Glen Eagle Resources Inc.

Glen Eagle Resources Inc.

January 13, 2011 08:00 ET

Glen Eagle Resources Inc.: Corporate Update

MONTREAL, QUEBEC--(Marketwire - Jan. 13, 2011) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that the resources estimates (43-101 compliant) on its Authier Lithium project will be released sometime in early February which will give the basics to have a well defined 43-101 report expected to be completed by early March. Furthermore, the 2001 pre-feasibility study, an in-dept document consisting of more than 300 pages covering all the economics and the metallurgical aspects of the deposit will be updated shortly thereafter.

Bumigene Inc, a reputable engineering company from Montreal who authored the pre-feasibility study in 2001 has already been mandated by Glen Eagle to do the update which is meant to assist the Company in its decision making process by giving a first glimpse about the viability of the project in the current economic environment. 

"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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