Nouveau Monde Graphite Inc. press release
Glen Eagle Resources Inc.: Further Confirmation Of Enrichment at Depth on Authier
TSX - Toronto Stock Exchange · Graphite · Canada
(via Thenewswire.ca)
Montreal, Quebec, April 3, 2012 - Glen Eagle Resources Inc. (TSX VENTURE EXCHANGE: GER) ("Glen Eagle" or the "Company") is pleased to announce the results of the last two infill drill holes from the winter drilling program carried out on its Authier Lithium project near Val d'Or. The latest results clearly show an enrichment of the deposit at depth with hole AL-12-20 grading 1.39% Li20 over 18 meters. AL-12-19 was drilled closer to surface and above AL-12-20. The data for the drill holes intercepts are presented in the table below along with other values recently reported to provide a better understanding of the deposit yielding higher grades at depth.
|Hole # |From |To |Length|LI2O| | |(m) |(m) |(m) |(%) | |AL-12-19 |48.0 |70.5 |22.5 |0.71| |AL-12-20 |142.5|168 |25.5 |1,20| |Incl. |144 |162 |18 |1.39| |Incl. |150 |156 |6 |1.67| |Incl. |150 |153 |3 |1.98| |AL-12-14 |132.0|145.5|13.5 |1.21| |AL-12-17 |138.0|175.5|37.5 |1.30| | AL-12-18 and|133.5|144.0|10.5 |1.35| |AL-12-18 |151.5|163.5|12.0 |1.21|
The samples were prepared at the company's facility under the supervision of the field geologist by splitting the NQ core in two halves. One half of the core was bagged, tagged and sealed and delivered to AGAT Laboratories in Sudbury, ON for sample preparation and to AGAT Laboratories main laboratory in Mississauga, ON. The other half is kept for record. The samples were analyzed for Lithium using AGAT Laboratories' peroxide fusion method (AGAT Analysis Code 201079) and ICP-OES analysis which consists of a specialized fusion technique and an assay range of 0.01 to 25% Li. AGAT Laboratories' Mining Division is accredited to ISO/IEC 17025 and CAN-P-1579 by the Standards Council of Canada (SCC). AGAT Laboratories internal quality control procedures include the regular analysis of replicate samples, reference materials and reference blanks.
The company has also implemented its own QAQC program for quality control. The company is using two analytical standards, a high and a low standard, and blanks. One standard and one blank sample are inserted for every 20 samples and a duplicate for every 20 samples will be sent to a second accredited laboratory for analysis.
Gilles Laverdiere, P.Geo., a qualified person according to the NI 43-101 disclosing standards, is supervising the drilling program and has reviewed and approved the technical content presented herein.
Jean Labrecque, President FOR FURTHER INFORMATION, CONTACT:
Glen Eagle Resources IncInvestors Relations
999 De Maisonneuve WestLouis Morin
Suite 725514-845-1101
Montreal, Quebec
Toll free: 1-855-229-4488
Website: www.gleneagleresources.com
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