Newsroom
February 2, 2021
Glen Eagle Resources Inc. (Montreal, Quebec, February 2, 2021; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce the signing by the Company of the most important ore supply agreement to date.
November 25, 2020
Glen Eagle Resources Inc. (Montreal, Quebec, November 25, 2020; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that a second drill rig has arrived at Cobra Oro gold processing plant in Honduras.
May 12, 2020
Glen Eagle Resources, May 12, 2020 (TSX VENTURE:GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to announce that a drill rig, currently on location at Cobra Oro gold processing plant will undertake a 2000 meters diamond drilling program on the Moloncosa concession as soon as the government calls off the lockdown.
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.
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 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.
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.
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.
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.
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.
July 29, 2021
MONTREAL, July 29, 2021 -- Glen Eagle Resources Inc. (TSX.V: GER) (or "the Company") is pleased to announce the appointment of Karl Trudeau as the Corporation's new Chief Operating Officer (COO). Mr. Trudeau is an experienced professional specialized in Mining, Production, Engineering and Processing. Mr. Trudeau brings more than 17 years of mine and industrial process management and turn around situations to Glen Eagle. As Chief Operating Officer of Glen Eagle, Mr. Trudeau will be responsible for all operational processes at Cobra Oro with the mission to turn around the situation at its gold processing plant by optimizing profitability.
September 16, 2021
MONTREAL, September 16, 2021 -- Glen Eagle Resources Inc. (TSX.V: GER) (or "the Company") is pleased to announce that the appointment of Karl Trudeau as Chief Operating Officer (COO) has already brought major changes at Cobra Oro gold processing plant, Cobra Oro being a wholly owned subsidiary of the Company.
October 5, 2021
Glen Eagle Resources Inc. (Montreal, Quebec, October 5, 2021; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that the recent ramp-up of its operations at Cobra Oro’s gold processing plant in Honduras, a wholly owned subsidiary of the Company, have yielded excellent results which are reflected by the least downtime ever since the inception of the plant five years ago.
October 13, 2021
Glen Eagle Resources Inc. (Montreal, Quebec, October 13, 2021; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce additional information resulting from the ramp-up operation at Cobra Oro and the latest data received from the metallurgical balance produced by Armando Gabriel Aguilar, professor of metallurgy at the University of Guadalajara Polytechnic School. Mr. Gabriel Aguilar, an external consultant to several mining companies was recently hired by Glen Eagle to supervise Cobra Oro metallurgical process.
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.
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.
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.
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 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.