SASKATCHEWAN GLR RESOURCES of Kirkland Lake, Ontario, says the updated mineral resource report for its Goldfields project adds 225,000 oz of gold to the previous estimate. Prepared by WARDROP ENGINEERING, the report puts measured and indicated resources at 12.20 million tonnes grading 1.75 g/t Au (0.5 g/t cut-off) or 687,000 oz of gold.
The Goldfields property includes the former Box-Athona mine near Uranium City, Saskatchewan. It was operated by Cominco from 1939 to 1942, but is now 100% owned by GLR. GLR has proposed a production rate of 4,000 tonnes/day for annual gold output of over 70,000 oz. Please visit www.GLRResources.com.
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