GGL Resources Corp. Appoints Technical Committee
GGL Resources Corp. (TSXV:GGL) has announced the formation of a new technical committee to provide strategic guidance on geological, operational, and engineering aspects of its flagship Gold Point Project in Nevada and McConnell Copper-Gold Project in British Columbia.
The committee includes three industry veterans: Manuel Estrada, P.Eng., a mining executive with 14 years at Capstone Mining Corp; Richard Reid, B.Sc., a geologist with over 40 years of experience including roles at Newmont Goldcorp Corp; and Ronald Berdahl, B.Sc., a prospecting expert with 40+ years of experience in Yukon and Western United States.
The company has granted 600,000 incentive stock options to Technical Committee members at $0.08 per share for a five-year period, with 25% vesting quarterly during the first year.
GGL Resources Corp. (TSXV:GGL) ha annunciato la formazione di un nuovo comitato tecnico per fornire orientamenti strategici sugli aspetti geologici, operativi e ingegneristici del suo progetto di punta Gold Point in Nevada e del progetto McConnell Copper-Gold in Columbia Britannica.
Il comitato include tre esperti del settore: Manuel Estrada, P.Eng., un dirigente minerario con 14 anni di esperienza presso Capstone Mining Corp; Richard Reid, B.Sc., un geologo con oltre 40 anni di esperienza, inclusi ruoli presso Newmont Goldcorp Corp; e Ronald Berdahl, B.Sc., un esperto di prospezione con oltre 40 anni di esperienza nello Yukon e negli Stati Uniti occidentali.
L'azienda ha concesso 600.000 opzioni su azioni incentivanti ai membri del Comitato Tecnico a $0,08 per azione per un periodo di cinque anni, con il 25% che matura trimestralmente durante il primo anno.
GGL Resources Corp. (TSXV:GGL) ha anunciado la formación de un nuevo comité técnico para proporcionar orientación estratégica sobre los aspectos geológicos, operativos y de ingeniería de su proyecto insignia Gold Point en Nevada y del proyecto McConnell Copper-Gold en Columbia Británica.
El comité incluye a tres veteranos de la industria: Manuel Estrada, P.Eng., un ejecutivo minero con 14 años en Capstone Mining Corp; Richard Reid, B.Sc., un geólogo con más de 40 años de experiencia, incluidos roles en Newmont Goldcorp Corp; y Ronald Berdahl, B.Sc., un experto en prospección con más de 40 años de experiencia en Yukon y el oeste de los Estados Unidos.
La empresa ha otorgado 600,000 opciones de acciones incentivadas a los miembros del Comité Técnico a $0.08 por acción durante un período de cinco años, con un 25% que se consolida trimestralmente durante el primer año.
GGL Resources Corp. (TSXV:GGL)는 네바다의 Gold Point 프로젝트와 브리티시컬럼비아의 McConnell Copper-Gold 프로젝트의 지질학적, 운영적 및 엔지니어링 측면에 대한 전략적 지침을 제공하기 위해 새로운 기술 위원회를 구성했다고 발표했습니다.
위원회에는 세 명의 업계 베테랑이 포함되어 있습니다: 마누엘 에스트라다, P.Eng., Capstone Mining Corp에서 14년의 경력을 가진 광업 경영자; 리차드 리드, B.Sc., Newmont Goldcorp Corp에서의 역할을 포함하여 40년 이상의 경험을 가진 지질학자; 그리고 로널드 베르달, B.Sc., 유콘 및 미국 서부에서 40년 이상의 경험을 가진 탐사 전문가입니다.
회사는 기술 위원회 구성원에게 주당 $0.08로 600,000개의 인센티브 주식 옵션을 부여했으며, 5년 동안 유효하고 첫 해 동안 분기별로 25%가 확정됩니다.
GGL Resources Corp. (TSXV:GGL) a annoncé la formation d'un nouveau comité technique pour fournir des orientations stratégiques sur les aspects géologiques, opérationnels et d'ingénierie de son projet phare Gold Point au Nevada et du projet McConnell Copper-Gold en Colombie-Britannique.
Le comité comprend trois vétérans de l'industrie : Manuel Estrada, P.Eng., un cadre minier avec 14 ans d'expérience chez Capstone Mining Corp; Richard Reid, B.Sc., un géologue avec plus de 40 ans d'expérience, y compris des rôles chez Newmont Goldcorp Corp; et Ronald Berdahl, B.Sc., un expert en prospection avec plus de 40 ans d'expérience au Yukon et dans l'ouest des États-Unis.
L'entreprise a accordé 600 000 options d'actions incitatives aux membres du Comité Technique à 0,08 $ par action pour une durée de cinq ans, avec 25 % qui se libèrent trimestriellement au cours de la première année.
