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GGL Resources Corp. Completes First Component of the 2022 Exploration Program at its Gold Point Project, Nevada
VANCOUVER, BC / ACCESSWIRE / April 6, 2022 / GGL Resources Corp. (TSXV:GGL) ("GGL" or the "C...
About this update from Ggl Resources Corp.
[{"type":"text","content":"GGL Resources Corp. Completes First Component of the 2022 Exploration Program at its Gold Point Project, NevadaVANCOUVER, BC / ACCESSWIRE / April 6, 2022 / GGL Resources Corp. (TSXV:GGL) (\"GGL\" or the \"Company\") is please to announce 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 1) to identify areas on the property that are prospective for open-pit, bulk mining, and 2) 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.About Gold PointThe Gold Point project is accessible via highway 774 and serviced by electricity. It hosts a camp-scale precious metal system that consists of numerous gold and silver rich quartz veins. These high-grade veins are typically 1 to 2 m in width and locally up to 7 m wide. There are four formerly producing mines on the property, but historical information is only available for two of them (Orleans and Great Western).The Orleans and Great Western were intermittently mined from the 1880s through to the early 1960s. Existing underground workings are mostly open and are dry to approximately 275 m below surface on the Orleans Vein (1020 ft level) and 240 m on the Great Western Vein, (960 ft lev...