GGL Resources Corp. Commences Ground Geophysical Surveys at the Stein Diamond Project
GGL RESOURCES CORP. COMMENCES GROUND GEOPHYSICAL SURVEYS AT THE
STEIN DIAMOND PROJECT
Vancouver, BC – July 29, 2019 – GGL Resources Corp. (TSX -V: GGL) ( “GGL” or the
“Company”) is pleased to announce that ground geophysical surveying has commenced on the Stein
diamond project, Nunavut. The Company has the Option to earn a 60% undivided interest in Arctic Star
Exploration Corp .’s (“Arctic Star”) wholly owned Stein diamond project by discovering in situ
kimberlite.
The Stein diamond property (“Stein”) consists of 4 contiguous prospecting permits covering an area of
1,065 square kilometers on the Southern Boothia Peninsula, 45 kilometers from tide water. It is located
85 kilometers northwest of the community of Taloyoak, Nunavut which is serviced daily by commercial
flights and seasonally by barge.
Stein is a permitted, advanced diamond exploration project having the benefit of numerous successive
exploration campaigns and over $1.5 million in p revious expenditures. Historical heavy mineral
sampling traced kimberlitic indicator minerals up -ice to a potential source area. The indicator mineral
suite contains grains that are indicative of diamond inclusion chemistry showing high chrome, low
calcium G10D pyrope garnets. Detailed airborne magnetic surveys flown over this potential source area
identified numerous high priority targets with signatures similar in character to kimberlites found
elsewhere in Canada’s north . GGL is conducting ground -based magnetic surveys over priority airborne
targets in preparation for future drill testing. No drill testing has been conducted on the project to date.
The Stein project is further complimented with the existence of a major structural feature identified on
regional government airborne magnetic surveys which is greater than 100 kilometers in length and
traverses the target area. In fields elsewhere, kimbe rlites can be geologically observed exploiting larger
structural features, utilizing them as conduits for emplacement.
The nearest known kimberlite discovery to Stein is over 230 kilometers to the southeast and perpendicular
to the regional ice flow direction. The distance and direction greatly reduces the potential for the Stein
mineral grains being an overprint from this field.
The Company is pleased to be partnere d with Arctic Star on this compelling diamond project that is on
the cusp of potentially delivering a new, yet undiscovered Canadian kimberlite field.
The technical information in this news release has been approved by David Kelsch, P .Geo, President of
GGL Resources Corp. and a qualified person for the purposes of National Instrument 43-101.
About GGL Resources Corp.
GGL is a Canadian-based junior exploration company focused on diamond exploration in Canada’s north
with key projects in Nunavut as well as the Lac de Gras diamond district in the Northwest Territories.
Lac de Gras is home to Canada’s first two diamond mi nes, the world class Diavik and Ekati mines
discovered in the 1990’s. In addition to GGL’s key focus of diamond exploration, it holds diamond
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Royalties on mineral leases in close proximity to the Gahcho Ku é diamond mine in the Northwest
Territories. The Company also holds in portfolio several encouraging base metal and gold projects in
British Columbia and the Northwest Territories.
ON BEHALF OF THE BOARD
“David Kelsch”
David Kelsch
President, Chief Operations Officer and 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 ac curacy 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.