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Yahoo
28-05-2025
- Business
- Yahoo
Graphano Encouraged by Positive Developments at Black Pearl Graphite Discovery
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) ("Graphano" or the "Company") is pleased to announce the completion of the current phase of exploration on the Black Pearl graphite property in Québec, Canada. The program has successfully advanced Black Pearl to drill-ready status and expanded its size potential. Current interpretations indicate a folded trend approximately 1.2 kilometres in length, containing multiple graphite related conductive zones over surface widths of up to 300 metres (Figure 1). The mineralized trend remains open to the north. Graphano's next step will be to conduct additional ground geophysical surveys to further delineate the potential of this significant discovery prior to first-phase drilling. FIGURE 1: Black Pearl Compilation and Interpretation(Note: All channel sample results reported are based on bedrock surface widths, true widths of mineralization will be determined with drilling programs.) To view an enhanced version of this graphic, please visit: The Black Pearl discovery was made by Graphano in 2024 through basic prospecting methods. Channel sampling from the initial discovery returned significant grades and thicknesses of graphite mineralization such as 15.1% Cg over 14 metres (m) and 17.9% Cg over 9 m (see Graphano news release of July 16, 2024). The geologic setting of this previously unexplored area is similar to the major graphite deposits of the Lac des Iles region. The current exploration program carried out by St-Pierre Exploration of Amos, Québec, consisted of line cutting, ground electromagnetic surveys (Max-Min II and VLF-EM), prospecting and mechanical stripping of bedrock. To date, approximately 7 kilometres of line cutting and ground geophysics have been completed. Bedrock stripping during the current program has uncovered high grade graphite zones, ranging from 0.5 to 2.0 m in thickness, over an approximate strike length of 100 metres between L400N and L500N (Figure 1). Channel sampling results are currently pending for this mineralization. Luisa Moreno, CEO of Graphano, stated: "We are very encouraged by the continued progress at Black Pearl. Advancing the project to drill-ready status and identifying multiple conductive graphite zones confirms the strong potential of this discovery. Our team will now focus on further defining the mineralization through geophysics and drilling. Black Pearl is shaping up to be a valuable asset in our growing portfolio and strengthens our strategy to become a key supplier of high-quality graphite for the electric energy transition and expansion." About St-Pierre Exploration St-Pierre Exploration is a Québec-based geological services firm headquartered in Amos. The company provides field support, project design, and technical expertise for mineral exploration programs across the province. About Graphano Energy Graphano Energy Ltd. is an exploration and development company focused on evaluating, acquiring, and developing energy metals resources from exploration to production. Graphite is one of the most in-demand technology minerals required for a green and sustainable world. The Company's Lac aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Québec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the Company is developing its project to meet the demands of the future. ON BEHALF OF THE BOARD OF DIRECTORS, Luisa MorenoChief Executive Officer and Director E: info@ 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. Cautionary Note Regarding Forward-Looking Statements: This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, further exploration at the Black Pearl graphite discovery and the Company potentially becoming a supplier of graphite. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Graphano, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Graphano does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Cassiar Gold Reports New Geophysical Targets
Calgary, Alberta--(Newsfile Corp. - May 22, 2025) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to report the results of a series of geophysical surveys conducted across the Cassiar Gold Property in northern British Columbia during the 2024 exploration program (Figure 1). The DCIP, magnetic, and VLF-EM surveys have identified multiple anomalies. These anomalies may be representative of new prospective structures, extensions of known gold-bearing quartz veins, and broad areas of potential hydrothermal alteration and disseminated sulphide mineralization in host rocks similar to those that host the Taurus deposit. These results provide critical structural and geological context to advance the pipeline of targets for the 2025 field-based investigations and future drill targeting. Highlights: The 2024 surface program was designed to enhance the geological, geochemical, and geophysical base for exploration beyond established drill targets, providing further context to support potential new discoveries and expansion of known mineralized areas. Several geophysical surveys, reported here, were conducted concurrent to the Company's 2024 diamond drill program. These included 3D DC-resistivity and induced polarization (DCIP), magnetics, and very low frequency electromagnetic (VLF-EM) surveys. The newly acquired data has identified multiple anomalies that will contribute to