ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

GXG

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:GXG TSX Venture 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 -

G4G Resources Provides Update on Iron Sands Project, Guatemala

30/06/2011 9:00pm

Marketwired Canada


G4G Resources Ltd. (TSX VENTURE:GXG) ("G4G", "the Company") is pleased to
provide an update on the Guatemala Iron Sands project originally announced on
May 10, 2010.


On November 1, 2010, G4G announced that it would conduct a targeted sampling
program over an off-shore area of approximately three hundred square kilometres,
following the extension of the Off-Shore Reconnaissance License ("OSRL")
announced on October 7, 2010. The OSRL covers 2500 square kilometers along
Guatemala's entire Pacific coastline. Please see the news release dated November
1, 2010 for details.


The OSRL had been extended for a further six months to April 2011 to enable G4G
and ISA to continue the application for exploration licenses and to conduct a
preliminary environmental impact assessment study.


Due to the continuance of the environmental impact assessment study, management
has determined it prudent not to proceed with the off-shore sampling program
until such time as the exploration application has been approved by the Ministry
of Energy and Mines, Guatemala.


About G4G Resources

G4G Resources Ltd. is a Canadian-based mineral exploration and development
company focused on a number of low cost iron ore projects and copper-gold
projects on Vancouver Island.


Forward-Looking Statement

This document may contain or refer to forward-looking information based on
current expectations, including, but not limited to timing of mineral resource
estimates, future exploration or project development programs and the impact on
the Company of these events. Forward-looking information is subject to
significant risks and uncertainties, as actual results may differ materially
from forecasted results. Forward-looking information is provided as of the date
hereof and we assume no responsibility to update or revise them to reflect new
events or circumstances. For a detailed list of risks and uncertainties, as it
relates to G4G Resources Ltd., please refer to the Company's 2010 year end
audited financial statements filed with SEDAR on April 28, 2011.


1 Year Chart

1 Year  Chart

1 Month Chart

1 Month  Chart

Your Recent History

Delayed Upgrade Clock