Annuncio • Oct 10
GGL Resources Corp. announced that it has received CAD 0.425 million in funding On October 9, 2025, GGL Resources Corp. closed the transaction. The company issued 1,500,000 units at a price of CAD 0.05 at a price of CAD 75,000 in its second and final tranche. Each warrant entitling the holder to purchase one additional common share at a price of CAD 0.10 until October 9, 2027. All of the shares issued pursuant to the final tranche, including any shares that may be issued pursuant to the exercise of the warrants, are subject to a hold period in Canada until February 10, 2026. An insider purchased a total of 200,000 units in the final tranche. Annuncio • Jun 25
GGL Resources Corp. announced that it expects to receive CAD 0.5 million in funding GGL Resources Corp. announced a private placement to issue 10,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on June 24, 2025. Each unit will consist of one common share and one common share purchase warrant, with each warrant to entitle the holder to purchase one common share at an exercise price of CAD 0.10 for a period of 24 months following the closing of the private placement. All of the shares issued pursuant to this private placement, including any shares that may be issued pursuant to the exercise of the warrants, will be subject to a hold period in Canada of four months plus one day from closing. The transaction is subject to TSX Venture Exchange acceptance. Insiders may participate in the private placement and finders’ fees or brokers’ commissions may be paid in accordance with TSX Venture Exchange policies. Annuncio • Jun 02
GGL Resources Corp., Annual General Meeting, Aug 11, 2025 GGL Resources Corp., Annual General Meeting, Aug 11, 2025. Location: british columbia, vancouver Canada Annuncio • Feb 25
GGL Resources Corp. announced that it has received CAD 0.2 million in funding On February 24, 2025. GGL Resources Corp. has closed the transaction. Annuncio • Jan 30
GGL Resources Corp. announced that it expects to receive CAD 0.2 million in funding GGL Resources Corp. announced a non-brokered private placement offering to issue o 4,000,000 common shares at a price of CAD 0.05 per share for gross proceeds of CAD 200,000 on January 29, 2025. Insiders may participate in the private placement and finders' fees or brokers' commissions may be paid in accordance with TSX Venture Exchange policies. All securities issued as part of the Offering will be subject to a hold period in Canada of four months plus one day from closing. The offering is subject to TSX Venture Exchange acceptance. Annuncio • Aug 16
GGL Resources Corp. announced that it has received CAD 0.3 million in funding On August 15, 2024, GGL Resources Corp. closed the transaction. Insiders of the company purchased a total of 5,400,000 common shares in the private placement. All of the securities issued pursuant to the private placement are subject to a hold period in Canada until December 15, 2024. Annuncio • Jul 18
GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding GGL Resources Corp. announced a non-brokered private placement of up to 6,000,000 common shares at a price of CAD 0.05 per share for gross proceeds of up to CAD 300,000 on July 17, 2024. The transaction may include participation from insiders of the company. The company may pay finders’ fees or brokers’ commissions in accordance with TSX Venture Exchange policies. All securities issued as part of the offering will be subject to a hold period in Canada of four months plus one day from closing. Annuncio • May 31
GGL Resources Corp. announced that it has received CAD 0.3 million in funding from Dave Kelsch Consulting Ltd., Strategic Metals Ltd., ECEE Money Limited On May 30, 2024, GGL Resources Corp. closed the transaction. The company has issued 2,800,000 common shares at a price of CAD 0.05 per share for the gross proceeds of up to CAD 140,000 in its second and final tranche closing. The transaction included participation from new investor ECEE Money Limited for 2,800,000 shares for CAD 140,000. All of the securities issued pursuant to the final closing are subject to a hold period in Canada until October 1, 2024. Annuncio • Apr 11
