL”) has mobilized field crews to carry out a geophysical survey on the Vulcan project located near Kimberley, BC. Renowned investor Iain Butler just named 10 stocks for Canadians to buy today.
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