Glen Eagle Corporate Update
31 Outubro 2013 - 11:09AM
Access Wire
Glen Eagle Resources
Inc. (Montreal, QC, 31 October 2013; TSX
VENTURE EXCHANGE: GER) ("Glen Eagle" or the "Company")
is pleased to announce that the 43-101 Technical
Report and Mineral Resource Estimate for the La Libertad/Santo
Domingo Tailings Project will be filed on SEDAR by November 4. The
permit for "Land Removal" from the city La Libertad is expected to
be issued in early November based on the latest information and
mill site preparations will commence immediately upon granting of
the permit.
The Company is also
in process of raising $1.5 million dollars for the La
Libertad/Santo Domingo Project and general corporate purposes by
critically evaluating different financial instruments available in
the market place, other than the equity market, to finance
the Project's final stages.
The Company is also pleased to
announce that the transportation model used in Resource d'Arianne's
Feasibility Study on the Lac a Paul phosphate deposit to haul its
phosphate to port will pass through Glen Eagle's Moose Lake
Property located approximately 100 km SE of Lac a Paul.
The Company has also received an in
depth proposal from Genivar Inc. to conduct a metallurgical study
on lithium bearing spodumene from the Authier Lithium Project to
evaluate the possibility of manufacturing lithium metal.
The Company intends upon financing
to implement the course of action as stated in its latest MDA
Report which is to develop its core assets in gold, lithium and
phosphate.
Gilles Laverdiere, P.Geo., a
qualified person according to the NI 43-101 disclosing standards,
has approved the content presented herein.
For the latest information
about Glen Eagle, please visit www.gleneagleresources.com
Jean Labrecque, President
Glen Eagle Resources Inc
999 De Maisonneuve West
Suite 725
Montreal, Quebec
Toll free: 1-855-229-4488
"Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release."
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