Ggl Resources Corp. Announces the Results of an Induced Polarization/Resistivity Survey At the Road-Accessed Le Champ Copper- Molybdenum-Gold Porphyry Target, on Its 100% Owned West Gold Point Project in the Walker Lane Trend of Western Nevada GGL Resources Corp. announced the results of an Induced Polarization/Resistivity survey (the "survey") at the road-accessible Le Champ copper-molybdenum-gold porphyry target, on its 100% owned West Gold Point Project in the Walker Lane Trend of Western Nevada. A large and discrete Induced Polarization ("IP") anomaly that was traced across seven of the nine survey lines begins between 150 m and 300 m below surface and extends to depth. The significance of this approximately 1.8 km by 1 km IP anomaly is bolstered by its close correlation with magnetic features and related anomalous copper, molybdenum, and gold-in-soil geochemistry. This IP target coincides with a strong magnetic anomaly identified by an earlier airborne magnetic and radiometric survey completed by GGL. The coincident IP and magnetic anomalies with supportive geochemistry and geology are indicative of a large, yet untested copper-molybdenUM-gold porphyry system. The IP anomaly is interpreted to be caused by metallic sulphide minerals forming a shell around the contact between different intrusive phases. Geological mapping at Le Champ has identified six separate intrusive phases within the Sylvania Plutonic Complex hosting extensive stockwork and sheeted vein zones. The strongest molybdenum-in-soil anomalies are associated with the stockwork zones. Copper-in-soil geochemistry marking the porphyry target is moderately elevated due to deep weathering and leaching, which occurs throughout the target area. The strongest copper-in-soil values occur near shallowly south-dipping fault structures and stockwork zones. The survey, conducted by Zonge International, comprised nine lines, each 5.4 km long and spaced 300 m apart, totaling 48.6 line-km. Dipoles were spaced 300 m apart along the lines. The survey was centered over areas with abundant stockwork veining and silica alteration, which were identified by recent mapping at Le Champ. The stockworks and alteration are believed to mark the upper levels of a buried porphyry system. Strongly elevated molybdenum values and moderate copper results are consistent with a leached porphyry system and suggest that supergene-enriched mineralization could be found at depth. GGL is very encouraged by the results of this IP survey, particularly in context with the other geophysical, geochemical and geological data collected to date. The IP anomaly presents well-defined drill targets at relatively shallow depths. GGL has commenced planning for a diamond drill program later this year. Additional surface mapping at Le Champ will be conducted in conjunction with the planned drill program. This mapping will further refine drill targets by focusing on alteration styles, structure, intrusive phases, and vein density along the survey lines, with priority given to areas where the IP anomaly is closest to surface. Annuncio • Mar 28
GGL Resources Corp., Annual General Meeting, May 17, 2024 GGL Resources Corp., Annual General Meeting, May 17, 2024. Annuncio • Feb 13
GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding GGL Resources Corp. announced a non-brokered private placement of up to 6,000,000 common shares at a price of CAD 0.05 per share, to raise gross proceeds of up to CAD 300,000 on February 13, 2024. Insiders may participate in the private placement and finders’ fees or brokers’ commissions may be paid in accordance with TSX Venture Exchange policies. All securities issued as part of the Offering will be subject to a hold period in Canada of four months plus one day from closing. The transaction is subject to the approval of TSX Venture Exchange. Annuncio • Jan 16
Ggl Resources Corp. Announces Results from the Fall 2023 Exploration Program and Expansion of Its Gold Point Project, Nevada GGL Resources Corp. announced results from the fall 2023 exploration program at the Le Champ copper-molybdenum porphyry target ("Le Champ") on its 100%-owned and road-accessible Gold Point Project in the Walker Lane Trend of Western Nevada. The Company is also announced that it has staked additional claims to better cover the porphyry target and to acquire additional gold-silver veins elsewhere on this district-scale property. Detailed mapping and sampling at Le Champ were completed in late October 2023. During the fall program, 377 soil samples and 27 rock samples were collected. Geological mapping identified six separate intrusive phases within the Sylvania Plutonic Complex hosting extensive stockwork and sheeted vein zones. The strongest molybdenum-in-soil anomalies are associated with the stockwork zones. Copper-in-soil geochemistry is moderately anomalous throughout Le Champ with the strongest