GERFF - La Esperanza II Returns 6.04 g/Au /over 8.2 Meters on Surface
(TheNewswire)
November 24, 2021 – TheNewswire- Glen Eagle Resources (TSXV:GER) (OTC:GERFF) (“Glen Eagle” the“Company”, or “GER”) is pleased to announce that a newenrichment zone was discovered at La Esperanza II with drill holeLE-21-001 returning 6.04 g/t Au over 8.2 meters in a gold bearingquartz vein found on surface. The hole was stopped due to the crossingof an unknown drift while drilling.
Drill hole LE-21-002 intersected on surface 3.04 g/Auover 30.8 meters and remains open at depth.
True width of the vein will be defined afterinterpreting additional drilling results currently under analysis atCobra Oro laboratory.
Drilling by the Company is aimed at scouting thesurface of a large gold bearing zone encompassing approximately 30square kilometers. The Company has been working in the area for thelast two months to improve TPD feed to its mill and consolidatingconcession agreements with land owners. The area is located some 40kilometers away from Cobra Oro gold processing plant.
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 NI43-101.
| Hole # |
| From |
| To |
| Length |
| Gold |
| (m) |
| (m) |
| (m) |
| (gpt) |
| LE-21-001 |
| 0 |
| 0.5 |
| 0.5 |
| 1.29 |
| LE-21-001 |
| 0.5 |
| 2.0 |
| 1.5 |
| 3.81 |
| LE-21-001 |
| 2.0 |
| 3.5 |
| 1.5 |
| 4.68 |
| LE-21-001 |
| 3.5 |
| 5.0 |
| 1.5 |
| 6.57 |
| LE-21-001 |
| 5.0 |
| 6.5 |
| 1.5 |
| 7.68 |
| LE-21-001 |
| 6.5 |
| 8.2 |
| 1.7 |
| 8.27 |
| Hole # |
| LE-21-002 |
| 0 |
| 5,3 |
| 5,3 |
| 3,42 |
| LE-21-002 |
| 5,3 |
| 12,8 |
| 7,5 |
| 5,49 |
| Including |
| 5,3 |
| 6,8 |
| 1,5 |
| 8,07 |
| LE-21-002 |
| 12,8 |
| 18,8 |
| 6.0 |
| 1,43 |
| LE-21-002 |
| 18,8 |
| 24,8 |
| 6.0 |
| 1,12 |
| LE-21-002 |
| 24,8 |
| 30,8 |
| 6.0 |
| 3,40 |
| Including |
| 24,8 |
| 26,3 |
| 1,5 |
| 5,51 |
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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