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Message: Glen Eagle Resources Inc.: Channelling Results at Lac Lisette

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Glen Eagle Resources Inc.: Channelling Results at Lac Lisette

posted on Dec 06, 11 06:39PM

(via Thenewswire.ca)

Montreal, Quebec, November 21, 2011 - Glen Eagle Resources Inc. (TSX VENTURE EXCHANGE: GER) ("Glen Eagle" or the "Company") is pleased to report that a channel sample in preparation for the drilling program has intercepted on surface 8.85 meters of high grade phosphate. Assays returned 5.69% P2O5 over 6.5 meters and 7.29% over 2 meters on the Lac Lisette property. A 2.7 meter section could not be sampled due to a depression filled with water but some evidence of similar rock type was observed.

The results are presented in the table below.

----------------------------------
|From |To   |Length (m)|% P2O5   |
|--------------------------------|
|64+00|65+00|1.0       |4.830    |
|     |     |          |         |
|--------------------------------|
|65+00|66+00|1.0       |5.070    |
|--------------------------------|
|66+00|67+00|1.0       |4.390    |
|--------------------------------|
|67+00|68+00|1.0       |4.710    |
|--------------------------------|
|68+00|69+00|1.0       |6.460    |
|--------------------------------|
|69+00|70+00|1.0       |6.090    |
|--------------------------------|
|70+00|70+50|0.5       |6.840    |
|     |     |          |         |
|--------------------------------|
|70+50|73+20|2.70      |No sample|
|--------------------------------|
|73+20|74+20|1.0       |7.050    |
|--------------------------------|
|74+20|75+20|1.0       |7.530    |
----------------------------------

The channel samples were assayed at AGAT Laboratory using standard techniques for phosphate.

With regards to the drilling program which ended on November 11, the Company expects to receive the early drill results from AGAT laboratory by the end of November. As the data becomes available, the results will be released throughout the month of December and possibly until mid January.

Gilles Laverdière, P. Geo, a qualified person according to the NI 43-101 disclosure standards, is supervising the exploration program and has reviewed and approved the technical content presented herein.

FOR FURTHER INFORMATION CONTACT:

Gilles Laverdiere, Director

Glen Eagle Resources Inc

999 De Maisonneuve West

Suite 725

Montreal, Quebec

Phone: 514-830-8236

Website: 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."

Copyright (c) 2011 Thenewswire.ca - All rights reserved.

Source: TheNewsWire (November 21, 2011 - 7:25 AM EST)

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