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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Gods Lake Resources Inc | CSE:GLR | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.90 | 0.95 | 0.85 | 0 | 01:00:00 |
God's Lake Resources Inc. (CNSX:GLR) ("the Company") is pleased to announce that Eduard H. Ludwig has joined the Company as President, CEO and a director. Eduard Ludwig holds an Honours B.Sc. in geology with 28 years of experience in exploration geology, including junior resource companies and capital markets. Mr. Ludwig currently is a consulting geologist specializing in gold exploration and small scale gold extraction using portable milling technology and is President and CEO of EM Resources Inc. Prior to this, Mr. Ludwig held President and CEO positions with United Tex-Sol Mines Ltd. and Liberty Mines Inc. and was a director of Caldera Resources Inc. Mr. Ludwig operated a small scale mining and ore process operation and in 1993 was funded to demonstrate small scale mining and ore processing by The Northern Ontario Heritage Fund. The Company wishes to thank Judy Baker, the former President and CEO, for her work on behalf of the Company. God's Lake Resources is a junior gold exploration company and is publicly traded on the Canadian National Stock Exchange under the symbol GLR. The Company's focus is the Sherman Lake Gold Project, located 410 km north of Red Lake Ontario. The Sherman Lake Gold Project consists of one block of 16 leased claims. Prospecting in 1935 led to the discovery of gold in the region. Continued work uncovered spectacular high-grade gold bearing veins which later became the Sachigo River Mine, producing 52,560 oz. of gold from 46,457 tons of ore at an average grade of 1.13 oz/ton. Production commenced in 1938 and ended in 1942 due to the lack of high grade mineralization. CAUTIONARY STATEMENT No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of God's Lake, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from God's Lake's expectations are exploration risks detailed herein and from time to time in the filings made by God's Lake with securities regulators. Shares Outstanding: 8,232,888
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