MONTREAL, QUEBEC--(Marketwired - Nov 12, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) (Glen Eagle or the Company) is pleased to announce that two flotation tests (2 kilos/test) were conducted at the Centre de Technologie Minérale and Plasturgie (CTMP) located in Thetford Mines, Quebec. Each test achieved over 90 % gold recovery within 5 minutes of flotation on tailings coming from the company's concession site in La Libertad, Nicaragua. Silver (73%) and mercury (50%) were recovered after 7 minutes of floatation. The Company expects to achieve higher mercury recovery from additional tests currently being conducted at the CTMP. Based on the input received from the CTMP and historical data, volume should not impact recovery and the tests are deemed to be r... [...]
MONTREAL, QUEBEC--(Marketwired - Nov 5, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) (the "Company") is pleased to announce that it has held a closing of a non-brokered private placement. The Company has issued an aggregate of 3,571,428 "flow-through" shares at a price of $0.14 per share, for total gross proceeds of $500,000 (the "Offering"). In consideration for their services, Secutor Capital Management Corp [...]
Glen Eagle Resources Inc. has been consulting with Bumigene Inc, a respected Montreal based metallurgical engineering company, to evaluate process solutions to increase gold recovery at the Company's operations in Nicaragua. It was recommended that the company add a flotation cell to help meet a targeted gold recovery of 70% or better, as it was planned from the inception of the project. Historical data based on flotation [...]
MONTREAL, QUEBEC--(Marketwired - Sep 11, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce an upcoming drill program on its Authier Lithium project near Val d'Or, Quebec. The program is aiming at a minimum of 2,000 meters of drilling and will be based on the recommendations made in the Pre Economic Assesment Report (PEA) and the Environmental Study elaborated by the [...]
MONTREAL, QUEBEC--(Marketwired - Jul 21, 2014) - (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that based on our latest laboratory results, gold recovery have reached 70%, which was the original goal of the Company at the inception of the Nicaragua project when the company started the optimization process in early March, 2014. Mercury recovery was approximately the same as gold while the [...]
MONTREAL, QUEBEC--(Marketwired - May 21, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that it has done a significant amount of lab and field tests to better understand the recovery process of its tailings. Six hundred tons have been processed to that effect over the last six weeks. Testing has always been part of a normal process in mining to select the right [...]
MONTREAL, QUEBEC--(Marketwired - Apr 14, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that its Tailings Processing Plant has been operational on a limited basis for the past week and will remain in a testing mode until the staff designated to operate the equipment has been properly trained. The Plant is capable of processing 350 tonnes of tailings per day when [...]
MONTREAL, QUEBEC--(Marketwired - Mar 28, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) has granted 900,000 stock options to six directors and two consultants. Options are valid for five years until March 27, 2019, with an exercise price of $0.195 and are subject to the terms and conditions of the stock option plan approved at the last shareholders annual meeting. Neither TSX Venture Exchange nor its Regulation [...]
MONTREAL, QUEBEC--(Marketwired - Mar 20, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that the Pilot Plant and the portable laboratory have reached the Port of Corinto in Nicaragua and are in process of clearing customs. The Company expects the equipment to be on site shortly and fully operational by the end of the month. For the latest information about Glen [...]
MONTREAL, QUEBEC--(Marketwired - Mar 3, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that it has closed a first tranche totalling $150,000 dollars on the Convertible Note bearing 20% interest and maturing on March 3, 2016. The proceeds will be used to advance the La Libertad Project in Nicaragua. The closing deadline for the second tranche is March 30, 2014 [...]
MONTREAL, QUEBEC--(Marketwired - Feb 19, 2014) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that the Pilot Plant has left the manufacturing site in California and is scheduled to leave port for Nicaragua on February the 22th. The infrastructures have been recently completed to make milling operations immediately functional when the Pilot Plant arrives on site [...]
Montreal, January 17, 2014: Glen Eagle Resources Inc. (GER-TSXV) (the "Corporation") announces that it intends to proceed to a private placement of convertible notes and a private placement of non-convertible notes, for aggregate gross proceeds of up to $600,000. The convertible notes bear interest at a rate of 20% per year and are repayable two years after the closing, subject to the Corporation's right to prepay the [...]
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