GGL Commences Exploration on its McConnell Cu-Au Project, North-Central BC
GGL Commences Exploration on its McConnell Cu-Au Project, North-Central BC
Vancouver, BC – September 26, 2022 – GGL Resources Corp. (TSX-V: GGL) (“GGL” or the “Company”)
is pleased to announce that it has commenced mechanized exploration activities on its 100% owned, road
accessible McConnell copper-gold project in the prolific Golden Horseshoe region of north-central BC.
The 8,700-hectare McConnell property is located approximately 22 km southeast of the past -producing
Kemess open pit copper-gold mine. The McConnell property is accessible by a road that branches off the
all-season Omineca mine and hydro grid power road which services the Kemess Mine.
Previous e xploration conducted by the Company has confirmed porphyry style mineralization with in a
potassic-phyllic altered monzonite intrusion . The supergene and hypogene , copper-gold-silver
mineralization can be traced in scattered outcrops over 600 meters until it is lost beneath overburden. Rock
samples collected by the Company in th is “copper-gold-silver zone” included peak values of 20.1% Cu,
4.01 g/t Au and 67.1 g/t Ag. These samples were taken from an exposure that was blast -trenched in the
1970s and subsequently chip sampled to yield results of 10.97% Cu, 0.136 oz/T (4.66 g/t) Au and 2.12 oz/T
(72.7 g/t) Ag over 12 ft (3.6 m), as described in an assessment report filed with the BC government.
The Company conducted 12-line km of induced polarization (“IP”) and ground magnetic surveying over
the copper-gold-silver zone in 2020. This IP survey complements a reconnaissance -style IP survey GGL
conducted in 2008 which identified a buried chargeability anomaly near mineralized outcrops. The recent
survey better defined the chargeability target, identifying two parallel, north north-west dipping anomalies
that are believed to be structurally -controlled. One of these anomalies projects to surface near a well
mineralized outcrop, rock samples from which returned assays up to 13.2% Cu and 1.61 g/t Au. The second
anomaly projects to surface in an overburden covered area with no exposure.
The current exploration program will include excavator trenching designed to test across the full width of
the chargeability anomaly associated with the partially exposed mineraliz ed outcrop and to evaluate the
second blind chargeability anomaly. Results from the trenching will aid in the planning for a drill campaign.
The McConnell project also contains a major shear -hosted gold zone which occurs at a higher elevation,
3 km east of the porphyry -style mineralization and IP anomalies. This zone can be traced for 12 km and
was the main focus of the Company’s historical exploration efforts, prior to its shift to diamond exploration
in the 1990s. The McConnell gold target was acquired in 1981 and a majority of its trenching and drilling
was completed in the 1980s. Historical highlights include a drill intercept that assayed 15.57 g/t Au over
1 m and a trench exposure that graded 8.16 g/t Au over 4.8 m.
Technical information in this news release has been reviewed and approved by David Kelsch, P.Geo.,
President of GGL Resources Corp., a qualified person for the purposes of National Instrument 43-101.
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About GGL Resources Corp.
GGL is a seasoned, Canadian -based junior exploration company, focused on the exploration and
advancement of under evaluated mineral assets in politically stable, mining friendly jurisdictions. 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, four of which host past producing
high-grade mines. The Company also owns the McConnell copper-gold- project located 22 kilometers
southeast of the Kemess Mine in north-central BC, and promising diamond exploration projects in Nunavut
and the Lac de Gras diamond district of the Northwest Territories. Lac de Gras is home to Canada’s first
two diamond mines, the world class Diavik and Ekati mines discovered in the 1990s. GGL also holds
diamond royalties on mineral leases near the Gahcho Kué diamond mine in the Northwest Territories.
ON BEHALF OF THE BOARD
“David Kelsch”
David Kelsch
President, COO and Director
Investor Inquiries
Richard Drechsler
Corporate Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
Corporate Information
Linda Knight
Corporate Secretary
Tel: (604) 688-0546
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the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release may contain forward looking statements based on assumptions and judgments of management
regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors
beyond its control, and actual results may differ materially from the expected results.