exploration program planning. Geophysical surveys completed at Cassiar North (drone-supported magnetics and DCIP) and Cassiar South (drone-supported VLF-EM) identified multiple high-priority targets that have not been tested by previous exploration. Collectively, these datasets: Outlined multiple new prospective targets parallel to structures which control mineralization in known productive trends Extended the interpreted strike length of several known gold-bearing quartz vein systems Identified several previously untested areas with signatures that suggest broad areas of potential prospective alteration of host rocks "The results from our 2024 field program suggest a structural and geologic setting with potential for mineralized vein systems to span several kilometres," said Jill Maxwell, VP Exploration for Cassiar Gold Corp. "Anomalies identified using new and historical datasets have identified a geophysical signature interpreted to be related to the mineralizing hydrothermal system which extends well beyond the current areas of drilling, opening up new ground for exploration in the upcoming field season." Figure 1. Cassiar North 2024 field campaign plan view of detailed map areas (yellow stars), grab sample locations, soil sample locations, and DCIP, magnetics, and VLF-EM survey footprints (shown in detail in Figures 2 through 5). To view an enhanced version of this graphic, please visit: Property Overview The Cassiar Gold Property hosts several regional prospects with potential to host Taurus deposit-style mineralization in outlying areas to the Taurus bulk-tonnage Inferred gold resource estimate of 1.4 million ounces grading 1.14 grams per tonne (g/t) gold (Au) [1]. High-grade shear veins comprise the deposit style typical of the past-producing mines at the Cassiar South project area which holds potential to host new parallel veins associated with high-grade mineralization, and extensions and fault offsets of past-producing vein systems. Cassiar North Project Area: DCIP and Drone Magnetics Surveys The Company contracted Pioneer Exploration Consultants Ltd. ("Pioneer") to complete a drone-based magnetic survey over a 60 km2 area of the northern Cassiar project. Dias Geophysical Ltd. ("Dias") was engaged to complete a 3D direct current-resistivity and induced polarization (DCIP) survey over approximately 6 km2 (Figures 1,2,3,4) of this area with the objective to expand modern data coverage and integrate with 2023 datasets to evaluate the potential for direct detection of quartz vein-associated disseminated sulphide mineralization beyond the extent of the inferred mineral resource. These surveys also aimed to evaluate the potential to identify structural and lithological features that may play a role in controlling, or may host, gold-bearing quartz veins. Figure 2. Map of the analytical signal response of the 2024 drone-supported magnetics survey conducted at Cassiar North. Apparent magnetic lows (blue dashed lines), peripheral to magnetic highs, bear spatial association with moderate to strong chargeable responses (yellow dashed lines) coincident with areas host to known gold-showings at surface, with & without previous early-stage drilling (blue & white stars, respectively). To view an enhanced version of this graphic, please visit: Magnetics The domain that hosts the 2022 Taurus Resource exhibits a strong magnetic response in the survey area with several discrete subcircular magnetic features throughout the domain, one of which coincides with the footprint of the Taurus deposit (Figure 2). Moderate chargeability anomalies are apparent in the DCIP survey, which may represent direct-detection of gold-related sulphide mineralization occurred near the edges of magnetic anomalies - a pattern noted at both the Taurus deposit and the Wings Canyon brownfields target. The analytical signal magnetic data revealed several areas of apparent lower magnetism peripheral to magnetic highs, thought to represent areas of magnetite destruction. These zones are interpreted to reflect hydrothermal alteration related to gold-bearing vein systems, similar to the Taurus deposit. Importantly, newly identified structural lineaments may represent east-northeast extensional splays from a major northwest regional control to mineralization in the district. The interaction of these primary and secondary structures are known to influence the distribution of gold on the property and will be key targets in the coming field season. DCIP Dias generated a 3D inversion model of chargeability, conductivity, and resistivity, integrating 2023 and 2024 survey datasets. The integrated datasets outline three distinct geophysical domains, each with promising exploration targets (Figures 2,3). Domain 1 initially surveyed in 2023 and includes both the Taurus deposit and Wings Canyon target area, hosts moderate chargeability responses associated with known gold and disseminated sulphide mineralization. Anomalies identified east and west of Taurus, and east of Wings Canyon, in areas with lower apparent magnetic responses are considered prospective for follow up. Domain 2 is characterized by low resistivity and magnetic responses, interpreted to be due to underlying sedimentary rocks, allowing the contact to be traced under cover. A series of discrete chargeability anomalies near the boundary of this domain may represent pyritic alteration envelopes with potential to host gold mineralization and warrant further ground truthing. Domain 