Glen Eagle Resources Inc. is pleased to announce that it has closed its previously announced private placement pursuant to which it has issued an aggregate of 5,142,855 units of the Corporation at a price of $0.07 per Unit to raise aggregate gross proceeds of $360,000 . Each Unit of the Offering is comprised of one common share of the Corporation [...]
Glen Eagle Resources Inc. is pleased to announce that it agreed to issue 4,045,066 Shares on a "shares-for-debt" basis in settlement of debts of $250,000 owing to Mr. Eric Sprott and Mr. Denis Lavigueur . The Debt Shares are being issued at a deemed price of $0.0821 per share, in accordance with the policies of the TSX Venture Exchange . The [...]
Glen Eagle Resources is pleased to announce that from September to year end, the Company will have sold approximately CDN $1,000,000 dollars in dore bars and projecting to double its sales in Q1-2022 based on the feed and grade discovered at La Esperanza II. The values intersected are summarized for the first time in the table below and detailed in [...]
TheNewswire - Glen Eagle Resources - December 9, 2021 is pleased to announce its latest drilling results on the gold enrichment zone discovered at La Esperanza II with drill hole LE-21- 003 intersecting 5.65 g/t Au over 18 meters of true width, including 9.21 g/t Au over 9 meters from surface. The new data confirms the thickness of the vein from [...]
Glen Eagle Resources, is pleased to announce that the ramp-up operation has progressed very successfully throughout the month of October at Cobra Oro gold processing plant in Honduras according to Karl Trudeau, Glen Eagle newly elected COO. Recovery results for gold were 88.99% and 67.55% for silver, allowing the Company to nearly cover its [...]
Glen Eagle Resources is pleased to announce that a new enrichment zone was discovered at La Esperanza II with drill hole LE-21-001 returning 6.04 g/t Au over 8.2 meters in a gold bearing quartz vein found on surface. The hole was stopped due to the crossing of an unknown drift while drilling. Drill hole LE-21-002 intersected on surface 3.04 g/Au [...]
is pleased to announce that it is completing the 2000 meters drilling program previously reported in a News Release dated May 7, 2020. The program was initially prepaid and has been reactivated with 1000 meters left for completion. The Company has chosen the Esperanza deposit as the best area to finish its drilling program given the fact that the [...]
Glen Eagle Resources Inc. is pleased to announce additional information resulting from the ramp-up operation at Cobra Oro and the latest data received from the metallurgical balance produced by Armando Gabriel Aguilar, professor of metallurgy at the University of Guadalajara Polytechnic School. Mr. Gabriel Aguilar, an external consultant to several [...]
Glen Eagle Resources Inc. is pleased to announce that the recent ramp-up of its operations at Cobra Oro's gold processing plant in Honduras, a wholly owned subsidiary of the Company, have yielded excellent results which are reflected by the least downtime ever since the inception of the plant five years ago. Karl Trudeau, COO, comments: "All [...]
Glen Eagle Resources Inc. is pleased to announce that the appointment of Karl Trudeau as Chief Operating Officer has already brought major changes at Cobra Oro gold processing plant, Cobra Oro being a wholly owned subsidiary of the Company. Karl was instrumental in bringing a full time Canadian mechanic and part time metallurgist to address [...]
Glen Eagle Resources. is pleased to announce that it has closed its previously announced private placement pursuant to which it has issued an aggregate of 14,285,713 units of the Corporation at a price of $0.07 per Unit to raise aggregate gross proceeds of $1,000,000 . Each Unit of the Offering is comprised of one common share of the Corporation [...]
Glen Eagle Resources Inc. provides an update to its previously announced non-brokered private placement of units of the Corporation at a price of $0.07 per Unit for gross proceeds of up to $1,000,000. . Pursuant to the TSX Venture Exchange conditional approval, the Corporation updates term of the Offering as each Unit of the Offering is comprised [...]
