Glen Eagle Resources (GERFF) 0.0724 $GERFF
Glen Eagle Exports his First Shipment of Precious Metal to the US Market
Marketwire Canada - Wed Jun 08, 7:31AM CDT
MONTREAL, QUEBEC--(Marketwired - Jun 8, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company"
is pleased to announce that Cobra Oro has shipped on June 2 to NTR Metals in Miami CDN $185,000 in gold and silver. Previous sales by Cobra Oro were done locally through a third party.
GER.VN: 0.095 (+0.005)
Glen Eagle to Export Over 1900 Ounces in Precious Metals
Marketwired - Tue May 10, 11:01AM CDT
MONTREAL, QUEBEC--(Marketwired - May 10, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company" is pleased to announce that it is in progress to export approximately 100 ounces in gold and 1,800 ounces in silver from Cobra Oro's custom milling plant in Honduras with 70% of its content having been produced in the last six weeks. Despite Cobra Oro's expansion program with the development of a cyanide circuit, the plant was operating at one third of its throughput capacity due to an excess of waste material overfilling its leaching tanks. To resolve the problem, the Company has built a tailing pond scheduled to be completed in the coming days which will allow the plant to reach its current throughput capacity of 40 tonnes per day. Processing more tonnage at this stage is a matter of buying additional equipment and the Company is confident based on its current knowledge and data accumulated over the past several months that it can increase throughput capacity to 100 tonnes per day with an investment of less than $100,000 dollars. All efforts will be aimed at reaching this goal in the near future.
GER.VN: 0.095 (+0.005)
Glen Eagle in Progress to Sell Authier for the Sum of Four Milion Canadian Dollars (CDN $4 000 000)
Marketwired - Tue May 03, 7:17AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce that it has signed a Letter of Intent (LOI) with Australian Securities Exchange listed, Sayona Mining Limited ("Sayona", to sell its Authier lithium asset for the sum of four million dollars (CDN $4 000 000). Sayona Mining specializes in sourcing, exploring and developing lithium and graphite assets on several continents. Sayona's directors have extensive experience in the lithium industry with three of its directors serving on the board of Altura Mining Limited and two of them being previously founders of Orocobre Limited.
GER.VN: 0.095 (+0.005)
Glen Eagle's Processing Plant in Honduras Reaches Its Objective In Recovering Precious Metals
Marketwired - Wed Apr 13, 7:46AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce that Cobra Oro`s newly built cyanide circuit is performing as expected with gold and silver recovery ranging between 80% to 85% over the entire production process.
GER.VN: 0.095 (+0.005)
Glen Eagle Closes Private Placement
Marketwired - Tue Mar 22, 3:35PM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce the closing of a non-brokered private placement at a price of $0.05 cents per Unit, each Unit being comprised of one (1) common share and one half (1/2) common share purchase warrant at an exercise price of $0.10 per warrant share valid for a period of 24 months following the Closing Date. The total proceeds of the "Offering" ($250,000) for which no commission was paid will be allocated for working capital purposes. As a result, 5,000,000 common shares were issued by the Company.
GER.VN: 0.095 (+0.005)
Eric Sprott Announces Acquisition of Securities of Glen Eagle Resources Inc.
Marketwired - Fri Mar 18, 10:09AM CDT
Eric Sprott ("Sprott" announces that on December 23, 2015, he acquired (the "Acquisition" ownership and control over 2,000,000 units ("Acquired Units" of Glen Eagle Resources Inc. (the "Corporation" at a purchase price of $0.05 per unit, each unit being comprised of one common share ("Share" and one-half common share purchase warrant (each whole common share purchase warrant, a "Warrant". Each Warrant is exercisable for a Share (a "Warrant Share" for a period of up to two years at an exercise price of $0.10 per Warrant Share. The Acquired Units represent approximately 4.1% of the currently issued and outstanding Shares on a partially diluted basis.
Glen Eagle's Plant Expansion in Honduras Completed
Marketwired - Tue Jan 26, 7:46AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce that Cobra Oro's second development phase to built a cyanide circuit for its processing plant in Honduras has been completed and production is scheduled to start in the coming days.