GGL Resources Corp. (TSXV:GGL) hat die Bildung eines neuen technischen Ausschusses bekannt gegeben, der strategische Leitlinien zu geologischen, operativen und ingenieurtechnischen Aspekten seines Flaggschiffprojekts Gold Point in Nevada und des Projekts McConnell Copper-Gold in British Columbia geben soll.
Dem Ausschuss gehören drei Branchenveteranen an: Manuel Estrada, P.Eng., ein Bergbau-Manager mit 14 Jahren Erfahrung bei Capstone Mining Corp; Richard Reid, B.Sc., ein Geologe mit über 40 Jahren Erfahrung, einschließlich Tätigkeiten bei Newmont Goldcorp Corp; und Ronald Berdahl, B.Sc., ein Prospektionsexperte mit über 40 Jahren Erfahrung im Yukon und im Westen der Vereinigten Staaten.
Das Unternehmen hat 600.000 Anreizaktienoptionen an die Mitglieder des Technischen Ausschusses zu einem Preis von 0,08 $ pro Aktie für einen Zeitraum von fünf Jahren gewährt, wobei 25 % im ersten Jahr vierteljährlich fällig werden.
- Formation of experienced technical committee strengthens project development expertise
- Addition of former Newmont Goldcorp and Capstone Mining executives brings valuable operational knowledge
- Committee members have direct familiarity with company's Gold Point project
- Stock option grant of 600,000 shares represents potential dilution for existing shareholders
VANCOUVER, BC / ACCESS Newswire / March 19, 2025 / GGL Resources Corp. (TSXV:GGL) ("GGL" or the "Company") is pleased to provide the following corporate update:
Technical Committee
The Management of GGL is pleased to announce the formation a technical committee to advise on strategic and technical matters to advance its flagship Gold Point Project in Nevada along with the McConnell Copper-Gold Project in British Columbia. The Technical Committee will provide strategic guidance on the geological, operational and engineering aspects of the Company's projects. The Management of GGL Resources Corp. welcomes the following:
Manuel Estrada, P.Eng. Mr. Estrada is a mining executive with extensive experience in mining operations spanning the Americas. Mr. Estrada worked for Capstone Mining Corp. for 14 years at the Cozamin and Pinto Valley Mines in Mexico and Arizona, respectively. He holds a B.Sc. in Civil Engineering from the Tecnologico de Durango in Mexico and has extensive experience in underground mining with certifications on Risk, Safety, Leadership, Maintenance and Process Management, Cut-Off Grade and Mine Strategy Optimization.
Richard Reid, B.Sc. Mr. Reid is a geologist with over 40 years in the mining business working for major mining companies with a career focused on Nevada. Early in his career, he was a Nevada project geologist for Pegasus Mining, later transitioning to roles with Newmont Goldcorp Corp., the largest producer of gold in the world. He continued his career as Newmont's Nevada District Exploration Manager and later Exploration Business Development Manager, and finally Chief Geologist for North America.
Ronald Berdahl B.Sc. Mr. Berdahl's career spans over 40 years primarily focused on grassroots prospecting and project generation in Yukon, Canada and the Western United States. Along with his sons, their private family company, 18526 Yukon Inc., built a portfolio of mineral projects that now include the world-class Valley gold deposit being developed by Snowline Gold.
"The management at GGL would like to thank Manuel, Dick and Ron for offering to sit on our technical committee," stated John Gilbert, CEO. "They've each been on site and see Gold Point's great potential. We appreciate their support as we advance the project, and I'm personally grateful to have them involved as we continue to strengthen and build a top-notch team at GGL."
GGL has granted 600,000 incentive stock options under its Incentive Stock Option Plan to Technical Committee members at a price of
About GGL Resources Corp.
GGL is a seasoned, Canadian-based junior exploration company, focused on the exploration and advancement of under-evaluated mineral assets in politically stable, mining friendly jurisdictions. The Company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane Trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past producing high-grade mines, as well as an exciting new porphyry target which is currently under option to Teck. The Company also owns the McConnell Project, which hosts mesothermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Columbia. GGL also holds diamond royalties on mineral leases adjacent to the Gahcho Kué diamond mine and southwest of the Ekati diamond mine in the Northwest Territories.
ON BEHALF OF THE BOARD
"John Gilbert"
Chief Executive 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
rdrechsler@strategicmetalsltd.com
Corporate Information
Linda Knight
Corporate Secretary
Tel: (604) 688-0546
info@gglresourcescorp.com
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.
Information contained in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "succeed", "advancements", "under-evaluated" and similar expressions, or that events or conditions "may", "could" or "will" occur. GGL cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the control of GGL. Such factors include, among other things: risks and uncertainties relating to exploration and development and the results thereof, including the results of the recently completed drill program, the impact on future mineral resource estimates, the potential for new discoveries, and the results of future metallurgical programs, as well as the ability of GGL to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in GGL's financial statements available under the GGL profile at www.sedarplus.ca. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GGL undertakes no obligation to publicly update or revise forward-looking information.
SOURCE: GGL Resources Corp.
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