Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

GGL.V ·

GGL Resources Corp. Receives Sampling Results from Zip Diamond Project, Nwt.

Sampling & Geoscience Results

GGL RESOURCES CORP. RECEIVES SAMPLING RESULTS FROM ZIP DIAMOND

PROJECT, NWT.

Vancouver, BC – April 28, 2020 –Resources Corp. (TSX -V: GGL) ( “GGL” or the “Company”) 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, Carleton University and the

Northwest Territories Geological Survey (“NTGS”) during 2019 (for further details see news release 25

July, 2019). The NTGS field work was part of their Slave Geological Province Exploration Development

Initiative (“SGPEDI”) which was chiefly funded by the Canadian Northern Economic Development

Agency’s Strategic Investments in Northern Economic Development (“SINED”) program.

These samples contain kimberlitic indicator minerals (KIMs) including garnet, ilmenite, chromite and

chrome diopside of up to 75 total grains per sample (standardized to 20 kg). In addition, several samples

contain garnet with preserved kelyphitic coating . This soft, grain surface material is readily abraded in

glacial environments and when present , is suggestive of a low transport distance indicating a proximal

source. These recent results have built on GGLs existing property dataset from earlier sampling campaigns

in areas of high interest , adding further refinement and bolstering confidence that the KIMs are locally

sourced. This, in conjunction with previous analytical results showing diamond inclusion mineral chemistry

suggests that ZIP has potential to host a new diamondiferous kimberlite field.

The wholly-owned ZIP project covers approximately 11,000 hectares. The project is fully permitted for

drilling with a Class ‘A’ land use permit and hosts the ZIP all season camp centrally located on the property

within 3 kilometers of the high interest areas.

The Company’s previously-collected indicator mineral data and collaborative sampling and mapping work

with the NTGS is complimented by a low -level helicopter Resolve™ airborne magnetic and

electromagnetic survey over the ZIP property . This airborne geophysical data, collected in an earlier

program, is very high resolution at 50-metre flight line spacing and an average sensor height of 20 metres.

The Company will proceed with additional airborne geophysical target evaluation and selection in

conjunction with the new KIM results.

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.

2

About GGL Resources Corp.

GGL is a seasoned 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 Cana da’s first two diamond mines, 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

Royalties on mineral leases in close proximity to the Gahcho Kué diamond mine in the Nor thwest

Territories. The Company also holds several encouraging base metal and gold projects in British Columbia

and the Northwest Territories including the McConnell copper-gold porphyry and shear hosted gold project

located 16 kilometers southeast of the Kemess Mine.

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:

Corporate Information

Linda Knight

Corporate Secretary

Tel: (604) 688-0546

[email protected]

Investor Inquiries

Richard Drechsler

Corporate Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

[email protected]

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.

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.