values near shallowly south-dipping fault structures and stockwork zones. Large magmatic breccias containing limonite altered cubes and clots, often up to 2 cm across, were identified on the north side of the target area near historical workings containing copper mineralization. A float sample comprising limonite clots collected from the breccia returned 6.29% copper and 203 g/t silver. The exact timing of the brecciation is not yet known, but is thought to be a late event as it includes clasts of mafic dykes which are seen elsewhere on surface cutting the other intrusive phases. Only a few small historical workings are located within the vicinity of Le Champ, and most are pits along gently south-dipping fault structures containing malachite and azurite. This copper mineralization is believed to be sourced from deeper in the system and to have migrated to surface along the fault conduits. There is no evidence Le Champ has previously been drilled. The Company believes that the results from this work program are highly encouraging, particularly when added to previously announced results from earlier geochemical and geophysical surveys. It is believed that the abundant stockwork veining and silica alteration seen at surface mark the upper levels of a buried porphyry system. The strongly elevated molybdenum values and more subdued, but still noteworthy, copper results are consistent with a leached system, and suggest that stronger mineralization could be found at depth. Future work will be directed to better understand the extent of the porphyry system, both on surface and at depth. An Induced Polarization survey is planned for spring 2024. In November 2023, the Company staked an additional 52 claims around Le Champ to ensure extensions of the stockwork veining and magmatic breccia zones were fully covered. Additionally, 11 claims were staked within an extensive gold-silver vein system located about 3.5 km northeast of Le Champ. These claims are contiguous with the Company's existing claim block and are located 700 m along strike to the west of the main underground workings on the Orleans Vein. There are numerous historical surface and underground workings on the new claims. These workings have not yet been mapped or sampled by the Company, but mineralization closely resembles that found in high-grade veins system elsewhere on the Gold Point property. Systematic surveying and sampling of the newly acquired veins will be undertaken in spring 2024, in conjunction with the IP survey at Le Champ. The Gold Point property now comprises 377 lode claims and 7 patented claims covering a total area of approximately 7,443 acres (30.1 km2). Le Champ is located about 3.5 km west of the gold-rich veins that have been the focus of historical exploration at Gold Point. The porphyry lies within the Late to Middle-Jurassic Sylvania Granitic Complex, a multi-phase intrusive suite that covers an area greater than 400 km2 along the Nevada-California border stretching between Fish Lake Valley to the north and Death Valley to the south. It typically ranges in composition from granite to quartz monzonite, but locally contains more mafic phases. This pluton is similar in age to intrusions that host large porphyry systems in the Yerington district of Walker Lane, 249 km to the northwest. The Walker Lane hosts four significant known porphyry deposits (Yerington, Ann Mason, Bear, and MacArthur), all of which are located near Yerington. The Yerington Mine was operated by the Anaconda Company from 1952 until 1979 and produced approximately 1.744 billion pounds of copper at an average grade 0.54% copper. This deposit, along with the Bear and MacArthur deposit are currently held by Lion Copper and Gold. The Ann Mason deposit is owned by Hudbay Minerals Inc. and contains 2.2 billion tonnes of measured and indicated resources grading 0.29% copper and 67 ppm molybdenum. Annuncio • Oct 27
GGL Resources Corp., Annual General Meeting, Dec 28, 2023 GGL Resources Corp., Annual General Meeting, Dec 28, 2023. Annuncio • Oct 01
GGL Resources Corp. announced that it has received CAD 0.9 million in funding from Strategic Metals Ltd. and other investors On September 29, 2023, GGL Resources Corp. closed the transaction. The Offering consisted of the sale of 18,000,000 common shares at a price of CAD 0.05 per share, for gross proceeds of CAD 900,000. The transaction included participation Matthew Turner for 200,000 shares, W. Douglas Eaton for 6,000,000 shares, Linda Knight for 60,000 shares and returning investor Strategic Metals Ltd for 5,340,000 shares. The transaction included participation from 15 investors including existing four insiders for 11,600,000 shares. The transaction has been approved by the TSX Venture Exchange. Annuncio • Jul 28