GER.VN: 0.095 (+0.005)
Glen Eagle Resources Inc.: News Release
Marketwired - Wed Dec 30, 11:17AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" has issued 1,900,000 stock options to eight directors, officers and employees. Options are valid for five years until December 29, 2020 with a strike price of $0.07 cents and under conditions as per the option plan approved at the shareholders meeting on June 18th, 2015.
GER.VN: 0.095 (+0.005)
Glen Eagle Authier Lithium Project Update
Marketwired - Mon Dec 14, 7:32AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" wishes to give an update of its ongoing activities related to developing the Authier Lithium property which has a measured and indicated resource of 7.7 million tonnes grading 0.96% Lithium Oxide at 0.50% cut off. The project has a ten year mine life based on processing 2,200 tonnes per day. The data was retrieved from Glen Eagle's Preliminary Economic Assessment Study done by SGS Canada. The Authier Property Technical Report shows a core resource with 3.7 million tonnes grading 0.94% at a strip ratio of 2:1. Canada Lithium, located near Authier, has a Feasibility Study showing proven and probable reserves of 17.1 million tonnes grading 0.94% Lithium Oxide at 0.60% cut off with a strip ratio of 5.4:1 in addition of having a Lithium Carbonate plant recently built at a cost of $291.3 million. The plant is currently on care and maintenance due to bankruptcy filings.
GER.VN: 0.095 (+0.005)
Glen Eagle's Plant Expansion in Honduras Near Completion
Marketwired - Thu Dec 10, 7:29AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce that Cobra Oro's second development phase to built a cyanide circuit for its processing plant in Honduras is near completion. The first technical tests are due out next week and the plant is expected to be fully operational by early January. The add-on circuit will make the plant more versatile and adaptable to the local mining industry while aiming to improve recovery. The existing flotation circuit will remain functional to process minerals containing heavy sulfides which represents the most efficient mean for the local miners to recover their gold when mining this particular mineral.
GER.VN: 0.095 (+0.005)
Glen Eagle Exports his First Shipment of Precious Metal to the US Market
Marketwire Canada - Wed Jun 08, 7:31AM CDT
MONTREAL, QUEBEC--(Marketwired - Jun 8, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company"
is pleased to announce that Cobra Oro has shipped on June 2 to NTR Metals in Miami CDN $185,000 in gold and silver. Previous sales by Cobra Oro were done locally through a third party. GER.VN: 0.095 (+0.005)
Glen Eagle to Export Over 1900 Ounces in Precious Metals
Marketwired - Tue May 10, 11:01AM CDT
MONTREAL, QUEBEC--(Marketwired - May 10, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company"
is pleased to announce that it is in progress to export approximately 100 ounces in gold and 1,800 ounces in silver from Cobra Oro's custom milling plant in Honduras with 70% of its content having been produced in the last six weeks. Despite Cobra Oro's expansion program with the development of a cyanide circuit, the plant was operating at one third of its throughput capacity due to an excess of waste material overfilling its leaching tanks. To resolve the problem, the Company has built a tailing pond scheduled to be completed in the coming days which will allow the plant to reach its current throughput capacity of 40 tonnes per day. Processing more tonnage at this stage is a matter of buying additional equipment and the Company is confident based on its current knowledge and data accumulated over the past several months that it can increase throughput capacity to 100 tonnes per day with an investment of less than $100,000 dollars. All efforts will be aimed at reaching this goal in the near future. GER.VN: 0.095 (+0.005)
Glen Eagle in Progress to Sell Authier for the Sum of Four Milion Canadian Dollars (CDN $4 000 000)
Marketwired - Tue May 03, 7:17AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce that it has signed a Letter of Intent (LOI) with Australian Securities Exchange listed, Sayona Mining Limited ("Sayona", to sell its Authier lithium asset for the sum of four million dollars (CDN $4 000 000). Sayona Mining specializes in sourcing, exploring and developing lithium and graphite assets on several continents. Sayona's directors have extensive experience in the lithium industry with three of its directors serving on the board of Altura Mining Limited and two of them being previously founders of Orocobre Limited. GER.VN: 0.095 (+0.005)
Glen Eagle's Processing Plant in Honduras Reaches Its Objective In Recovering Precious Metals
Marketwired - Wed Apr 13, 7:46AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce that Cobra Oro`s newly built cyanide circuit is performing as expected with gold and silver recovery ranging between 80% to 85% over the entire production process. GER.VN: 0.095 (+0.005)
Glen Eagle Closes Private Placement
Marketwired - Tue Mar 22, 3:35PM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce the closing of a non-brokered private placement at a price of $0.05 cents per Unit, each Unit being comprised of one (1) common share and one half (1/2) common share purchase warrant at an exercise price of $0.10 per warrant share valid for a period of 24 months following the Closing Date. The total proceeds of the "Offering" ($250,000) for which no commission was paid will be allocated for working capital purposes. As a result, 5,000,000 common shares were issued by the Company. GER.VN: 0.095 (+0.005)
Eric Sprott Announces Acquisition of Securities of Glen Eagle Resources Inc.
