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Glen Eagle Resources Inc
Symbol GER
Shares Issued 82,868,108
Close 2020-05-11 C$ 0.085
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Glen Eagle to drill 2,000 m at Moloncosa

2020-05-12 11:26 ET - News Release

Mr. Jean Labrecque reports


Glen Eagle Resources Inc. has noted that a drill rig, currently on location at Cobra Oro gold processing plant, will undertake a 2,000-metre diamond drilling program on the Moloncosa concession as soon as the government calls off the lockdown.

The property was chosen over Piedra Dorada due to its large visible drilling targets and the geological knowledge that was acquired over time by the local landowner who has been operating an underground mine for the past 25 years adjacent to Moloncosa.

The program will aim at outlining the dimensions and grade of an outcropping gold zone on the property. No drilling has been done on this new zone. The outcrop was recently excavated alongside the access road of the property and measures approximately 10 m in width by six m in height.

The program will be designed to test the mineralization of the zone at 50 m intervals in order to investigate its continuity and grade over a strike length of one kilometre.

Gilles Laverdiere, PGeo and a qualified person under National Instrument 43-101, has read and approved the technical content of this news release.

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