Glen Eagle: New Exploration Program Has Commenced on Moose Lake
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 05/07/12 -- Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company") is pleased to announce that a new exploration program has commenced on the Company's 100% owned Moose Lake phosphate project near Chicoutimi, Quebec.
The program will collect geophysical data and sample a large section of the property to identify the best anomalies in preparation for drilling. Based on the results, the Company will decide on its budget allotment.
A similar sampling program will follow later on Lac Lisette phosphate project.
Moose Lake has produced excellent early drill results with several sections intersecting 6% phosphate. The property has also the advantage of having large anomalies visible on surface.
Gilles Laverdiere, P.Geo., a qualified person according to the NI 43-101 disclosing standards, has approved the technical content presented herein.
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.
Contacts:
Jean Labrecque, President
Glen Eagle Resources Inc.
Toll free: 1-855-229-4488
Website:
Investors Relations
Louis Morin
514-845-1101
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Datum: 07.05.2012 - 12:38 Uhr
Sprache: Deutsch
News-ID 143247
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MONTREAL, QUEBEC
Kategorie:
Mining & Metals
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