GGL Resources Corp. announced that it expects to receive CAD 0.9 million in funding GGL Resources Corp. announced a non-brokered private placement of up to 18,000,000 common shares at a price of CAD 0.05 per share, to raise gross proceeds of up to CAD 900,000 on July 27, 2023. Insiders may participate in the private placement and finders' fees or brokers' commissions may be paid in accordance with TSX Venture Exchange policies. All securities issued as part of the offering will be subject to a hold period in Canada of four months plus one day from closing. The transaction is subject to TSX Venture Exchange acceptance. Annuncio • Jul 26
WestKam Gold Corp. (TSXV:WKG) signed a definitive agreement to acquire McConnell Property In northwestern British Columbia from GGL Resources Corp. (TSXV:GGL). WestKam Gold Corp. (TSXV:WKG) signed a definitive agreement to acquire McConnell Property In northwestern British Columbia from GGL Resources Corp. (TSXV:GGL) on July 18, 2023. Consideration will be paid in shares to GGL Resources. Transaction is subject to receipt of TSX Venture Exchange approval. Annuncio • Jul 13
GGL Resources Corp Discovers a Copper-Molybdenum-Gold Porphyry at its Gold Point Project, Nevada GGL Resources Corp. announced the discovery of a previously unrecognized copper-molybdenum-gold porphyry system at its road-accessible Gold Point Project in the Walker Lane Trend of Western Nevada. The porphyry target, referred to as Le Champ De Gold Point ("Le Champ"), was first identified through routine contour soil sampling late last year and has since been better defined by additional soil and rock sampling, helicopter-borne magnetic and radiometric surveys and reconnaissance-scale geological mapping and prospecting. Le Champ is located about 3.5 km west of the gold-rich veins that have been the focus of historical exploration at Gold Point. The porphyry target lies within the Jurassic-age, Sylvania Granitic Complex. This pluton is similar in age to intrusions that host large porphyry systems in the Yerington district of Walker Lane, 249 km to the northwest. The best-known deposits in the Yerington District are the former Yerington Mine, which was operated by Anaconda, and the Ann Mason deposit owned by Hudbay Minerals. Rocks in the Le Champ area have been oxidized and leached of mobile metals as a result of intense and long-lived surface weathering. The depth of the leached cap at Le Champ is not known, however oxidation at some of the veins in the Gold Point district extends to more than 270 m below surface. Numerous rock samples from Le Champ have returned strongly elevated molybdenum values ranging from 200 ppm to 407 ppm. Peak values for other metals include 713 ppm copper, 0.28 g/t gold and 3.91 g/t silver. Abundant malachite and azurite are found locally in fringing veins located immediately north of the porphyry target. Samples from these veins returned 0.04% to 6.3% copper, 3 ppm to 6,820 ppm molybdenum and 0.01 g/t to 3.45 g/t gold. Interpretation of satellite imagery has identified numerous limonite-stained talus trains within the intrusion that are believed to represent leached areas within the upper portions of a buried porphyry system. Areas of intense silica alteration with abundant quartz stockwork are found on prominent hill tops and are surrounded by areas of strong clay alteration on lower slopes. Hyperspectral sampling of rock taken from within the Le Champ target has outlined a broad area containing kaolinite, sulphates, and secondary biotite, while prospecting has identified several phases of intrusive rocks. Detailed mapping and petrographic work are planned to characterize and delineate the various types of intrusions and overprinting alteration. Annuncio • Feb 02
