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    Glen Eagle Resources Inc.: Acquisition of 12 claims

    Investing News Network
    Oct. 06, 2010 01:03PM PST
    Battery Metals

    Glen Eagle Resources Inc. (CVE:GER) announced that it has signed the final agreement with Globex Mining Enterprises Inc. whereby Glen Eagle is purchasing a 100% interest in 12 additional claims contiguous to its Authier Lithium Property in LaMotte Township, Quebec.

    Glen Eagle Resources Inc. (TSXV:GER) announced that it has signed the final agreement with Globex Mining Enterprises Inc. whereby Glen Eagle is purchasing a 100% interest in 12 additional claims contiguous to its Authier Lithium Property in LaMotte Township, Quebec.

    The press release is quoted as saying:

    A reported lithium occurrence (RG 160, MRNF) on lot 2, Rte VI in a drill hole was found to contain 30% spodumene over 0.30 m and 20% spodumene over 1.0 m in a 5.2 m thick aplite dyke. This occurrence is located on the newly acquired claims some 600 m to the west of the Authier Lithium Deposit. Since the deposit is open to the west and at depth (see press release September 30th) towards the occurrence, the Company will be testing this extension in a future diamond drilling program. The current program which consists of approximately 2000 meters and 18 drill holes will be completed by October 8th with the expected lab results by the end of the month.

    Click here to access the entire press release

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