Newsroom
March 8, 2022
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.”
February 23, 2022
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.
February 10, 2022
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.
January 25, 2022
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.
January 17, 2022
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.
December 14, 2021
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.
December 9, 2021
Glen Eagle Resources, December 9, 2021 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to announce its latest drilling results on the gold enrichment zone discovered at La Esperanza II with drill hole LE-21- 003 intersecting 5.65 g/t Au over 18 meters of true width, including 9.21 g/t Au over 9 meters from surface. The new data confirms the thickness of the vein from previously reported drill hole LE-21-002, which intersected 3.04 g/t Au over 30.8 meters from surface while remaining open at depth as previously reported and detailed in a News Release dated November 24. 2021 along with drill hole LE-21-001 having intersected 6.4g/t Au over 8.2 meters.
December 2, 2021
Glen Eagle Resources, December 2, 2021 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to announce that the ramp-up operation has progressed very successfully throughout the month of October at Cobra Oro gold processing plant in Honduras according to Karl Trudeau, Glen Eagle newly elected COO.
November 24, 2021
Glen Eagle Resources, November 24, 2021 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to announce that a new enrichment zone was discovered at La Esperanza II with drill hole LE-21-001 returning 6.04 g/t Au over 8.2 meters in a gold bearing quartz vein found on surface. The hole was stopped due to the crossing of an unknown drift while drilling.
October 26, 2021
Glen Eagle Resources, October 26, 2021 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to announce that it is completing the 2000 meters drilling program previously reported in a News Release dated May 7, 2020. The program was initially prepaid and has been reactivated with 1000 meters left for completion.
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.
August 14, 2019
Glen Eagle Resources Inc.'s Cobra Oro gold processing plant in Honduras has reached optimum operating capacity in July. Throughput peaked on several days at 150 tonnes and has stayed regularly above 80 tonnes per day.
September 5, 2019
Glen Eagle Resources Inc. (Montreal, Quebec, September 5, 2019; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to report that Cobra Oro, a wholly owned Honduran subsidiary of Glen Eagle is doing a second export based on ore production for the month of August. Sales reached $CDN 425,000 for the last two months despite having processed low grade ore of 2.0grams gold per ton over the same period.
October 8, 2019
Glen Eagle Resources Inc. (Montreal, Quebec, October 8, 2019; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to report that Cobra Oro, a wholly owned Honduran subsidiary of Glen Eagle continues to export gold at record pace.
March 23, 2020
Glen Eagle Resources Inc. (Montreal, Quebec, March 23, 2020; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) 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.
March 26, 2020
Glen Eagle Resources Inc. (Montreal, Quebec, March 26, 2020 - TSX.V: GER) (or "the Company") 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.
April 14, 2020
MONTREAL, April 14, 2020 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (Montreal, Quebec, April 14, 2020; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce the appointment of Mr. Andrew Waller to the board of directors of Glen Eagle Resources.
April 15, 2020
MONTREAL, April 15, 2020 (GLOBE NEWSWIRE) -- Glen Eagle Resources (TSX VENTURE:GER) (“Glen Eagle”, the “Company”, or “GER”) 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 latest decree, plans to lift on April 19 the lockdown measures that were implemented since mid-March. During this time, management plans to have the production plant reviewed by a certified process engineer to evaluate the overall gold recovery rate for optimal utilization and performance.
April 27, 2020
Glen Eagle Resources Inc. (Montreal, Quebec, April 27, 2020; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) 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 community.