3 exhibits a banded series of resistivity and chargeability lineaments which may indicate a new area of gold-bearing quartz veins with carbonate rich and pyritic alteration envelopes. This series of features is characterized by low magnetic responses and alternating lineaments of high resistivity/low chargeability and moderate resistivity/high chargeability. Much of this area is under cover, as such several IP anomalies have not been explored and present high-quality targets for follow up investigations. Figure 3. Map of the vertical projection of the DCIP survey chargeability inversion contours (mV/V) of integrated 2023 + 2024 survey data at 50 m constant depth. To view an enhanced version of this graphic, please visit: Figure 4. Map of the vertical projection of the DCIP survey DC resistivity inversion (Ohm-m) of integrated 2023 + 2024 survey data in plan section at 140m depth below surface relative to the Taurus resource. To view an enhanced version of this graphic, please visit: Drone VLF The Company contracted Pioneer Exploration Consultants Ltd. ("Pioneer") to complete a drone-based magnetic survey over a 7.5 km2 area at the Cassiar South project area (Figure 5). The survey was designed to evaluate the suitability of high-resolution modern VLF data to detect known near-surface structures that could host gold-bearing quartz veins, key faults, and geological contacts at the project area, while potentially identifying new exploration targets. The survey area included the East Bain vein - a known and unmined segment of the past-producing Bain Mine - and the thrust contact between mafic volcanic rocks, known host to gold-bearing veins on the property, and overlying sediments. The survey successfully outlined the relatively flat lying thrust contact. Results suggest that structures which host the known gold-bearing veins in the area often correspond with breaks or changes in orientation of the thrust fault contact. The presence of such breaks or deflection features will contribute to exploration targeting and prioritization. Importantly, responses suggest a series of east-northeast trending structural lineaments, including several on-trend with known gold-bearing quartz vein segments. This observed response aligns with the unmined East Bain vein of the past-producing Bain Mine where survey results suggest the vein system may extend well beyond its currently known extent. Several other prospective parallel lineaments were also highlighted and are considered high priority for follow-up investigation. Figure 5. Plan view map of 2024 drone-supported VLF-EM survey. Interpreted lineaments highlight potential for along strike extensions of known vein systems as well as new blind parallel veins. To view an enhanced version of this graphic, please visit: Summary The recent DCIP, magnetic, and VLF-EM surveys at the Cassiar Gold property have successfully identified multiple anomalies which may be representative of new prospective structures, extensions of known gold-bearing quartz veins, or broad areas of potential hydrothermal alteration and disseminated sulphide mineralization in host rocks similar to those that host the Taurus deposit mineralization. These results provide critical structural and geological context to advance the pipeline of targets to guide 2025 exploration, including field-based investigations and drill targeting. The technical team is actively integrating survey outcomes into program planning as we look toward the upcoming field season. Survey Specifications The magnetic survey was completed using a GEM Systems GSMP-35U UAV Magnetometer mounted and suspended below a Hercules X4 UAV, with the sensor set to 35 m above ground level. Lines were spaced at 50 m, flown at an azimuth of 022.5o, for a total of 1384 line-kilometres flown. The principal VLF airborne sensor used was a GEM Systems GSM-90AVU UAV-VLF system being carried in a towed bird with a heavy lift Hercules X8 multirotor UAV, with the sensor set to 45 m above ground level. Lines were set at 50 m spacing and 022.5o orientation, for a total of 155 line-kilometres flown. The DCIP survey was completed using the DIAS32 acquisition system with a Dias GS5000 25kW transmitter, and a rolling distributed 3D array with pole-dipole transmitter configuration. The inversion model derived from integration of 2023 and 2024 provided near surface resolution of approximately 25 m x 50 m, and a depth search of approximately 400-600 m. The survey was comprised of 19 transmit lines alternating with 20 receiver lines, oriented southwest-northeast with an azimuth of 016.5o and 175 m spacing. Transmitter stations were spaced 150 m apart and receiver stations were spaced 75 m apart along their respective lines. Two current extensions were extended beyond the ends of the transmit lines to increase depth of investigation along grid margins; a current remote electrode station was established approximately 5 km west of the grid. Qualified Person The technical information in this news release has been reviewed and approved by Jill Maxwell, Cassiar Gold Corp.'s VP Exploration, who is a Qualified Person as defined by National Instrument 43-101. About Cassiar Gold Corp. Cassiar Gold Corp. is a Canadian gold exploration company holding a 100% interest in its flagship Cassiar Gold Property located in British Columbia, Canada. The Cassiar Gold property spans 590 km2 and consists of two main project areas: Cassiar North, which hosts a NI 43-101-compliant