MONTREAL, May 11, 2022 -- Glen Eagle Resources Inc. (TSX.V: GER) (or "the Company") is pleased to announce that the Cobra Oro gold processing plant, a wholly owned subsidiary of the Company, has received a major overhaul of its operations in Honduras. The new team that COO Karl Trudeau has brought on board is doing an outstanding job and consequently, the improvements at the Cobra Oro gold processing plant are truly remarkable and bound to have an impact on Cobra Oro’s upcoming revenues.
Montreal, Quebec, Canada – April 20, 2022 – Glen Eagle Resources Inc. (“Glen Eagle”) (TSXV:GER) announces the acquisition of 27 additional claims adjacent to Moose Lake. The acquisition is to further maximize the property’s value by adding geological and drilling data to the project. Moose Lake is wholly owned by the Company and located approximately 100 kilometers north of Chicoutimi, the fight largest city in Quebec Province.
Glen Eagle Resources, March 29, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) announces that due to a renewed interest in phosphate as a key global commodity, which Bloomberg News has recently described as one of the best growth sectors of the economy for the next ten years; the Company has decided to bring added value once again to its wholly owned Moose Lake phosphate project, located just north of Chicoutimi, Quebec.
Glen Eagle Resources, March 8, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) has posted on its website a video showing the government’s position with regards to the mining industry in Honduras. The declaration states “that the companies operating with legal mining permits will continue their operations as usual but those that are not compliant should be very concerned.”
Glen Eagle Resources, February 23, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) announced in a news release dated June 15, 2021 that it was partnering with Cycladex to test an environmentally friendly technology that could better serve our mining suppliers by addressing a broader spectrum of mining needs, accelerating our leach time and improving recovery without affecting Cobra’s current operations.
Montreal, Quebec, Canada – February 10, 2022 – Glen Eagle Resources Inc. (“Glen Eagle”) (TSXV:GER) announces an increase in production capacity from 100 to 150 tons per day by adding a third shift at Cobra Oro gold processing plant in Honduras; a wholly owned subsidiary of the Company.
Glen Eagle”) (TSXV:GER) announces a Joint Venture with Indexta SA, the largest concession owner in Honduras with a portfolio exceeding 50 mining concessions including land ownership encompassing the vast majority of its concessions.
Glen Eagle Resources, January 17, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to report that the private placement closed on December 29, 2021, was mostly purchased by three shareholders with international exposure to the mining industry. These shareholders own a combined 14 million shares and have taken an active role in assisting the Company in shipping, credit facilities, spare parts logistics and on time delivery. With their added participation, approximately 65 million shares or 50% of all outstanding shares are controlled by a small group of investors dedicated to support Glen Eagle’s goals.
Glen Eagle Resources, December 14, 2021 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) 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 prior News Releases dated November 24 and December 9, 2021.