GLEN EAGLE RESOURCES Reports Strong Gold, Silver, and Mercury Assays from the La Libertad/ Santo Domingo Tailings Project, Ni...
03 Septembre 2013 - 2:29PM
Access Wire
Glen Eagle
Resources Inc. (Montreal, QC, September
3rd, 2013;
TSX VENTURE EXCHANGE: GER) ("Glen Eagle" or the
"Company")) is pleased to announce assay
results from auger hole sampling in the villages of La Libertad,
Chontales, Nicaragua and Santo Domingo, Chontales, Nicaragua. A
total of 32 Areas were examined with an auger sampling program
incorporating 93 separate auger holes. The ten areas herein
described incorporate a total of 39 of these auger holes. The auger
program was designed to study the occurrence of free gold and
silver as well as gold contained in mercury left in the tailings as
a result using mercury to absorb free gold in the processing
methodology in use in La Libertad and Santo Domingo.
Table 1: Auger Hole Assay Results
from La Libertad, Nicaragua
---------------------------------------------
|Hole |Depth (m)*|Au (g/t)|Ag (g/t)|Hg (g/t)|
|ID | | | | |
|-------------------------------------------|
|02-1 |3.20 |3.36 |3.84 |8.00 |
|-------------------------------------------|
|02-2 |4.80 |3.91 |4.11 |8.64 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|05-1 |0.70 |6.82 |7.25 |17.43 |
|-------------------------------------------|
|05-2 |0.50 |3.70 |8.97 |7.48 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|06-1 |1.50 |4.62 |5.92 |8.95 |
|-------------------------------------------|
|06-2 |1.10 |5.59 |9.18 |11.71 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|14-1 |1.05 |4.37 |9.99 |0.59 |
|-------------------------------------------|
|14-2 |0.50 |4.52 |10.56 |0.46 |
|-------------------------------------------|
|14-3 |0.70 |5.72 |12.24 |0.51 |
|-------------------------------------------|
|14-4 |1.93 |3.18 |6.71 |0.44 |
|-------------------------------------------|
|14-5 |2.27 |2.41 |6.49 |0.52 |
|-------------------------------------------|
|14.6 |1.46 |2.22 |6.60 |0.42 |
|-------------------------------------------|
|14-7 |2.10 |2.57 |8.80 |0.94 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|15-1 |2.75 |3.81 |5.34 |10.24 |
|-------------------------------------------|
|15-2 |1.00 |4.33 |5.67 |9.83 |
|-------------------------------------------|
|15-3 |1.11 |3.35 |6.60 |13.39 |
|-------------------------------------------|
|15-4 |1.60 |7.11 |9.04 |10.28 |
|-------------------------------------------|
|15-5 |1.00 |12.03 |12.19 |14.95 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|16-1 |2.05 |7.04 |14.57 |13.04 |
|-------------------------------------------|
|16-2 |3.50 |6.36 |19.13 |10.37 |
|-------------------------------------------|
|16-3 |3.05 |5.68 |8.85 |12.99 |
|-------------------------------------------|
|16-4 |3.85 |4.75 |4.34 |17.21 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|18-1 |3.30 |6.11 |7.13 |12.98 |
|-------------------------------------------|
|18-2 |3.00 |5.53 |7.23 |15.99 |
|-------------------------------------------|
|18-3 |2.70 |5.69 |23.72 |11.71 |
|-------------------------------------------|
|18-4 |2.50 |3.85 |8.84 |12.11 |
|-------------------------------------------|
|18-5 |2.00 |4.11 |3.90 |8.02 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|19-1 |3.70 |4.54 |3.59 |13.38 |
|-------------------------------------------|
|19-2 |2.70 |5.07 |4.21 |12.08 |
|-------------------------------------------|
|19-3 |2.60 |4.15 |2.85 |10.78 |
|-------------------------------------------|
|19-4 |1.30 |4.57 |2.51 |14.63 |
|-------------------------------------------|
|19-5 |1.25 |3.77 |3.81 |10.40 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|20-1 |1.10 |7.79 |9.29 |25.18 |
|-------------------------------------------|
|20-2 |1.00 |4.27 |5.69 |18.32 |
|-------------------------------------------|
| | | | | |
|-------------------------------------------|
|21-1 |1.65 |2.96 |1.36 |13.25 |
|-------------------------------------------|
|21-2 |1.15 |4.30 |4.93 |13.36 |
|-------------------------------------------|
|21-3 |1.15 |4.57 |3.47 |12.73 |
|-------------------------------------------|
|21-4 |1.45 |3.49 |3.84 |12.92 |
|-------------------------------------------|
|21-5 |1.25 |2.49 |3.87 |8.05 |
---------------------------------------------
*Depths indicated are the minimum
thickness of tailings piles.
Areas 1
to 29 are individuals owning lots in or close to La
Libertad where tailings are found in discrete quantities. The
number of auger holes varies per area, and depends on the lateral
and vertical extent of tailings that can be easily sampled and for
which a hole spacing of at least five metres is possible. Areas 30
to 32 are in or close to the village of Santo Domingo. Data for the
remaining 10 areas, incorporating the remaining 28 drill holes, is
awaited, and will be released when received and
analyzed.
Samples were
transported from the secure storage facility in La Libertad
to the ISO/IEC 17025- accredited Bureau Veritas
preparation lab in Managua, Nicaragua by the QP. Pulps were sent to
Bureau Veritas Acme Laboratories Inc in Vancouver, British Columbia
for Aqua Regia digestion followed by assay using IF30 Ultratrace
ICP MS on a 30g split.
Jim Steel MBA P.Geo.is the Qualified
Person under NI 43-101 and has read and has approved the technical
content of this news release.
For the latest
information about Glen Eagle, please visit www.gleneagleresources.com.
Jean Labrecque, President
Glen Eagle Resources Inc.
999 De Maisonneuve West
Suite 725
Montreal, Quebec
Toll free: 1-855-229-4488
Website:
http://www.gleneagleresources.com
"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."
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