GGL Resources Corp. Samples 970 G/T Silver over 1.52 M from the Orleans Mine At Its Gold Point Project, Nevada GGL Resources Corp. announced high-grade silver results, which compliment previously announced high-grade gold results, from the Fourth Quarter 2022 underground exploration program at its road-accessible Gold Point Project in the Walker Lane Trend of Western Nevada. The Orleans Mine is the larger of the four former producers on the Gold Point Property. The 2022 work was able to access approximately 35% of the underground workings at the Orleans Mine. The highest-grade silver values do not directly correlate with the highest-grade gold results. In most cases, the best silver grades are found within the hanging wall adjacent to the vein faults. These results are particularly encouraging as the historical workings are typically restricted to the footwall side of the vein fault and only extend significantly into the hanging-wall on the 300' Level. On this level of the workings, the mineralized vein is exposed over an area approximately 54 m long by 18 m wide and is still open to extension on all six sides. A total of 45 continuous chip samples and 10 rock samples were collected in Fourth Quarter 2022 from five of the eleven levels that comprise the Orleans Mine. Only two of the 45 chip samples are considered un-mineralized, returning less than 0.3 g/t gold equivalent. The width of the chip samples was restricted by the size of the workings and in most cases the vein extends beyond the sampled interval. Historical maps indicate that known high-grade mineralization is concentrated in two gently eastward plunging shoots developed along a moderately northwest dipping vein fault. Many of the drifts between these shoots do not follow along the vein fault and reference samples collected here are weakly mineralized. Initial surveys by GGL in 2022 have shown that historical mining did not remove all of the high-grade mineralization in these shoots and that they remain open at depth. In addition, the vein fault is exposed in the eastern-most working face of each level that was accessed, suggesting mineralization continues to the east beyond the existing workings. Historical records from the lower levels not yet accessed by GGL describe 35 samples collected post-mining across the Orleans Vein from the 960 ft to 1020 ft levels, which averaged 0.389 opt (13.3 g/t) gold including a vein on the 1020 ft level that returned 7.97 opt (273.2 g/t) gold over 0.5 m. Next Steps: The next phase of exploration at the Orleans Mine will focus on restoring access to the lower levels and other areas of the mine not yet reached. Once complete, the workings will be surveyed, mapped, and sampled in detail. It is believed that many of the existing drifts between the known shoots lie in the footwall of the vein fault. Mapping will confirm the orientation and location of the vein fault to aid in the targeting of underground drilling. It will also delineate cross faults that are believed to have created dilatant zones along the vein faults, which host the main mineralized shoots. About the Orleans Mine: The Orleans Vein was discovered in 1908 and mined intermittently until 1962. Historical records indicate that approximately 74,000 ounces were produced from the Orleans and Great Western Mines, with recoveries of 92% to 98% for gold through cyanidation. Most of this production was from the Orleans Mine. It is estimated that there is almost 4,200 m of horizontal development in the Orleans Mine, accessible via the central Dunfee shaft. The workings are mostly open and dry to approximately 275 m vertically below surface on the Orleans Vein (1020 ft level). About Gold Point: The Gold Point Project is situated alongside the community of Gold Point, which is accessed by Highway 774. The Gold Point property totals 4,917 acres (19.9 km2) and consists of 257 lode claims and 7 patented claims. The property covers past-producing underground mines that explored along parts of four prominent vein structures. These main structures are paralleled by several other lightly explored structures. The mines operated intermittently from the 1880s to the early 1960s, producing gold and silver from mesothermal veins. The mineralization is strongly oxidized to the bottom of the workings, which reached a maximum depth of 1020 ft (311 m) downdip. Annuncio • Jan 25
GGL Resources Corp. Announces High-Grade Gold Results from the Fall 2022 Underground Exploration and Surface Drilling Program At Gold Point Project in the Walker Lane Trend of Western Nevada GGL Resources Corp. announced high-grade gold results from the fall 2022 underground exploration and surface drilling program at its road-accessible Gold Point Project in the Walker Lane Trend of Western Nevada. Mapping and sampling were completed on the Orleans and Grand Central Mines. Select highlights from the 2022 Orleans underground exploration program include: Work on the former mines focused on the Orleans Mine, the largest of four former producers on the Gold Point Property. The 2022 sampling work was conducted using a series of