GGL Resources Corp V.GGL

Alternate Symbol(s): GGLXF

Metals & Mining Industrial Metals & Minerals

GGL Resources Corp. is a Canadian junior exploration company. The Company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane Trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past producing high-grade mines, and a porphyry discovery. The Gold Point Project is accessed by Highway 774 and comprises 375 lode claims and seven patented claims covering a total area of approximately 7,443 acres. The Company also owns the McConnell Project (8,700 hectares), which hosts epithermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Columbia. It also holds diamond royalties on mineral leases some of which are adjacent to the Gahcho Kue diamond mine in the Northwest Territories. It has an option agreement with Arctic Star Exploration Corp. (Arctic Star) whereby it can earn a 60% interest in Arctic Star's wholly owned Stein Diamond Project in Nunavut, Canada.

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GGL Resources Corp

Bullboard Posts

Comment by cbriton Jun 07, 2009 5:56pm

307 Views

Post# 16050503

RE: RE: GGL financing, 3 Possibilities ???

IMO, the only way DB will be placed aside, is through the courts. I don't know what the whole JV looks like but by Evans past comments, I'm sure there are deadlines to be met.
By the looks of the share price increase over the past few months, I'd say it could be just following the general market recovery... or maybe not!!

cb

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario