GGL Resources Acquires Gold Point Project

VANCOUVER, BC - GGL Resources Corp. reported the acquisition of the Gold Point Project, southwestern Nevada, which hosts past producing gold-silver mines. The road accessible Gold Point Project consolidates three properties covering a combined area of approximately 4.5 sq km, with camp-scale exploration potential. 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.

Highlights: Intermittent small scale mining between 1882 and 1962 produced an estimated 74,000 oz gold; Existing workings are mostly open and dry to approximately 275 m below surface on both the Orleans (1020' level) and Western Veins (960' level); Thirty-five historical samples collected post-mining across the Orleans Vein, from the 960' to 1020' levels, reportedly averaged 0.389 opt gold; and, Historical production records indicate recoveries between 92% to 98% for gold and 53% to 82% for silver, through cyanidation.