Tillkännagivande • Jul 01
GGL Resources Corp., Annual General Meeting, Aug 31, 2026 GGL Resources Corp., Annual General Meeting, Aug 31, 2026. Location: british columbia, vancouver Canada New Risk • Mar 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$448k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$448k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.35m market cap, or US$6.11m). Tillkännagivande • 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. New Risk • Jul 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 3.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.66m market cap, or US$4.11m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Tillkännagivande • 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. Board Change • Jun 03
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Elizabeth Flavelle Wallinger was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • 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 New Risk • Apr 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$430k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$430k free cash flow). Shares are highly illiquid. Earnings have declined by 3.3% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.23m market cap, or US$4.49m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Tillkännagivande • 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. Tillkännagivande • 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. New Risk • Oct 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$499k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$499k free cash flow). Shares are highly illiquid. Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.67m market cap, or US$2.66m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. New Risk • Apr 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$657k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$657k free cash flow). Shares are highly illiquid. Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.81m market cap, or US$4.25m). Minor Risk Shareholders have been diluted in the past year (34% increase in shares outstanding). Tillkännagivande • 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. Tillkännagivande • Mar 28
GGL Resources Corp., Annual General Meeting, May 17, 2024 GGL Resources Corp., Annual General Meeting, May 17, 2024. Board Change • Mar 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • 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. Board Change • Feb 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • 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. Board Change • Jan 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 27
GGL Resources Corp., Annual General Meeting, Dec 28, 2023 GGL Resources Corp., Annual General Meeting, Dec 28, 2023. Board Change • Oct 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • 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. New Risk • Oct 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.99m market cap, or US$2.94m). Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Board Change • Jun 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 21
GGL Resources Corp. Commences Underground Exploration and Surface Drilling At Its Gold Point Project, Nevada GGL Resources Corp. announced that it has commenced an underground exploration and drilling program at its road-accessible Gold Point Project in the Walker Lane Trend of Western Nevada. The previously announced reverse circulation drilling program has been upgraded and will now be completed using a core drill. This portion of the program will consist of a fence of five diamond drill holes, totaling approximately 1500 m. The holes will be drilled along a 525 m section line that extends through three of the past-producing veins (Great Western, Grand Central and Hornsilver) and other nearby targets that GGL has identified in recent years by prospecting and soil geochemistry. Drilling will evaluate both high-grade and bulk tonnage potential related to multiple, closely spaced veins that are bisected by the section line. The section line will also cross 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 will test 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 north-west of the limit of the underground workings and the section line crosses the projection of the structure 75 m further to the north-west. The Company has engaged an underground mining contractor to complete the rehabilitation of shafts at the Orleans Mine, the largest of four former producers on the Gold Point Property. Work shall commence in late-October and will focus on the Orleans and Dunfee shafts. Once safe access is established, mapping and sampling will be completed throughout all accessible portions of the mine. Tillkännagivande • Oct 07
GGL Resources Corp., Annual General Meeting, Dec 07, 2022 GGL Resources Corp., Annual General Meeting, Dec 07, 2022. Tillkännagivande • Sep 27
