GERFF - Glen Eagle Intersects True Width of 5.65 g/t Au Over 18 meters at La Esperanza II
(TheNewswire)
TheNewswire - Glen EagleResources - December 9, 2021 (TSXV:GER) (“Glen Eagle” the“Company”, or “GER”) is pleased to announce its latestdrilling results on the gold enrichment zone discovered at LaEsperanza II with drill hole LE-21- 003 intersecting 5.65 g/t Au over18 meters of true width, including 9.21 g/t Au over 9 meters fromsurface. The new data confirms the thickness of the vein frompreviously reported drill hole LE-21-002, which intersected 3.04 g/tAu over 30.8 meters from surface while remaining open at depth aspreviously reported and detailed in a News Release dated November 24.2021 along with drill hole LE-21-001 having intersected 6.4g/t Au over8.2 meters.
The well defined gold formation, while remaining openin all directions, will provide Cobra Oro with an additional 2000 tonsof good grade ore to supply its wholly owned gold processing plantbased in Choluteca, Honduras.
The drilling results are presented in the table belowand released as an update on the values that the Company hasintercepted in the context of continuous and timely informationregarding its current drilling. The data was provided by Cobra Orolaboratory and therefore non-compliant under instrument NI 43-101 butdeemed reliable supported by 5 years of reporting accurate resultsregarding its dore bars testing analysis.
| Hole # |
| From |
| To |
| Length |
| Gold |
| (m) |
| (m) |
| (m) |
| (gpt) |
| LE-21-003 |
| 0 |
| 1.5 |
| 1.5 |
| 8.86 |
| 1,5 |
| 3.0 |
| 1.5 |
| 14.91 |
| 3,0 |
| 4.5 |
| 1.5 |
| 4.68 |
| 4,5 |
| 6.0 |
| 1.5 |
| 11.90 |
| 6,0 |
| 7.5 |
| 1.5 |
| 7.26 |
| 7,5 |
| 9.0 |
| 1.5 |
| 7.64 |
| 9,0 |
| 12.0 |
| 3.0 |
| 1.60 |
| 12,0 |
| 13.5 |
| 1.5 |
| 3.42 |
| 13,5 |
| 15.0 |
| 1.5 |
| 0,90 |
| 15,0 |
| 16.5 |
| 1.5 |
| 0.48 |
| 16,5 |
| 18.0 |
| 1.5 |
| 4.49 |
Gilles Laverdière, P.Geo and a Qualified Person underNI 43-101 has read and approved the technical content of this newsrelease.
Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.”
Jean Labrecque
Glen Eagle Resources Inc
2075 Victoria Street, Suite 201
St-Lambert, Quebec
J4S-1H1
514-808-9807
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