inferred resource estimate of 1.4 Moz at 1.14 g/t Au (cutoff grade of 0.5 g/t Au) known as the Taurus Deposit (see National Instrument 43-101 Technical Report on the Cassiar Gold property, April 28, 2022, by S. Zelligan, J. Moors, C. Jolette, which is available on SEDAR+); and Cassiar South, which hosts numerous gold showings, historical workings, and exploration prospects. Historical underground mines in the Cassiar South area have yielded over 315,000 oz of Au at average head grades of between 10 and 20 g/t Au1, underscoring the high potential for further discovery and expansion of high-grade orogenic gold veins. The Company also holds a 100% interest in properties covering most of the Sheep Creek gold camp located near Salmo, British Columbia, Canada. The Sheep Creek gold district ranks as the third largest past-producing orogenic gold district in British Columbia with historical gold production of 742,000 ounces gold at an average grade of 14.7 g/t gold from 1900 to 1951. Minimal exploration work has been conducted since the 1950s. Cassiar Gold Corp. acknowledges, respects, and supports the rights of Traditional First Nations in the lands and communities where we operate. CONTACT INFORMATION Jason Shepherd VP Investor Relations Cassiar Gold Corp. E-mail: jasons@ Phone: 250-212-2122 Forward-Looking Statements This press release may contain forward-looking statements including those describing Cassiar Gold's future plans and the expectations of management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Cassiar Gold and its management. In particular, this news release contains forward-looking statements pertaining, directly or indirectly, to the Company's exploration plans and work commitments. Although Cassiar Gold believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties, actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, general economic, market or business conditions, risks associated with the exploration and development industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, the COVID-19 pandemic, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. These statements speak only as of the date of this release or as of the date specified in the documents accompanying this release, as the case may be. The Company undertakes no obligation to publicly update or revise any forward-looking statements except as expressly required by applicable securities laws. Neither the 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. [1] See April 28, 2022, NI43-101 Report titled "National Instrument 43-101 Technical Report on the Cassiar Gold Property" by Zelligan, Moors, Jolette, To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
19-02-2025
- Business
- Associated Press
GGL Resources Corp. Highlights Key Projects and Plans for 2025
VANCOUVER, BC / ACCESS Newswire / February 19, 2025 / GGL Resources Corp. (TSXV:GGL) ('GGL' or the 'Company') is pleased to provide investors an update on its two key assets; the McConnell copper-gold project in northern BC, and the Gold Point gold project in Nevada. News Release Highlights: Copper-gold porphyry targets identified at the McConnell Project and adjacent to a 12 km long shear hosted gold zone, Toodoggone District, BC The consolidated, past-producing Gold Point Camp in Nevada's Walker Lane hosts strongly oxidized, high-grade and bulk-tonnage gold targets. CEO Statement 'We are very pleased to highlight GGL's flagship projects, located in two of the most prominent exploration districts in North America' stated Matthew Turner, GGL's Interim CEO. 'McConnell brings a potential copper-gold discovery in BC's Toodoggone District near Amarc Resources Ltd.'s new Aurora porphyry discovery, while Gold Point hosts oxide gold targets near a major highway and close to Anglo-Ashanti's Silicon Discovery. GGL intends to advance both projects in 2025.' McConnell Project The 100% owned, road accessible and permitted McConnell Project is located in the Toodoggone mining district of northern BC, approximately 20 km southeast of the past producing Kemess copper porphyry deposit. The project is also on-trend with Amarc Resources Ltd.'s ('Amarc') new Aurora discovery made on its Joy project that Amarc is exploring with Freeport-McMoRan. Other on-trend past producers include the Shasta, Bakers and Lawyers high-grade gold mines which are currently being reevaluated for copper-gold porphyry potential. The McConnell Project currently covers over 70 km2 while core areas of the project have been held continuously by GGL since 1981 and have seen little exploration in the last 30 years. Historical exploration focused on the eastern part of the property, outlining a 9 km x 300 m wide zone of shear hosted mesothermal (orogenic) gold mineralization. The strong correlation between the mineralized quartz veins and a ground VLF-EM survey indicates the zone continues under cover for a total of 12 km. Past drilling by GGL returned multiple one-meter intervals of 10 - 15 g/t Au. Trenching has returned 7 - 8 g/t Au over 2 - 5 m. The majority of the work here was conducted in the 80s. There has been no drilling or trenching on the gold zone since 2008. In recent years GGL shifted exploration efforts to the western portion of the property which contains an under-evaluated copper-gold porphyry target. Potassic altered monzonite has been identified in several surface workings dating back to the 1960s and 70s. Surface samples collected by GGL have returned values ranging