Alp has spent his early career with mining companies such as Rio Tinto, BHP, Vale among others. He has built a reputation over the years as an operations engineer who was instrumental in making major turnarounds for several mining companies by optimizing their production and revenues.
Alp has already committed to the Company by investing in Glen Eagle latest Private Placement and will spend time in Honduras as a consultant to improve plant efficiency and logistic at Cobra Oro gold processing operations.
His expertise, combined with North South Assets (see NSA news release April 14), will set new production and metallurgical standards that should result in a major turn around towards profitability for Cobra Oro based on the following changes:
Due the above factors and more to come, the Company believes that its operations in Honduras are at a major turning point towards profitability all things being equal.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Glen Eagle Resources Inc
2075 Victoria Street #201