Glen Eagle Resources Inc. announces that with regard to its filing deferral of its Q1-2020 financial statements from May 30 to July 14th, as mentioned in the May 29th press release Update, these will be filed on time. The Company also reports that no material change has occurred within the time frame as stated herein. The Company has also deposited its year-end financial statements on June 15th, with no material change to [...]
Glen Eagle Resources Inc. announces that with regard to its filing deferral concerning the year-end Company’s financial statements from April 29th to June 12th and Q1-2020 from May 30th to July 14th 2020, these will be filed on time. By doing so, the Company has made best use of the COVID-19 regulatory decree. The Company also reports that no material change has occurred within the time frame as stated herein. Neither TSX [...]
Glen Eagle Resources Inc. is pleased to announce that Cobra Oro gold processing plant has restarted its operations on May 15, 2020 with the current production to be exported in early June. The early restart was made possible by obtaining a special working permit as the country is still under an extended lockdown due to the pandemic. Cobra Oro has added a third production shift on May 25th and its operations are now [...]
Glen Eagle Resources 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. https://gleneagleresources.ca/video/#DrillRig The property was chosen over Piedra Dorada due to its large visible drilling targets and the geological knowledge that was [...]
Glen Eagle Resources is pleased to announce that Minera Moloncasa SA, an important ore supplier to Cobra Oro gold processing plant has found a super enrichment zone while working on a crosscut to bridge the main shaft serving its artisanal underground mine. Rock samples coming from the enrichment zone were extracted from the bottom of the mine and displayed by Glen Eagle’s President in the following link [...]
Glen Eagle Resources is pleased to announce 50% participating interest in the Moloncosa mining concession. The concession is located immediately adjacent to the newly acquired and 100% owned Piedra Dorada as reported in a News Release dated April 27, 2020. https://gleneagleresources.ca/2020/04/27/glen-eagle-acquires-piedra-dorada-mining-concession/ The Moloncosa encompasses approximately 7 square kilometers of land. When [...]
Glen Eagle Resources Inc. announces that it is deferring its filing and transmission dates of Financial Statements, given the logistical delays created by the COVID-19 outbreak, the Company will be forced to push the filing dates of its year-end 2019 and first quarter 2020 financial statements from April 28th, 2020 to June 12th, 2020 or before and from May 28th, 2020 to July 14th, 2020 or before, respectively. A full list [...]
Glen Eagle Resources Inc. 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. The property, 100% owned by the Company, was acquired at no cost [...]
Glen Eagle Resources 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 [...]
Glen Eagle Resources Inc. is pleased to announce the appointment of Mr. Andrew Waller to the board of directors of Glen Eagle Resources. Mr Waller has managed, owned and operated several gold copper mining projects over the years with extensive experience in producing low cost, high output gold and copper concentrate operations internationally. He has chaired, assembled and participated on numerous boards and management [...]
Glen Eagle Resources Inc. 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. Glen Eagle Resources will have three years to utilize the $25M to expand the companys gold production activities and drilling program on the newly acquired [...]
Glen Eagle Resources Inc. 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. Information regarding the operating line of credit and the acquisition will be released in a timely manner and subject to TSX [...]