Marketwired - Fri Mar 18, 10:09AM CDT
Eric Sprott ("Sprott"
announces that on December 23, 2015, he acquired (the "Acquisition" ownership and control over 2,000,000 units ("Acquired Units" of Glen Eagle Resources Inc. (the "Corporation" at a purchase price of $0.05 per unit, each unit being comprised of one common share ("Share" and one-half common share purchase warrant (each whole common share purchase warrant, a "Warrant". Each Warrant is exercisable for a Share (a "Warrant Share" for a period of up to two years at an exercise price of $0.10 per Warrant Share. The Acquired Units represent approximately 4.1% of the currently issued and outstanding Shares on a partially diluted basis. Glen Eagle's Plant Expansion in Honduras Completed
Marketwired - Tue Jan 26, 7:46AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce that Cobra Oro's second development phase to built a cyanide circuit for its processing plant in Honduras has been completed and production is scheduled to start in the coming days. GER.VN: 0.095 (+0.005)
Glen Eagle Resources Inc.: News Release
Marketwired - Wed Dec 30, 11:17AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
has issued 1,900,000 stock options to eight directors, officers and employees. Options are valid for five years until December 29, 2020 with a strike price of $0.07 cents and under conditions as per the option plan approved at the shareholders meeting on June 18th, 2015. GER.VN: 0.095 (+0.005)
Glen Eagle Authier Lithium Project Update
Marketwired - Mon Dec 14, 7:32AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
wishes to give an update of its ongoing activities related to developing the Authier Lithium property which has a measured and indicated resource of 7.7 million tonnes grading 0.96% Lithium Oxide at 0.50% cut off. The project has a ten year mine life based on processing 2,200 tonnes per day. The data was retrieved from Glen Eagle's Preliminary Economic Assessment Study done by SGS Canada. The Authier Property Technical Report shows a core resource with 3.7 million tonnes grading 0.94% at a strip ratio of 2:1. Canada Lithium, located near Authier, has a Feasibility Study showing proven and probable reserves of 17.1 million tonnes grading 0.94% Lithium Oxide at 0.60% cut off with a strip ratio of 5.4:1 in addition of having a Lithium Carbonate plant recently built at a cost of $291.3 million. The plant is currently on care and maintenance due to bankruptcy filings. GER.VN: 0.095 (+0.005)
Glen Eagle's Plant Expansion in Honduras Near Completion
Marketwired - Thu Dec 10, 7:29AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce that Cobra Oro's second development phase to built a cyanide circuit for its processing plant in Honduras is near completion. The first technical tests are due out next week and the plant is expected to be fully operational by early January. The add-on circuit will make the plant more versatile and adaptable to the local mining industry while aiming to improve recovery. The existing flotation circuit will remain functional to process minerals containing heavy sulfides which represents the most efficient mean for the local miners to recover their gold when mining this particular mineral. GER.VN: 0.095 (+0.005)
