Exploration Activity Update- Silver Vista and Hackett Properties
Suite 1588 – Canaccord Financial Tower, 609 Granville Street, Vancouver, BC V7Y 1G5
O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
EXPLORATION ACTIVITY UPDATE- SILVER VISTA AND HACKETT
PROPERTIES
Vancouver, B.C. September 4, 2018 – Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the
“Company”) announces the completion of two reconnaissance surface exploration programs on its Silver
Vista and Hackett properties. The Silver Vista property is the Company’s principal project and is located
near Smithers, B.C., with a focus on the discovery of a larg e, bulk -tonnage, clastic sediment -hosted,
disseminated copper-silver deposit. The Hackett Property is located in the Sheslay area of northwestern
B.C., strategically adjoins the eastern border of the Hat property, owned by Doubleview Capital Corp.
(“Doubleview”) and actively being explored by joint venture partner Hudbay Minerals Inc. (“Hudbay”).
The work on both properties was completed by Exploration Facilitation Unlimited Inc.
Silver Vista Property
The “MR Zone” on the Silver Vista property was drilled in the 1st quarter of 2018, with seven holes, totalling
1,273 metres completed. All drill ing was directed at the “MR Zone”, which represented the first drilling
on the property since the initial program of 1,252 .5 meters in 1991/1992. Highlights of the rec ent drill
program include Hole SV18-06 which returned multiple horizons of mineralization over the entire length
of the hole, with the entire drill hole length of 153.4 meters averaging 28.9 grams per tonne silver
equivalent, (see press release May 23, 201 8). Hole SV18 -06 was the northernmost hole and the
mineralized zone is open and undrilled to the west, north and northwest. Assay results from these two
work programs are pending.
The “MR Zone” discovery (1990) comprises a mineralized showing in a logging road-cut. The property has
been extensively logged recently, and a network of newly constructed roads was the focus of this summer
exploration program to discover additional mineralization in outcrop exposures or boulders.
Work performed included till samp ling using a backpack drill and prospecting/mapping. A total of 7 till
samples and 25 rock grab samples were collected from three target areas (West, SE, Circle Road) , away
from the “MR Zone’ area . Outcrop exposure is limited, due to the slight, rolling t opography, but weak
observations of copper mineralization (oxide stain) were observed at all three locations. The West and SE
Target areas were surveyed using a GDD Beep Mat to detect near-surface EM/Mag conductors, with one
anomaly noted.
Further details on the Silver Vista property can be found in the National Instrument 43-101 report on the
property located under the company's SEDAR profile.
Hackett Property
The Hackett property is located approximately 38 kilometres northwest of the village of Telegraph Creek,
and approximately 95 kilometres west -southwest of Dease Lake. The western border of the Hackett
property is less than a kilometre away from Doubleview's Lisle zone, and the Hoey Minfile prospect is
Suite 1588 – Canaccord Tower, 609 Granville Street, Vancouver, BC V7Y 1G5
O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
located near Big Creek on the boundary with the Hat property. Exploration activity focused on expanding
on the mineral showings discovered in 2014, related to the Hoey Minfile occurrence, which lies on the
boundary with Doubleview. On the Hackett property the 2014 discovery mineral showing returned 24 and
594 parts per billion gold, and 598 and 2,970 parts per million copper, respectively. Approximately 150 m
upstream on Big Creek from the discovery showing, another strongly oxidized showing returned 128 ppb
gold and 935 ppm copper.
Work performed at the Hackett Property included prospecting and soil sampling, with a crew using a fly-
camp located on the property, serviced by helicopter form Dease Lake. In total 26 rock samples were
collected from the area of the 2014 sampling in a steep ravine on the western flank of the property. The
majority of samples collected were gossanous fine -grained mafic volcanics, many of which contained
quartz -carbonate veins/veinlets. In addition, 33 soil samples were collected using augers from within a
target zone projects as the extension of the Hoey Zone.
The technical content of this news release has been reviewed and approved by R. Tim Henneberry, PGeo,
a member of the Glacier Lake advisory board and a qualified person as defined by National Instrument
43-101 -- Standards of Disclosure for Mineral Projects.
The TSX Venture Exchange has accepted for filing the company's issuance of 734,095 shares at an average
price of $0.0725 in consideration of certain services provided to the company pursuant to an agreement
dated May 25, 2017.
For additional information please feel free to contact:
Saf Dhillon
President/CEO
Glacier Lake Resources Inc.
Tel:866-687-7059
Dir: 604-688-2922
Please visit our Website at: www.glacierlake.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. This news release may include forward-looking statements that
are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward
looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially
from those in forward -looking statements. Factors that could cause actual results to differ materially from those in forward -
looking statements include market prices, continued availability of capital and financing, and gene ral economic, market or
business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to
rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forw ard-looking statements
except as required under the applicable laws.