raises and winzes that provided safe access to all but the lowest two levels of the mine where mining was focused immediately before operations were suspended in 1962. Initial surveying and sampling were done along 964 m of the underground workings. It is estimated that more than 1,800 m of additional workings have yet to be accessed. Historical maps indicate that known high-grade mineralization is concentrated in two gently eastward plunging shoots developed along a moderately northwest dipping vein fault. Many of the drifts between these shoots do not follow along the vein fault and reference samples collected here are weakly mineralized. A total of 45 continuous chip samples and 10 rock samples were collected in late 2022 from five of the eleven levels that comprise the Orleans Mine. Only eight of the 45 chip samples are considered unmineralized, returning less than 0.2 g/t gold. The width of the chip samples was restricted by the size of the workings and in most cases the vein extends beyond the sampled interval. Initial surveys by GGL in 2022 has shown that historical mining did not remove all of the high-grade mineralization in these shoots and that they remain open at depth. In addition, the vein fault is exposed in the eastern-most working face of each level that was accessed, suggesting mineralization continues to the east beyond the existing workings. Historical records from the lower levels not yet accessed by GGL describe 35 samples collected post-mining across the Orleans Vein from the 960 ft to 1020 ft levels, which averaged 0.389 opt (13.3 g/t) gold including a vein on the 1020 ft level that returned 7.97 opt (273.2 g/t) gold over 0.5 m. At the Grand Central Mine, nine samples were collected from the 140' level. The 140' level is the only level in this mine and comprises approximately 120 m of horizontal development. Significant chips samples collected from the Grand Central Mine include 4.16 g/t gold over 1.52 m, 1.45 g/t gold over 1.22 m, and 1.32 g/t gold over 1.22 m. Multi-element results, including silver, are pending and will be released when they have been received and reviewed. The next phase of exploration at the Orleans Mine will focus on restoring access to the lower levels and other areas of the mine not yet reached. Once complete, the mine shall be surveyed, mapped, and sampled in detail. It is believed that the many of the existing drifts between the known shoots lie in the footwall of the vein fault. Mapping will confirm the orientation and location of the vein fault to aid in the targeting of underground drilling. The Orleans Vein was discovered in 1908 and mined intermittently until 1962. Historical records indicate that approximately 74,000 ounces were produced from the Orleans and Great Western Mines, with recoveries of 92% to 98% for gold through cyanidation. Most of this production was from the Orleans Mine. It is estimated that there is almost 4,200 m of horizontal development in the Orleans Mine, accessible via the central Dunfee shaft. The workings are mostly open and dry to approximately 275 m vertically below surface on the Orleans Vein (1020 ft level). The Gold Point Project is situated alongside the community of Gold Point, which is accessed by Highway 774. The Gold Point property totals 4,917 acres (19.9 km2) and consists of 257 lode claims and 7 patented claims. The property covers past-producing underground mines that explored along parts of four prominent vein structures. These main structures are paralleled by several other lightly explored structures. The mines operated intermittently from the 1880s to the early 1960s, producing gold and silver from mesothermal veins. The mineralization is strongly oxidized to the bottom of the workings, which reached a maximum depth of 1,020 ft (311 m) downdip. Sample preparation and gold analysis was performed by ALS Minerals in Reno, Nevada. Gold was analyzed by fire assay followed by atomic absorption (Au-AA26). Technical information in this news release has been reviewed and approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer, Cathro & Associates (1981) Limited and a qualified person for the purposes of National Instrument 43-101. Annuncio • Jan 06