GGL Resources Corp. Commences Exploration on Its McConnell Cu-Au Project, North-Central BC GGL Resources Corp. announced that it has commenced mechanized exploration activities on its 100% owned, road accessible McConnell copper-gold project in the prolific Golden Horseshoe region of north-central BC. The 8,700-hectare McConnell property is located approximately 22 km southeast of the past-producing Kemess open pit copper-gold mine. The McConnell property is accessible by a road that branches off the all-season Omineca mine and hydro grid power road which services the Kemess Mine. Previous exploration conducted by the Company has confirmed porphyry style mineralization within a potassic-phyllic altered monzonite intrusion. The supergene and hypogene, copper-gold-silver mineralization can be traced in scattered outcrops over 600 meters until it is lost beneath overburden. Rock samples collected by the Company in this "copper-gold-silver zone" included peak values of 20.1% Cu, 4.01 g/t Au and 67.1 g/t Ag. These samples were taken from an exposure that was blast-trenched in the 1970s and subsequently chip sampled to yield results of 10.97% Cu, 0.136 oz/T (4.66 g/t) Au and 2.12 oz/T (72.7 g/t) Ag over 12 ft (3.6 m), as described in an assessment report filed with the BC government. The Company conducted 12-line km of induced polarization and ground magnetic surveying over the copper-gold-silver zone in 2020. This IP survey complements a reconnaissance-style IP survey GGL conducted in 2008 which identified a buried chargeability anomaly near mineralized outcrops. The recent survey better defined the chargeability target, identifying two parallel, north north-west dipping anomalies that are believed to be structurally-controlled. One of these anomalies projects to surface near a well mineralized outcrop, rock samples from which returned assays up to 13.2% Cu and 1.61 g/t Au. The second anomaly projects to surface in an overburden covered area with no exposure. The current exploration program will include excavator trenching designed to test across the full width of the chargeability anomaly associated with the partially exposed mineralized outcrop and to evaluate the second blind chargeability anomaly. Results from the trenching will aid in the planning for a drill campaign. The McConnell project also contains a major shear-hosted gold zone which occurs at a higher elevation, 3 km east of the porphyry-style mineralization and IP anomalies. This zone can be traced for 12 km and was the main focus of the Company's historical exploration efforts, prior to its shift to diamond exploration in the 1990s. The McConnell gold target was acquired in 1981 and a majority of its trenching and drilling was completed in the 1980s. Historical highlights include a drill intercept that assayed 15.57 g/t Au over 1 m and a trench exposure that graded 8.16 g/t Au over 4.8 m. Tillkännagivande • Sep 13
GGL Resources Corp. Ready to Start the 2022 Drill Program At Its Gold Point Project, Nevada GGL Resources Corp. announced that it has received an amended exploration permit and is preparing to commence a reverse circulation drill program at its Gold Point Project in the Walker Lane Trend of Western Nevada. The drill program consists of a fence of six reverse circulation holes, totaling approximately 1,800 m, drilled along a 525 m section line through the core of the Property. Drilling is anticipated to begin in late-September and shall evaluate the high-grade and bulk tonnage potential of multiple, closely spaced veins that are bisected by the section line (see Figure 1). The section line crosses the surface projections of three past-producing veins. One of the 2022 drill holes will test 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. Soil geochemical surveys completed in spring 2022 identified linear gold-in-soil anomalies that correspond to the known veins, and several previously undocumented occurrences along the planned drill section. Lime Point: Past producing vein with a strike length of 770 m, with eight samples grading better than 2 g/t gold, with a peak gold value of 10.7 g/t and peak silver value of 626 g/t. Unnamed 1 vein with strike length of 80 m, samples grading 2.22 g/t and 2.69 g/t gold. Great Western: Past producing vein with a strike length of 930 m, high grade sampling underground includes 23.0 g/t gold and 76 g/t silver over 1.30 m. Unnamed 2 vein with strike length of 330 m with limited sampling. Unnamed 3 vein with strike length of 530 m, with four samples grading better than 1 g/t gold, and a peak value of 12.8 g/t gold and 144 g/t silver. Unnamed 4 vein with strike length of 680 m, with six samples grading better than 1 g/t gold, including 27.4 g/t gold and 25.7 g/t gold. Fraction vein with strike length of 320 m, yielding multiple high grade grab samples including 19.8 g/t gold, 11.15 g/t gold, and 1,500 g/t silver. Grand Central: Past producing vein with a strike length of 530 m, with high-grade grab samples returning 16.95 g/t gold with 680 g/t silver, and 26.8 g/t gold with 213 g/t silver. Board Change • Jul 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 01
GGL Resources Corp. announced that it has received CAD 2.19074 million in funding from ECEE Money Limited, Strategic Metals Ltd., and other investors On May 31, 2022, GGL Resources Corp. closed the transaction. The company issued 2,500,000 flow-through shares for gross proceeds of CAD 400,000 and 13,774,922 common shares for gross proceeds of CAD 1,790,739.86. The transaction included participation from ECEE Money Limited for 1,437,500 flow-through shares and 2,076,923 common shares, returning investor, Strategic Metals Ltd. for 3,846,153 common shares, W. Douglas Eaton, director and the Chief Executive Officer of the company for 187,500 flow-through shares, Glenn Yeadon for 62,500 flow-through shares, Larry Donaldson for 625,000 flow-through shares, Matthew Turner, director of the company for 100,000 common shares. All the securities issued are subject to a hold period until October 1, 2022. Board Change • May 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 22
GGL Resources Corp. announced that it expects to receive CAD 2.04 million in funding GGL Resources Corp. announced a non-brokered private placement offering up to 3,000,000 flow-through common shares at a price of CAD 0.16 per share, to raise gross proceeds of up to CAD 480,000; and up to 12,000,000 common shares at a price of CAD 0.13 per share, to raise gross proceeds of up to CAD 1,560,000 and for total proceeds of CAD 2,040,000 on April 21, 2022. 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. Tillkännagivande • Apr 07
