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Gold/Mining/Energy : Glen Eagle Resources

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From: alenor	9/30/2010 6:17:56 PM
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Today's news was also promoted as a 'NewsBlast' by Stockhouse. It updates what's being done at LaMotte. "Montreal, Quebec, September 30, 2010 - Glen Eagle Resources Inc. (TSX VENTURE EXCHANGE: GER) ("Glen Eagle" or the "Company") is pleased to announce that a total of 10 drill holes have been completed to date on the Authier lithium property near the town of LaMotte in Quebec. The core samples will be shipped to the ALS lab for analysis in early October and the results are expected to be received sometime in late October. The 2000-meter program was designed to bring the historical resources 43-101 compliant. In order to achieve this, 6 holes will be twinned on previously drill holes and the remaining holes will complete a 50x50 m drilling grid to be able to obtain measured and indicated resources. To date, 2 twin holes have been drilled and they intersected the expected length of lithium-bearing pegmatite. The Company will continue to drill an additional ten to fifteen holes which should be sufficient to bring all the historical resources 43-101 compliant relating to the Authier lithium deposit. Gilles Laverdière, P.Geo., a qualified person according to the NI 43-101 disclosing standards, is supervising the drilling program and has reviewed and approved the technical content presented herein...." Combined with the latest JV acquisition, I have the feeling this could be quite a winner. alen

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