GGL Resources Corp. Announces Board and Management Changes
GGL Resources Corp. Announces Board and Management
Changes
VANCOUVER, BC / ACCESS Newswire / March 12, 2025 / GGL Resources Corp.
(TSXV:GGL) ("GGL" or the "Company") is pleased to announce an immediate addition to
its Board of Directors and permanent CEO position.
Effective immediately, Matthew Turner, interim CEO, will be replaced on a permanent basis
by John Gilbert, M.Sc. Mr. Gilbert has concurrently been appointed a Director of GGL. Mr.
Turner will remain as a Director of GGL.
"It is my pleasure to introduce John as the new CEO of GGL and also welcome him to the
Board of Directors, " stated Matthew Turner, GGL's outgoing Interim CEO. "John's
considerable technical background as a structural geologist, track record of leading
successful exploration programs to discovery and particular passion for GGL's flagship
project, Gold Point, makes him uniquely suited for the role. We look forward to seeing GGL
succeed under John's leadership. "
Mr. Gilbert received a Bachelor of Science (Geology) degree from the University of
Massachusetts - Amherst and a Masters of Science degree specializing in structural
geology from the University of Vermont. Since 2008 he has worked as a geological and
geophysical technician and as an exploration and mine geologist on projects in Alaska,
Yukon, Nevada, California, and New York as project geologist for companies including Titan
Mining and Snowline Gold. Most recently, Mr. Gilbert served as Vice President - Exploration
and Corporate Development for Silver Range Resources Ltd., a Nevada gold-focused
project generator. He also ran a successful private exploration company which acquired,
explored and vended gold projects in New Brunswick.
GGL Resources has granted incentive stock options under its Incentive Stock Option Plan
to Mr. Gilbert with the right to purchase up to an aggregate 500,000 GGL shares at a price of
$0.06 per share for a period of five years. All these options are subject to vesting provisions
under which 25% of the options will vest at the conclusion of each three months during the
first year of the exercise period.
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, five of which host past producing high-grade mines, as well as an
exciting new porphyry target which is currently under option to Teck. The Company also
owns the McConnell Project, which hosts mesothermal gold veins and an under explored
porphyry copper-gold prospect in the Kemess District of north-central British Columbia.
GGL also holds diamond royalties on mineral leases adjacent to the Gahcho Kué diamond
mine and southwest of the Ekati diamond mine in the Northwest Territories.
ON BEHALF OF THE BOARD
"Matthew Turner"
Matthew Turner
Director
For further information concerning GGL Resources Corp. or its various exploration projects
please visit our website at www.gglresourcescorp.com or contact:
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
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Information contained in this news release contains forward-looking statements. These
statements reflect management's current estimates, beliefs, intentions, and expectations;
they are not guarantees of future performance. Forward-looking statements are statements
that are not historical facts and are generally, but not always, identified by the words
"succeed" , "advancements" , "under-evaluated" and similar expressions, or that events or
conditions "may" , "could" or "will" occur. GGL cautions that all forward-looking statements
are inherently uncertain, and that actual performance may be affected by a number of
material factors, many of which are beyond the control of GGL. Such factors include,
among other things: risks and uncertainties relating to exploration and development and
the results thereof, including the results of the recently completed drill program, the impact
on future mineral resource estimates, the potential for new discoveries, and the results of
future metallurgical programs, as well as the ability of GGL to obtain additional financing,
the need to comply with environmental and governmental regulations, fluctuations in the
prices of commodities, operating hazards and risks, competition and other risks and
uncertainties, including those described in GGL's financial statements available under the
GGL profile at www.sedarplus.ca. Accordingly, actual and future events, conditions and
results may differ materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. Except as required under
applicable securities legislation, GGL undertakes no obligation to publicly update or revise
forward-looking information.
SOURCE: GGL Resources Corp.