Glacier Lake Provides Update ON Recently Completed Silver Vista Transaction
Suite 2000 – Oceanic Plaza, 1066 West Hastings Street, Vancouver, BC V6E 3X1
O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
GLACIER LAKE PROVIDES UPDATE ON RECENTLY COMPLETED SILVER VISTA TRANSACTION
Vancouver, B.C. – June 1st, 2017 – Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the “Company”)
has contracted Mammoth Geological Ltd., to undertake the 2017 exploration program on its Silver Vista
property near Smithers, British Columbia. An initial , first pass program , consisting of property
reconnaissance, prospecting and sampling is planned for late June. The objective of the first pass
program is to verify access into the various parts of the property, locate the main showings and prospect
favourable areas following up on the anomalies generated by Amarc Resources Ltd., during its 2011
through 2014 exploration programs as well as the VTEM survey flown earlier this year.
Glacier Lake plans to follow up on this first pass program with a diamond drilling program later in the
field season. The permitting process is under way. The project was previous ly permitted for drilling by
Amarc, and since these permits just expired recently, the Company anticipates the approval process
should be routine.
The drilling will target the MR zone, a clastic sediment -hosted, fine grained, disseminated copper silver
zone. Historic exploration includes soil geochemistry, trenching and diamond drilling in an area of
limited outcrop exposure:
Soil geochemistry outlined an area approximately 1.5 by 2.0 kilometers around the MR prospect
area.
Six excavator trenches highlighted an area 100 metres long by 17 metres wide, with three of the
trenches intersecting mineralized bedrock: trench 2 – 10.5 metres at 0.22% Cu and 38 gpt Ag,
trench 3 – 16.5 metres at 0.53% Cu and 74 gpt Ag and trench 4 – 15 metres at 0.53% Cu and 28
gpt Ag.
Fourteen drill holes totaling 1,252.5 metres identified a semi -continuous zone 300 metres long
by 50 metres wide by 3 to 150 metres deep with two of the holes ending in mineralization. Key
intercepts include: MR91 -01 – 32.87 metres at 0.19% Cu and 34.8 gpt Ag, MR91 -03 – 61.91
metres at 0.11% Cu and 40.5 gpt Ag, MR91 -04 – 25.9 metres at 0.08% Cu and 62.6 gpt Ag and
MR92-02 – 36.58 metres at 0.49% Cu and 26.8 gpt Ag.
Three other anomalous zones were identified by Amarc during its exploration programs. Furt her details
can be found in the recently completed 43 -101 report on the property located under the Company’s
SEDAR profile.
Glacier Lake has not yet verified the historic soil, trenching and drilling data. Data verification is one of
the objectives of the first pass and subsequent diamond drilling program.
Suite 2000 – Oceanic Plaza, 1066 West Hastings Street, Vancouver, BC V6E 3X1
O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
The Company is also pleased to announce the addition of R. Tim Henneberry, P.Geo. to the Company’s
Advisory Board.
Mr. Henneberry, a graduate of Dalhousie University, is a Professional Geoscientist registered in British
Columbia. Mr. Henneberry has extensive experience in mineral exploration and development for
precious and base metals and industrial minerals. He has worked in western and northern Canada,
southwestern United States, Africa and South America. He is the principal of Mammoth Geological Ltd.
Mr. Henneberry was a founding Director, President and Chief Executive Officer of Appleton Exploration
Inc., from 2006 to 2011 and founding Director, President and Chief Executive Officer of Indigo
Exploration Inc. from 2009 to 2011, raising in excess of $11 million dollars for the two companies. Mr.
Henneberry is currently a Director of Broadway Gold Mining Ltd., Sojourn Ventures Inc. and Quadro
Resources Ltd. He sits on the advisory boards of Anfield Resources Ltd., Canadian Zeolite Corp. and
Tasca Resources Ltd.
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.