Posted in | Phosphates

Glen Eagle Resources Encounters Phosphate at Moose Lake Project

Glen Eagle Resources has released the initial results of the spring drill campaign conducted at the Moose Lake project. This program includes drilling of 18 holes at 100 m of depth. The project is situated adjacent to the highway 172, about 100 km towards the northern part of Chicoutimi in Quebec.

The company has intersected 11.5% P2O5 over 1 m, 6.9% P2O5 over 5 m, 6.2% P2O5 over 29 m and 5.6% P2O5 over 41 m in hole LO 12-07; and 5.4% P2O5 over 54 m in hole LO 12-08.

Glen Eagle allocated 13 holes to the "Lac Orignal" zone, which has been currently examined over 1 km that shows half the length of the anomaly that is visible. The popular thickness, which was originally considered to be 75 m, has been expanded to a thickness of 346 m.

Lac Vanel is the freshly identified zone situated about 5 km towards the northeast part of the "Lac Orignal" zone and has been examined with five holes that enclose a region of 476 m long and 70 m thick.

The company is confident about the future drilling results that will be available from the laboratory in the subsequent two months. Gilles Laverdière, P.Geo., a qualified person as per the NI 43-101 disclosing standards, is managing the drill campaign.

Source: http://www.gleneagleresources.com/

G.P. Thomas

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G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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