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GGL Resources Corp. Hits at Great Western Mine and Greatly Expands Gold Point Project, Nevada

VANCOUVER, BC / ACCESSWIRE / December 8, 2021 / GGL Resources Corp. (TSXV:GGL) ("GGL" or the...

articleGgl Resources Corp.December 8, 20214/company/ggl-resources-corp/news/ggl-resources-corp-hits-at-great-western-mine-and-greatly-expands-gold-point-project-nevada
GGL Resources Corp. Hits at Great Western Mine and Greatly Expands Gold Point Project, Nevada

About this update from Ggl Resources Corp.

[{"type":"text","content":"GGL Resources Corp. Hits at Great Western Mine and Greatly Expands Gold Point Project, NevadaVANCOUVER, BC / ACCESSWIRE / December 8, 2021 / GGL Resources Corp. (TSXV:GGL) (\"GGL\" or the \"Company\") is pleased to announce positive results from recent exploration at its Gold Point Project in the Walker Lane district of western Nevada. The results include promising intercepts from a maiden drill program that successfully targeted veins in and around the past-producing Great Western Mine as well as high-grade assays from new exposures in various parts of the project. These strong results prompted the Company to further consolidate and significantly expand its land holdings at the project.Highlights of recent activities include:2.22 g/t gold and 13.6 g/t silver over 12.19 m, including 5.17 g/t gold and 24.8 g/t silver over 4.57 m, hole GP-21-012;2.40 g/t gold and 80 g/t silver over 9.15 m, including 3.99 g/t gold and 132 g/t silver over 4.57 m, hole GP-21-003;Numerous rock and chip samples from surface exposures and underground workings in various parts of the property, returning between 5 g/t gold and 37.3 g/t gold;The staking of 194 new mineral claims to cover undocumented and newly discovered veins on the flanks of the known vein complex;The purchase of a 100% interest in patented claims covering a major portion of the past-producing Grand Central vein system;Signing of additional purchase agreements, which collectively secure a 75% interest in patented claims that cover extensive historical workings, including another important past-producer, and provide access for exploration along strike of the Great Western and Orleans Mines; and,A substantial increase in GGL's land holdings at Gold Point from 4.49 km2 to 19.88 km2.\"GGL has undertaken a very aggressive acquisition program to capitalize on results that indicate a much larger target area than was seen by historical miners,\" states Doug Eaton, CEO and director of GGL. \"We now see potential for multiple underground operations and, more importantly, have discovered broad zones of lower grade mineralization that historical workers would have ignored, which collectively suggest excellent potential for bulk-tonnage, open-pit production.\"The Gold Point section of GGL's website contains comprehensive maps and figures showing the expanded property holdings and results of recent wo...

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