RE: 512.6 Hectare Gold Eagle Sells for 1.5 Billion in 2008 - Only eight years ago, the adjacent property to Conquest Resources sold for 1.5 Billion to Gold Corp. It was only 512.6 Hectares.
Compared to Conquest which is 448 Hectares in size.
MINERAL EXPLORATION PROPERTY Gold Eagle Property The Gold Eagle property, which consists of 35 contiguous patented claims with an area of 512.6 ha, is located in Dome Township approximately 6 km from the town of Red Lake, Ontario. The property has been subject in the past to mining operations, systematic geological, geochemical and geophysical surveys and a drilling campaign. To date over 132,000 m of drilling has been completed on the Gold Eagle property since 2004 and of that total over 97,000 m of drilling has been completed on the BCD. Currently the Gold Eagle property is undergoing an extensive surface diamond drilling exploration program on the BCD. Drilling consists of a master or mother hole with multiple wedging off each such hole. The Companys drill hole reporting method follows a reference. http://www.goldcorp.com/English/Investor-Resources/News/News-Details/2008/Goldcorp-Consolidates-Red-Lake-District-With-15-Billion-Acquisition-of-Gold-Eagle/default.aspx
This is exactly why we are investing in this - Conquest Resources Ltd. (TSXV:CQR stock >
Conquest Resources Ltd. (TSXV:CQR) (USOTC:CQRLF) Gold Outlook 2016: Why Prices are Set to Explode -
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As gold prices bounce along the bottom of a four-year low, savvy investors are setting themselves up for the beginning of a new commodities bull market.
Simply put? All indicators right now are pointing to a surge in the spot price of gold in 2016, with experts predicting a new bull run that could double, even triple prices – and in a very short amount of time.
“Gold will see another parabolic bull run in 2016,” says Chintan Karnani, chief market analyst at Insignia Consultants.
“We're overdue for this correction,” says Ron Meisel, one of North America's leading technical analysts.
Or as Standard Chartered argues, 2016 is poised for a “rapid rise in gold prices.”
If you're an investor looking to buy gold in 2016, it's crucial that you check out our exclusive metals forecast report: “Gold Outlook 2016: How to Profit From Gold's Return” before investing.
This report will reveal exactly why we've become so bullish on gold, how high we think it will go in 2016, and why you should be rushing to get your own gold bullion today.
To receive your copy, simply enter your email address in the box below.
But hurry: Gold prices won't remain this low for long, and we only have a limited number of digital copies we're allowed to provide.
ALERT: Legend Pierre Lassonde Just Predicted Price Of Gold To Soar Above $10,000 May 26, 2016
ALERT: Legend Pierre Lassonde Just Predicted Price Of Gold To Soar Above $10,000 With the price of gold and silver pulling back and consolidating recent gains, today legendary Pierre Lassonde spoke with King World News and predicted for the first time ever that the price of gold will soar above $10,000.