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Message: Glen Eagle on AGORACOM Small Cap TV Today - Here's Why

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Glen Eagle on AGORACOM Small Cap TV Today - Here's Why

posted on Feb 15, 11 10:39AM (Log in to use the IP Check tool) ^[?]

Good morning to you all. This isn't the full press release, just my highlights for today's AGORACOM Small-Cap TV.

I like the numbers, the location and the fact it has a market cap < $10M. Haven't bought in yet but taking a close look.

If you have any thoughts, let me know.

Regards,

George

Glen Eagle Resources Inc.: New Authier Lithium NI 43-101 Compliant Resource Estimate 40% Above Historic

Glen Eagle Resources Inc. (TSX VENTURE:GER)

announce a new NI 43-101 compliant mineral resource estimate for the Authier Lithium Property. The mineral resource estimate, using a base case cut-off grade of 0.8% Li2O, totals 4,167,000 tonnes grading 1.04% Li2O in the indicated resource category with an additional 2,290,000 tonnes grading 1.00% Li2O in the inferred resource category.

It is an important milestone for the Company to have a NI 43-101 compliant resource estimate for the Authier Lithium Property which is strategically located 45 km NW of Val d'Or in the Province of Quebec. It confirms an approximately 40% increase over the historic resource estimate when converted into metric tonnes.

SUMMARY OF THE AUTHIER LITHIUM PROPERTY MINERAL RESOURCE ESTIMATE

Resource Category Cut-off Tonnes* Grade

(%Li2O) (%Li2O)

Indicated 0.80 4,167,000 1.04

Inferred 0.80 2,290,000 1.00

About the company

Glen Eagle has 100% interest in the Authier lithium deposit in Lamothe, Quebec, 45 km NW of Val D’or and nearby Canada Lithium.

Last Sale: 0.33 52 Week Range: 0.09 - 0.34 Market Cap: 8.72M

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