from 0.5 - 20% Cu and 1 - 2 g/t Au. Similar to recent discoveries in the district, this area of the project has limited outcrop exposures. However, where exposed the copper-gold mineralization can be found across at least 500 m. A reconnaissance induced polarization (IP) survey conducted in 2008 revealed a yet untested buried chargeability anomaly. Age dating of the intrusion returned a date of 201.4 Ma + 6.4 Ma (LA-ICP-MS on zircon) placing it within the date range of calc-alkalic Cu-Au porphyries of the region (Mihalasky, 2013). In light of recent significant discoveries in the area, the under evaluated Cu-Au porphyry target at McConnell warrants further advancement. The recent surge in gold prices warrants additional work at McConnell's high-grade gold zone to refine the geologic controls and to model the potential of either a bulk-tonnage or moderate-size high-grade resource. A technical slide deck of the McConnell Project can be found on the GGL website. Gold Point The permitted and road accessible Gold Point Project is located 26 miles south of Goldfield, Nevada, and covers several historical mine sites that intermittently produced high-grade gold and silver between 1882 and 1962. GGL has spent the last several years consolidating this camp-scale gold district with the land package currently totaling approximately 7,400 acres. The project now covers five significant former mines (Orleans, Great Western, Lime Point, Cook, Grand Central) plus numerous smaller workings totaling at least 17 known to date. Gold is hosted in vein-faults that generally trend WNW-ESE and are exposed over a 1,600 m x 2,200 m area before being obscured by alluvial cover in three directions. Gold mineralization occurs along the veins with higher grades occurring as shoots at structural intersections. Some examples of higher grades collected underground by GGL at the Orleans Mine are 61.8 g/t Au over 1.38m, 27.7 g/t over 1.68m and 21.4 g/t Au over 1.22m on the 300-, 150-, and 800-foot levels respectively. The underground workings are developed to a maximum vertical depth of 750 ft at the Orleans where the workings are dry and mineralization displays varying degrees of oxidation. GGL is in the planning stages for exploration work at Gold Point during 2025. The focus of this work will be to evaluate the untested on-strike potential of this camp-scale gold rich vein corridor. The potential exists for additional high-grade discoveries and/or the ability to define a near-surface bulk tonnage target. Efforts will also be directed to further evaluate the high-grade un-mined material accessible from developed levels of all the mines as well as to test the system to depth beyond the historical mine workings. On September 25, 2024, GGL announced the option of claims covering the Le Champ copper-molybdenum-gold porphyry target at Gold Point to Teck American Incorporated, a subsidiary of a leading Canadian resource company, Teck Resources Limited. Qualified Person Technical information in this news release pertaining to the McConnell Project has been reviewed and approved by David Kelsch, President of GGL Resources Corp., a qualified person for the purposes of National Instrument 43-101. Technical information in this news release pertaining to the Gold Point Project has been reviewed and approved by Matthew R. Dumala, a geological engineer with Archer, Cathro & Associates (1981) Limited and a qualified person for the purposes of National Instrument 43-101. About GGL Resources Corp. GGL is a seasoned, Canadian-based junior exploration company, focused on the exploration and advancement of under evaluated mineral assets in politically stable, mining friendly jurisdictions. The Company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane Trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past producing high-grade mines, as well as an exciting new porphyry target which is currently under option to Teck American Incorporated. The Company also owns the McConnell Project, which hosts mesothermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Colombia. GGL also holds diamond royalties on mineral leases adjacent to the Gahcho Kué diamond mine and southwest of the Ekati diamond mine in the Northwest Territories. ON BEHALF OF THE BOARD 'Matthew Turner' Matthew Turner Director and Interim CEO For further information concerning GGL Resources Corp. or its various exploration projects please visit our website at or contact: Neither the 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. Information contained in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "(re-)evaluate', 'under-evaluated', 'potential', 'deeply', 'on-trend', 'strong', 'significant' and similar expressions, or that events or conditions 'may', 'could' or 'will' occur. GGL cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the control of GGL. Such factors include, among other things: risks and uncertainties relating to exploration and development and the results thereof, including the results of the recently completed drill program, the impact on future mineral resource estimates, the potential for new discoveries, and the results of future metallurgical programs, as well as the ability of GGL to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in GGL's financial statements available under the GGL profile at Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GGL undertakes no obligation to publicly update or revise forward-looking information.
