Glen Eagle Intercepts 64.5 Meters Phosphate (P205) Grading 5.3% at Moose Lake


MONTREAL, QUEBEC--(Marketwire - Aug. 8, 2012) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to report additional drill results from its Moose Lake phosphate project located near highway 172, approximately 100 km north of Chicoutimi, Quebec.

The results are reported below and are showing a strong continuity along strike the 2 km anomaly.

Hole # From
(m)
To
(m)
Length
(m)
P205
(%)
LO 12-09 3.5 102 98.5 3.9
incl 56 102 46 5.1
LO 12-12 4 68.5 64.5 5.3
incl 35.5 67 31.5 6.1

Gilles Laverdière, 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.

"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."

Contact Information:

Jean Labrecque, President
Glen Eagle Resources Inc.
Toll free: 1-855-229-4488
www.gleneagleresources.com

Investors Relations
Louis Morin
514-845-1101