GGL Resources Corp. Completes Underground Exploration and Surface Drilling at its Gold Point Project, Nevada GGL Resources Corp. announced that it has completed an underground exploration and surface drilling program at its road-accessible Gold Point Project in the Walker Lane Trend of Western Nevada. The 2022 exploration program was completed in early December and comprised: Two diamond drill holes testing along strike of the Great Western and Hornsilver veins; Underground rehabilitation, mapping, and sampling at the Orleans Mine; and, Underground sampling at the Grand Central Mine. Underground Rehabilitation and Sampling: Work on the former mines focused on the Orleans Mine, the largest of four former producers on the Gold Point Property. Rehabilitation of the Orleans and Dunfee collars allowed for safe access to those mine shafts. Once underground, crews discovered the development at the Orleans Mine was more extensive than was indicated on maps in the Company's archives. The undocumented workings included a series of raises and winzes that provided safe access to all but the lowest two levels of the mine. Towards the end of mining operations in the 1960s, significant infrastructure was developed around the eastern mineralized shoots; however, it appears that operations ceased before any significant mining was conducted on these shoots. During the 2022 program, initial sampling and mapping was done in the western portions of the 150', 300', 400', 600', and 800' levels of the Orleans Mine. Access to the 960' and 1020' levels is open, but additional ground support and rehabilitation is required before crew can safely enter those workings. There is good air circulation throughout the mine, suggesting that blockages that occur locally in shafts and drifts are relatively limited in size and extent. Access was also established to the Grand Central Mine allowing crews to complete mapping and sampling in that mine. Results from the underground sampling at both mines will be released once assays are received and reviewed. Diamond Drilling: Two diamond drill holes, totaling approximately 440.5 m, were completed on a section line that extends through two of the past-producing veins (Great Western and Hornsilver) and other nearby targets that GGL has identified in recent years by prospecting and soil geochemistry. Drilling evaluated both high-grade and bulk tonnage potential related to multiple, closely spaced veins that are bisected by the section line. The section line also crosses linear gold-in-soil anomalies that are attributed to veins and a broad zone of elevated soil values that has not been explained by surface exploration. One of the 2022 drill holes tested the Great Western Vein along strike of hole GP-21-012, which intersected 2.22 g/t gold over 12.19 m, including 5.17 g/t gold over 4.57 m. This intersection lies 80 m northwest of the limit of the underground workings and the section line crosses the projection of the structure 75 m further to the northwest. About the Orleans Mine: The Orleans Vein was discovered in 1908 and mined intermittently until 1962. Historical records indicate that approximately 74,000 ounces were produced from the Orleans and Great Western Mines, with recoveries of 92% to 98% for gold through cyanidation. Most this production was from the Orleans Mine. It is estimate that there is almost 4,200 m of horizontal development in the Orleans Mine, accessed via the central Dunfee shaft. The workings are mostly open and are dry to approximately 275 m vertically below surface on the Orleans Vein (1020 ft level). Historical records indicate that the mines at Gold Point had high cut-off grades (about 10 g/t gold), suggesting that well mineralized areas likely remain in un-mined portions of the developed workings. This assumption is further supported by a report that describes 35 historical samples collected post-mining across the Orleans Vein from the 960 ft to 1020 ft levels, which averaged 0.389 opt (13.3 g/t) gold including a vein on the 1020 ft level that returned 7.97 opt (273.2 g/t) gold over 0.5 m. Additionally, 21 samples from the 600 ft to 1020 ft levels reportedly averaged 0.314 opt (10.77 g/t) gold. About Gold Point: The Gold Point Project is situated alongside the community of Gold Point, which is accessed by Highway 774. The Gold Point property totals 4,917 acres (19.9 km2) and consists of 257 lode claims and 7 patented claims. The property covers past-producing underground mines that explored along parts of four prominent vein structures. These main structures are paralleled by several other lightly explored structures. The mines operated intermittently from the 1880s to the early 1960s, producing gold and silver from mesothermal veins. The mineralization is strongly oxidized to the bottom of the workings, which reached a maximum depth of 1,020 ft (311 m) downdip.