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Glen Eagle’s Processing Plant Reaches 90% Gold Recovery

February 1, 2017 - releases
Glen Eagle’s Processing Plant Reaches 90% Gold Recovery

Glen Eagle Resources, (TSX VENTURE:V.GER) is pleased to announce that Cobra Oro de Honduras, a wholly own Honduran subsidiary of Glen Eagle, has reached 90% gold recovery according to the last two months of production results. This represents a 12% increase year on year and exceeds the goal of 80% recovery set in Q1/2016 guidance “Management Discussion & Analysis” quarterly report. Cobra Oro ascribes the increase to a newly installed atomic absorption spectrometer in the onsite assay lab, which has virtually eliminated the delay in knowing assay values. The procedure also enables the cyanide leach circuit to be adjusted for the character of the incoming material.read more

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