Glen Eagle Resources Inc.

0.085

Canada & Quebec Montreal

4, 710 St-Ambroise Street, Suite 308

+1 514 938-4888

www.gleneagleresources.com

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Company Press Releases

Glen Eagle continues to export gold at record pace through its subsidiary Cobra Oro

MONTREAL, Quebec, Oct. 08, 2019 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (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. In terms of production throughput and cash flow, Cobra Oro has realized its best third quarter ever, allowing the Company to improve its balance sheet by paying back all short term debt ($280,000) accumulated from plant improvement and purchases of the chemical supplies to support its operations for an...

Glen Eagle Sees a Major Turn Around at Cobra Oro

MONTREAL, Sept. 05, 2019 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (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 2.0 grams gold per ton over the same period. In terms of production throughput, it has been the best two months ever for Cobra Oro while the Company sees a significant improvement in cas...

Glen Eagle reaches record production in July

MONTREAL, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce that its Cobra Oro gold processing plant in Honduras has reached optimum operating capacity in July. Throughput peaked on several days at 150 tons and has stayed regularly above 80 tons per day. The average grade processed for the month of July was 2.4 grams per ton. The ore was provided by its partner Inception Mining based on the Agreement signed between both parties in December 2018. The ore grade is expected t...

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