GGL Resources Corp. is pleased to announce that it has received a Notice of Work Permit from the BC Ministry of Energy, Mines & Petroleum Resources for exploration work on its 100% owned, road accessible McConnell property located in north-central BC. The Company plans to conduct ground geophysical surveys in August, including induced polarization and magnetics, with follow up reverse circulation or core drilling. The [...]
GGL Resources Corp. announces it has closed the $100,000 private placement with its major shareholder, Strategic Metals Ltd., as announced on May 13, 2020. The private placement consisted of the sale of 2,000,000 common shares at a price of $0.05 per share, all of which shares are subject to a hold period expiring on September 16, 2020. The proceeds from this private placement will be used for working capital purposes [...]
GGL Resources Corp. announces it has negotiated a $100,000 private placement with its major shareholder, Strategic Metals Ltd. , to consist of the sale of 2,000,000 common shares at a price of $0.05 per share. Strategic currently holds 11,562,500 common shares of GGL, representing 42.37% of the 27,286,722 common shares of GGL currently issued and outstanding. Following the closing of the private placement, Strategic will [...]
GGL Resources Corp. is pleased to announce that it has received heavy mineral sampling results from its 100% owned ZIP diamond property located 70 kilometers west of the Ekati Diamond mine, Lac de Gras District, Northwest Territories, Canada. The heavy mineral sampling results consisting of 123 till and esker samples are from the collaborative field work conducted between GGL, researchers from Simon Fraser University [...]
GGL Resources Corp. announces the resignation of Director Nick DeMare. Mr. DeMare has been a longstanding director of the Company. The Board would like to thank Mr. DeMare for his many years of dedicated service to the Company. About GGL Resources Corp. GGL is a seasoned Canadian-based junior exploration company focused on diamond exploration in Canada's north with its priority, drill ready Stein project in Nunavut which [...]
W. Douglas Eaton , Chief Executive Officer of GGL Resources Corp. announces that the Company has issued 502,273 common shares in its capital stock to Dave Kelsch Consulting Ltd. in exchange for $38,062.50 in services rendered by DKCL to the Company for the six months ended November 30, 2019. The shares carry a hold period of four months, until May 4, 2020. As previously announced , the Company entered into a shares for [...]
GGL Resources Corp. is pleased to announce it has completed the ground geophysical survey program on the Stein diamond project, Nunavut. The Company has the Option to earn a 60% undivided interest in Arctic Star Exploration Corp.’s wholly-owned Stein diamond project by discovering in-situ kimberlite. The Stein diamond property consists of 4 contiguous prospecting permits covering an area of 1,065 square kilometers [...]
GGL Resources Corp. is pleased to announce that ground geophysical surveying has commenced on the Stein diamond project. The Company has the Option to earn a 60% undivided interest in Arctic Star Exploration’s wholly owned Stein diamond project by discovering in situ kimberlite. The Stein diamond property consists of 4 contiguous prospecting permits covering an area of 1,065 square km on the Southern Boothia Peninsula, 45 [...]
GGL Resources Corp.is pleased to announce that heavy mineral sampling and till suitability mapping has been completed at the ZIP diamond project which is part of the Company’s 100% owned PGB property located 70 kilometers west of the Ekati Diamond mine, Lac de Gras District, Northwest Territories. The completed field work was a collaborative effort between GGL and the Northwest Territories Geological Survey (“NTGS”). The [...]
GGL Resources Corp. announces that it has entered into a "shares for services agreement" with Dave Kelsch Consulting Ltd., a private company owned by David Kelsch, GGL's President, Chief Operating Officer and a Director, pursuant to the provisions of TSX-V Policy 4.3. Pursuant to the agreement, Kelsch Consulting, which provides geological and other consulting services to GGL, will receive a minimum of 30% of its monthly [...]
GGL Resources Corp. announces the following: 1. Closing of Private Placements. GGL has closed the private placements originally announced on April 16, 2019. The private placements consisted of the sale of the following securities: (a) 4,137,500 units at a price of $0.08 per unit, for aggregate subscription proceeds of $331,000, each unit consisting of one common share and one non-transferable share purchase warrant; and [...]