Underground Sampling At Gold Point Project

VANCOUVER - GGL Resources Corp. reported the results of underground sampling conducted in early December at its past-producing Gold Point mesothermal gold/silver project, located in the Walker Lane Trend, southwestern Nevada.

The sampling was completed on the 100 through 500 levels at the Great Western Mine, one of the two main former producers on the Gold Point property. Highlights from underground sampling include: 23.0 g/t gold and 76 g/t silver over 1.30 m from the 500' Level; 7.48 g/t gold and 64.3 g/t silver over 1.58 m from the 200' Level; 6.87 g/t gold and 40.4 g/t silver over 1.63 m from the 500' Level; 6.65 g/t gold and 29.5 g/t silver over 1.94 m from the 500' Level; 5.99 g/t gold and 73.3 g/t silver over 1.75 m from the 500' Level; and 3.57 g/t gold and 367 g/t silver over 1.00 m from the 300' Level.

Thirty of the 167 chip samples collected returned greater than 3 g/t gold equivalent, with 89 yielding greater than 1 g/t gold equivalent. The main drifts follow what appears to be a post- or syn-mineralization fault. Other parallel drifts on the 200' and 500' Levels follow a vein in the hanging wall of the main fault. Historical production was primarily focused on mineralized shoots within the main fault, above the 300' Level. There is no historical production record from the 500' Level or lower.

A reverse-circulation (RC) drill program is currently underway at the Gold Point property. A total of 2,085 meters of drilling in ten holes have been completed. The drilling is testing near to and along strike of known mineralization at the Great Western Mine. The current drill program is anticipated to include 3,000 m of drilling in up to 18 holes.

In October 2020, twenty-five representative samples were collected from the main past production tailings storage area and, another six samples collected from a smaller secondary area. 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 highest grade sample).

Systematic hand-auger sampling of both tailings storage facilities has now been completed. A total of 82 samples were collected on a 20 meter grid. Auger samples taken from the main storage area, which covers an approximate area of 13,000 m2, had depths ranging from 0.23 m to 4.57 m, and averaged 1.78 m. In the older storage area, which covers an approximate area of 11,000 m2, depths ranged from 0.18 m to 1.2 m, and averaged 0.55 m.

Grid soil sampling was recently completed across the eastern portion of the property where alluvium covers the inferred extension of the structural corridor hosting the gold-silver bearing veins of the main workings. A total of 529 soil samples were collected every 25 m along lines spaced 100 m apart. This geochemical survey is primarily targeting the more mobile pathfinder elements.

Current program samples are being delivered to the analytical laboratory on an ongoing basis. Results will be announced upon receipt and QA/QC verification.

Once all results of the current drilling and sampling program are received, they will be used to design and permit a more aggressive surface drill program. Necessary repairs, safety modifications, and permitting to the Great Western Mine will continue in order for underground exploration, including long hole drilling, to be performed. Preparations and discussions with the relevant authorities are underway to repair the shafts of the Orleans Mine so that those workings can also be accessed, sampled and mapped.