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home / news releases / glen eagle resources update


GER:CC - Glen Eagle Resources Update

(TheNewswire)



MONTREAL – TheNewswire- May 11, 2022 -- Glen Eagle Resources Inc.(TSXV:GER) (OTC:GERFF) (or"the Company") is pleased to announcethat the Cobra Oro gold processing plant, a wholly owned subsidiary ofthe Company, has received a major overhaul of its operations inHonduras. The new team that COO Karl Trudeau has brought on board isdoing an outstanding job and consequently, the improvements at theCobra Oro gold processing plant are truly remarkable and bound to havean impact on Cobra Oro’s upcoming revenues.

These improvements were also made possible by using theservices of a major company in mining logistics. The company wasinstrumental in overseeing the transportation of spare parts andgoods, as well as helping Cobra Oro finalize its ramp-up operation atits gold processing plant. Since their involvement, shipments startedarriving in a timely manner, a very important realization to improveproduction.  The timely arrival of spare parts and chemicals was afeat that the Company could not achieve on its own, making this newpartnership very vital to Cobra’s operations.

Further updates will outline all the mineral supportsystems (existing feedstocks, new agreements, new mineral discoveries)that are coming together to create a successful and viable goldproduction facility in Honduras .

Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.

Jean Labrecque,

President

Glen Eagle Resources Inc

2075 Victoria Street. Suite 201

St-Lambert, Québec

J4S- 1H1

514-808-9807

Copyright (c) 2022 TheNewswire - All rights reserved.

Stock Information

Company Name: Glen Eagle Resources Inc.
Stock Symbol: GER:CC
Market: TSXVC

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