Ggl Resources Corp. Completes First Component of the 2022 Exploration Program At Its Gold Point Project, Nevada GGL Resources Corp. announced that phase 1 of its planned 2022 exploration program has started at its Gold Point Project in the Walker Lane Trend of western Nevada with the completion of helicopter-borne magnetic and radiometric survey having been flown across the entire property. Data from this survey are now being compiled and interpreted. GGL has also secured a work permit from the BLM that will allow for the rehabilitation of shafts at the Orleans Mine, the largest of four former producers on the Gold Point Property. Lithological and structural mapping is being done in conjunction with soil geochemical surveys in all parts of the property that are not covered by Pediment outwash. Work will begin this quarter to access underground workings on the former Orleans and Grand Central Mines. These workings will then be mapped, sampled and surveyed with underground LiDAR equipment. The objectives of phase 1 of the 2022 program are: to identify areas on the property that are prospective for open-pit, bulk mining, and to evaluate the potential for high-grade underground mining utilizing the existing underground workings. Phase 2 of the 2022 exploration program is expected to start after the data from phase 1 is received and interpreted. Phase 2 will involve RC drilling focussed on bulk tonnage targets, but may also include underground long-hole drilling to test areas of high-grade mineralization found within the underground workings. Tillkännagivande • Mar 04
GGL Resources Corp. Announces Chief Financial Officer Changes GGL Resources Corp. ('GGL' or the 'Company') announced changes to its management team. Mr. Daniel Martino is replacing Mr. Larry Donaldson as GGL's Chief Financial Officer. Mr. Donaldson will continue with GGL in an advisory role. Mr. Martino is a Chartered Professional Accountant (CPA, CA) with over 10 years experience currently providing CFO and Financial Reporting Consulting services to companies listed on Canadian stock exchanges within the clean technology and mineral resource sectors. Mr. Martino had previously spent several years in assurance services for public companies at Davidson & Company LLP. Tillkännagivande • Dec 09
GGL Resources Corp. (TSXV:GGL) acquired 100% interest in patented claims for $85 million. GGL Resources Corp. (TSXV:GGL) acquired 100% interest in patented claims for $85 million on December 8, 2021.
GGL Resources Corp. (TSXV:GGL) acquired 100% interest in patented claims on December 8, 2021. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President, COO & Director Dave Kelsch was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions Derivative • Jun 10
CEO & Director exercised options to buy CA$69k worth of stock. On the 3rd of June, William Eaton exercised options to buy 336k shares at a strike price of around CA$0.15, costing a total of CA$50k. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. Since September 2020, William's direct individual holding has increased from 4.91m shares to 5.25m. Company insiders have collectively bought CA$44k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Jun 06
CEO & Director exercised options to buy CA$67k worth of stock. On the 3rd of June, William Eaton exercised options to buy 336k shares at a strike price of around CA$0.15, costing a total of CA$50k. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. Since September 2020, William has owned 4.91m shares directly. Company insiders have collectively bought CA$44k more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • Feb 23
GGL Resources Corp. Commences Drilling At Gold Point, Nevada GGL Resources Corp. announced that it has commenced a 3,000 m reverse circulation drill program at its past-producing Gold Point mesothermal gold/silver project, located in the Walker Lane Trend, southwestern Nevada. The current exploration program will include 3,000 m of reverse circulation drilling in up to 18 holes, excavator trenching, soil and tailings sampling, mapping, and prospecting. The drill holes are primarily designed to test near historical production in the Great Western Mine and along strike of the known vein system, as well as to evaluate potential for other mineralized structures that parallel the known veins. Sampling of the existing Great Western Mine underground workings was completed in December 2020. The Company will release results of this sampling program once they have been received and reviewed. Four drill holes will test adjacent to mineralization known to exist on the 200' level and 500' level where historical sampling done in the 1980s reportedly returned assays of 1.449 opt (49.68 g/t) gold and 0.906 opt (31.06 g/t) gold. The remaining 14 drill holes will systematically step out to the east and west of the known mineralization, in areas that have not been tested by historical underground drifting. GGL has not found any record of historical drilling from surface at Gold Point, indicating most of the area is yet unevaluated. During GGL's 2020 surface exploration program, samples were collected from historical tailings storage facilities to determine if potentially economical gold and silver remain. Samples collected from the main tailings storage area returned 0.286 g/t gold to 3.62 g/t gold (averaging 1.04 g/t gold), with samples collected from the secondary storage area ranging from 1.645 g/t gold to 27.4 g/t gold (averaging 2.62 g/t gold excluding the high grade sample). Preliminary cyanidation tests suggest that much of the gold is potentially recoverable by this technique. Records indicate the tailings storage facilities were established in the 1930s or earlier. They cover an area of approximately 23,000 m2 and range from 0.4 m to 2.0 m in thickness. Systematic auger sampling of the tailings will be conducted during the current exploration program. Samples will be collected from top to bottom of holes in all parts of the tailings storage facility. This sampling will be used to better characterize the overall tonnage and grade of the tailings, so that the total metal content and potential recovery can be determined. Tillkännagivande • Jan 08
