Glacier Lake Acquires Silver STAR Property Surface Grab Sample Assays 317 G/T AG
Suite 2000 – Oceanic Plaza, 1066 West Hastings Street, Vancouver, BC V6E 3X2
O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
GLACIER LAKE ACQUIRES SILVER STAR PROPERTY
SURFACE GRAB SAMPLE ASSAYS 317 g/t Ag
Vancouver, B.C. – December 4 th, 2017 – Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the
“Company”) has signed a definitive agreement with an arm's -length vendor to acquire the Silver Star
property, located approximately 72 kilometers southeast of Houston B.C.
Historic exploration work in 2015 discovered a surface mineral showing where a grab sample of malachite
and azurite stained siliceous andesite returned a value of 317 grams per tonne silver (g/t) Ag or 9.15
ounces silver per ton and 0.39% copper, with anomalous lead (0.80 % Pb) and zinc (0.08% Zn). The sample
was not assayed for gold. Investors are cautioned grab samples are selective samples and are not
necessarily representative of the mineralization hosted on the property. Investors should also note Glacier
Lake has not verified the data. There is no record of prior or subsequent historic exploration on the Silver
Star property.
"The Silver Star property represents a further strategic acquisition in an emerging exploration area of
central British Columbia, energized by the exploration success of New Nadina on the Silver Queen
property. Acquiring a project with significant silver values in prospective geology in an attractive structural
setting with only limited exploration history serves as a focal point for further discoveries" stated Saf
Dhillon, Glacier Lake's president and chief ex ecutive officer. "With excellent road access, exploration
activities can continue on the property year-round. "
The Silver Star property is underlain by Cretaceous Kasalka group andesitic volcanics and Middle Jurassic
Bowser Lake group clastic sediments. A Geological Survey of Canada (GSC) 1992 structural study shows
the Silver Star property is located within bounding NW-SE regional fault structures that extend south from
the Equity Silver Mine, where historic production of 33.8 million tonnes grading 0.4 per cent copper, 64.9
grams per tonne silver and 0.46 gram per tonne gold was recorded between 1990 and 1994. Glacier Lake
has not verified the historic Equity Silver Mine production and further cautions investors the
mineralization at Equity Silver is not necessarily indicative of mineralization at Silver Star.
The 1992 GSC structural study indicates the Silver Star property straddles the junction of the western
portion of the Cheslatta Caldera Complex, the northern portion of the Quanchus Caldera, and the south-
eastern extension of the Buck Creek Caldera (host of the Equity Silver Mine). Glacier Lake feels the
interpretation of multiple caldera features with associated silver values at the Silver Star property has
Suite 2000 – Oceanic Plaza, 1066 West Hastings Street, Vancouver, BC V6E 3X1
O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
similarities with the caldera hosted New Na dina Explorations Silver Queen vein system located 42
kilometres to the northwest.
The newly discovered mineral s howing consists of mini -quartz stockworks, brecciation and quartz/
chalcedony alteration. Prospecting in 2015 focused on a highly siliceous gossanous andesite outcrop with
azurite/malachite oxidation and possible tetrahedrite . Other samples in the general area reported
moderate Fe stained chalcedonic veining with a smoky matrix. A second grab sample in the discovery
outcrop area returned 42.7 g/t Ag, 310 parts per million (ppm) Cu. 563 ppm Pb, and 585 ppm Zn.
In consideration for the property, Glacier Lake will issue one million common shares. Completion of the
acquisition is subject to the approval of the TSX Venture Exchange. All common shar es issued will be
subject to a four-month-and-one-day statutory hold period.
The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo.,
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.
FOR ADDITIONAL INFORMATION PLEASE 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 dev elopments 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 general 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 forward-looking statements except as required under the applicable laws.