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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GGL Resources Corp | TSXV:GGL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.01 | -18.18% | 0.045 | 0.045 | 0.06 | 0.05 | 0.045 | 0.05 | 3,000 | 19:26:55 |
GGL Resources Corp. (TSX VENTURE:GGL) ("GGL") is pleased to report that Rio Tinto Exploration Canada Inc. ("RIO") (formerly, Kennecott Canada Exploration Inc.) has notified GGL of its summer 2011 work plan and land tenure plan for the CH Project. RIO plans to undertake sampling, mapping, and survey work on the CH claims starting mid-July. The sampling and mapping work will focus on the eastern part of the CH Project, west of the Diavik Diamond Mine. GGL will operate the survey and sampling programmes. Mapping will focus on the surficial geology. The plan is to take 150 to 200, 20 L till samples in a tightly spaced grid to delineate drill target areas indicated by existing kimberlite indicator trains. Geophysical anomalies will be visited and checked during the programme. The survey work is required to take certain mineral claims to lease. This past winter RIO drilled three of up to nine selected kimberlite targets when severe winter conditions terminated the programme. Many geophysical and indicator mineral kimberlite targets have been identified and remain to be evaluated. ABOUT GGL RESOURCES CORP. GGL is a Canadian mineral exploration company that owns a large land position covering a greenstone belt in the NT upon which GGL has made new discoveries of gold, VMS, and nickel. Also in the NT and in addition to the RIO Option, GGL has a diamond exploration joint venture with De Beers Canada Inc. ("De Beers") adjoining the Gahcho Kue diamond discovery owned by De Beers and Mountain Province Diamonds Inc., and GGL has a 100% interest in other diamond exploration claims and leases. In British Columbia GGL owns the McConnell Creek Gold Property located 20 km southeast of the Kemess South producing gold-copper mine. GGL RESOURCES CORP. Raymond A. Hrkac, President & CEO Forward-Looking Information: This news release contains "forward-looking statements" and the cautions regarding such statements apply.
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