GGL Resources Corp. Announces Initial Sampling Results from Gold Point, Nevada GGL Resources Corp. announced the results of reconnaissance-scale prospecting and surface sampling conducted in late October at its past-producing Gold Point mesothermal gold/silver project, located in the Walker Lane Trend, southwestern Nevada. The Company also reports that its initial program of underground sampling has recently been completed at the Great Western Mine, one of the two main former producers on the Gold Point property. The surface work was designed to confirm the location of historical workings and tailings storage areas, characterize historically documented vein exposures, prospect for undocumented veins and assess the accessibility of historical underground workings for future work program planning. Highlights from surface sampling include: 64.6 g/t gold and 110 g/t silver from the ore bin at the Orleans Mine; 51.6 g/t gold and 230 g/t silver float sample collected from a structure parallel to the nearby Great Western Vein; 30.3 g/t gold and 27.4 g/t gold grab samples taken from previously undocumented veins located 30 m apart; and 25.1 g/t gold collected from a waste pile adjacent to a shaft targeting an undocumented vein. Tailings: During the surface exploration program, samples were collected from historical tailings storage facilities to determine if potentially economical gold and silver remain. Records indicate the tailings storage facilities were established in the 1930s or earlier. They cover an area of approximately 23,000 m2 and range from 0.4 m to 2.0 m in thickness. Twenty-five representative samples were collected from the main tailings storage area and, another six samples collected from a smaller secondary area, believed to be older. Samples collected from the main tailings storage area returned 0.286 g/t gold to 3.62 g/t gold (averaging 1.04 g/t gold), while the samples collected from the secondary storage area ranged from 1.645 g/t gold to 27.4 g/t gold (averaging 2.62 g/t gold excluding the highest grade sample). Detailed surveying, sampling, and testing are planned to accurately determine the volume and grade of the tailings, as well as recoverability of gold and silver. Underground Sampling: Access to the underground workings at the Great Western Mine was re-established in December 2020. Field crews have now completed sampling of the 100 through 500 levels of the mine with the collection of 169 chip samples. Results will be released upon completion. Is New 90 Day High Low • Jan 05
New 90-day high: CA$0.32 The company is up 78% from its price of CA$0.18 on 07 October 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. Is New 90 Day High Low • Oct 09
New 90-day high: CA$0.23 The company is up 142% from its price of CA$0.095 on 09 July 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period. Tillkännagivande • Aug 29
GGL Resources Corp. (TSXV:GGL) acquired Gold Point project, Nevada. GGL Resources Corp. (TSXV:GGL) acquired Gold Point project, Nevada on July 29, 2020. The acquisition involves three option agreements that grant GGL the right to earn 100% interests in two of the properties and a 75% interest in the third property.
GGL Resources Corp. (TSXV:GGL) completed the acquisition of Gold Point project, Nevada on July 29, 2020. Tillkännagivande • Jul 24
GGL Resources Corp. announced that it has received CAD 0.3 million in funding On July 23, 2020, GGL Resources Corp. (TSXV:GGL) closed the transaction. The company has issued 1,666,666 non-flow through units for gross proceeds of CAD 150,000 and 1,363,636 flow-through units for gross proceeds of CAD 150,000 for aggregate gross proceeds of CAD 300,000 in the transaction. The warrants are exercisable until July 23, 2021. The company has paid a finders fee of CAD 1,200 to Canaccord Genuity Corp. in the transaction. All securities issued pursuant to the private placement are subject to a hold period in Canada until November 24, 2020. Tillkännagivande • Jul 18
GGL Resources Corp. announced that it expects to receive CAD 0.3 million in funding GGL Resources Corp (TSXV:GGL) announced a non-brokered private placement of non-flow through units at a price of CAD 0.09 per unit and flow through units at a price of CAD 0.11 per unit for gross proceeds of CAD 300,000 on July 16, 2020. The transaction may involve participation from insiders. Each non-flow through unit consists of one non-flow through common share and one half of non-transferable share purchase warrant. Each flow through unit consists of one flow through common share and one half of non-transferable share purchase warrant. Each warrant either flow through or non-flow through will entitle the holder to purchase a non-flow through common share at a price of CAD 0.15 for a period of one year from the date of closing. The company may pay finder's fee or commissions in the transaction. All securities issued in the transaction are subject to a hold period of four months plus one day from the date of closing. The transaction is subject to approval from TSX Venture Exchange.