Glen Eagle Resources Inc. secured another supply of ore for its Cobra Oro gold processing plant in Honduras.

The company said June 4 that local mining consortium Sociedad Industria Extractiva SA agreed to provide feed after it struck a similar deal with Compania Minera Moloncosa SA in March.

Glen Eagle also said it may acquire a majority stake in Sociedad Industria Extractiva's projects in the future.

The plant achieved commercial production in April 2017 after its capacity was expanded to 150 tonnes per day.