Glen Eagle Resources Inc.

Glen Eagle Resources Inc.

November 10, 2010 09:15 ET

Glen Eagle Intersects 1.44% Li2O Over 45.7 Meters

MONTREAL, QUEBEC--(Marketwire - Nov. 10, 2010) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce the results of the first twinned hole on its Authier property located 15 kilometres west of Canada Lithium near Val d'Or in Quebec. The width of the dyke was better than anticipated giving an overall intercept of 53.5 meters grading 1.3% Li2O including 45.7 meters at 1.44% Li2O. The drill hole represents a near 10% improvement in lithium content over its twin: (hole 93-25 drilled by Raymor in 1993).

Hole # From (m) To (m) Width (m)* Li2O (%) Rb*
AL-10-01 71.65 125.10 53.5 1.30   1,388 78.7
Including 75.05 120.75 45.7 1.44    1,172 73.9
*The width is approximately the true width of the pegmatite.
*Rb (Rubidium) Cs (Cesium) *1ppm = 1gram/ton.

As additional core samples from the remaining drill holes (17 in total) will be assayed by ALS, the Company will release future results as soon as they are made available by the laboratory throughout the month of November and December.

The 1,900 meter program was designed to bring the historical resources 43-101 compliant. In order to achieve this, 6 holes were drilled as twin holes and the remaining 12 holes were completed in a 50x50 meter drilling grid to be able to obtain measured and indicated resources.

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.

About the method of analysis:

The samples were prepared at the company's facility under the supervision of the field geologist by sawing the NQ core in two halves. One half of the core was bagged, tagged and sealed and delivered to ALS Canada in Val d'Or. The other half is kept for record. The samples were analyzed for Lithium using the Li-OG63 method which consists of a specialized four acid digestion with an assay range of 0.01 to 10% Li. For Rare Metals and Rare Earth elements, the samples were analyzed with the ME-MS81 analytical method which consists of a lithium borate fusion prior to acid dissolution followed by ICP-MS analysis. The company has also implemented a QC/QA program for quality control. The company is using two analytical standards, a high and a low standard, duplicates 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 another laboratory for analysis.

"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"

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