Glen Eagle Resources Inc. announces that with regard to its filing deferral concerning the year-end Company’s financial statements from April 29th to June 12th and Q1-2020 from May 30th to July 14th 2020, these will be filed on time. By doing so, the Company has made best use of the COVID-19 regulatory decree. The Company also reports that no [...]
Glen Eagle Resources Inc. is pleased to announce that Cobra Oro gold processing plant has restarted its operations on May 15, 2020 with the current production to be exported in early June. The early restart was made possible by obtaining a special working permit as the country is still under an extended lockdown due to the pandemic. Cobra Oro has [...]
Glen Eagle Resources is pleased to announce that a drill rig, currently on location at Cobra Oro gold processing plant will undertake a 2000 meters diamond drilling program on the Moloncosa concession as soon as the government calls off the lockdown. https://gleneagleresources.ca/video/#DrillRig The property was chosen over Piedra Dorada due to its [...]
Glen Eagle Resources is pleased to announce that Minera Moloncasa SA, an important ore supplier to Cobra Oro gold processing plant has found a super enrichment zone while working on a crosscut to bridge the main shaft serving its artisanal underground mine. Rock samples coming from the enrichment zone were extracted from the bottom of the mine and [...]
Glen Eagle Resources is pleased to announce 50% participating interest in the Moloncosa mining concession. The concession is located immediately adjacent to the newly acquired and 100% owned Piedra Dorada as reported in a News Release dated April 27, 2020. https://gleneagleresources.ca/2020/04/27/glen-eagle-acquires-piedra-dorada-mining-concession [...]
Glen Eagle Resources Inc. announces that it is deferring its filing and transmission dates of Financial Statements, given the logistical delays created by the COVID-19 outbreak, the Company will be forced to push the filing dates of its year-end 2019 and first quarter 2020 financial statements from April 28th, 2020 to June 12th, 2020 or before and [...]
Glen Eagle Resources Inc. is pleased to announce the acquisition of Piedra Dorada mining concession located in the rich mining district of El Corpus in Honduras. The acquisition is the result of several years of negotiations with known suppliers in the area who have recognized the contribution and communication efforts of Glen Eagle within their [...]
Glen Eagle Resources announces that management has recently scaled down its operations in Honduras to care and maintenance purposes due to the current restrictions affecting the country with regard to the pandemic. The Company will restart operations at its Cobra Oro 150 TPD Merrill Crowe gold processing plant when the government, according to its [...]
Glen Eagle Resources Inc. is pleased to announce the appointment of Mr. Andrew Waller to the board of directors of Glen Eagle Resources. Mr Waller has managed, owned and operated several gold copper mining projects over the years with extensive experience in producing low cost, high output gold and copper concentrate operations internationally. He [...]
Glen Eagle Resources Inc. a Canadian based company, is pleased to announce it has successfully completed $25M in equity capital facility with New York-based GEM Global Yield LLC SCS representing the first major institutional backing for Glen Eagle Resources. Glen Eagle Resources will have three years to utilize the $25M to expand the companys gold [...]
Glen Eagle Resources Inc. a Canadian based company is pleased to announce that it has reached an agreement to secure an operating line of credit and has completed a strategic acquisition of a mining concession located in one of the best gold bearing and mining friendly regions of Honduras. Information regarding the operating line of credit and the [...]
Glen Eagle Resources Inc. announces that it has granted 425,000 stock options to three key employees of its subsidiary, Cobra Oro de Honduras. The options are valid for five years until February 13, 2025, with an exercise price of $0.10 and are subject to the terms and conditions of the stock option plan approved at the last shareholders annual [...]