Honduras
August 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.
August 24, 2017
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.
February 21, 2018
Glen Eagle Resources Inc. (Montreal, Quebec, February 21, 2018; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that its operations are going according to plan with most readjustments and rebalancing of the entire system completed successfully and in record time.
February 21, 2018
Glen Eagle Resources Inc. (Montreal, Quebec, February 21, 2018; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that Cobra Oro’s operations in Honduras are running better than anticipated following its expansion program, which involved important readjustments for milling and rebalancing of its metallurgical circuit. The modifications were completed successfully and ahead of schedule as they were expected to be fully integrated by the end of March.
January 22, 2019
MONTREAL, Jan. 22, 2019 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that it has closed in recent weeks two additional agreements with new providers that could potentially increase daily tonnage by 100 tonnes in excess of what the Company already processes at its Cobra Oro gold plant in Honduras.
March 12, 2019
Glen Eagle Resources Inc. (Montreal, Quebec, March 12, 2019; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that a supply agreement was signed recently between Cobra Oro de Honduras and Compania Minera Moloncosa S.A.
April 23, 2019
MONTREAL, April 23, 2019 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to report that the Ministry of Mines of Honduras, in conjunction with the Small Miners Cooperative (“COOP”) of the municipality of el Corpus, Choluteca, Honduras, have called a meeting on April 14, 2019 with Cobra Oro, Glen Eagle’s production subsidiary in Honduras. The miners wish to discuss forming a joint venture between Cobra Oro and the COOP under the Ministry’s umbrella. The Corpus concession is located 20 minutes away from Cobra Oro’s Gold Mill.
May 7, 2019
MONTREAL, May 07, 2019 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (TSX VENTURE: GER) (“Glen Eagle” or the “Company”) announced on December 18, 2018 that a verbal agreement was reached with Inception Mining to provide the Company with a constant flow of ore supply to be processed at Glen Eagle’s gold plant in Honduras.
June 4, 2019
MONTREAL, June 04, 2019 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that it has signed an agreement with Sociedad Industria Extractiva S.A. to bring a steady flow of ore to the Cobra Oro gold plant.