MONTREAL, QUEBEC–(Marketwired – Dec. 12, 2017) – Glen Eagle Resources Inc. (TSX VENTURE:GER) (“Glen Eagle” or the “Company”) reports operations at Cobra Oro processing plant have continued normally since the General Elections held on November 26, 2017. Uncertainty regarding the outcome of the election for President, where vote counting has remained ongoing until recently, has resulted in demonstrations in various part of the country.
Glen Eagle Resources Inc. (Montreal, Quebec, November 8, 2017; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to report that its website has been updated with the latest pictures from the Cobra Oro gold processsing plant, showing that the last expansion phase of the plant is almost completed. The new ball mill is currently being installed and all the infrastrutures are now in place to receive increased throughput. The pictures speak for themselves and show how commensurate the expansion program has been in relation to the size of the plant 18 months ago.
Glen Eagle Resources Inc. (Montreal, Quebec, August 23, 2017; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to report that Cobra Oro, a wholly owned Honduran subsidiary of Glen Eagle, has produced 223 ounces of gold and 1305 ounces of silver, representing approximately $CDN 380 000 in dore bars between July 1 and August 15, 2017. The cash flow after consideration of All-In Sustaining Cost (“AISC”) was approximately $CDN 150 000 for the period. These results represents an important turnaround from Q2 2017 where the Company sold $285 000 in dore bars due to aggressive upgrading works at its CIL gold plant as previously reported in a News Release dated June 15, 2017.
MONTREAL, QUEBEC–(Marketwired – Aug 15, 2017) – Glen Eagle Resources Inc. (TSX VENTURE:GER) reports that initial sampling and mapping has commenced at the Company’s La Cobra gold project in Choluteca Department, Honduras. The former mine site, where the sampling was done, covers approximately 30 hectares of the 775 hectares encompassing the entire concession.