GGL ANNOUNCES NEW OFFICERS, TECHNICAL ADVISORS AND STOCK OPTIONS
Vancouver, British Columbia – November 7, 2017 – GGL Resources Corp. (TSXV: GGL) (the “Company”) is pleased to announce the appointment of Mr. David Kelsch, P.Geo as President and Chief Operating Officer of the Company, Mrs. Linda Knight as Corporate Secretary, and Mr. Chris Hrkac and Dr. Tom McCandless as Technical Advisors.
Mr. Kelsch is a professional geologist with over 30 years in the mineral exploration industry. Since 1992, when he joined Rio Tinto, his core focus has been diamond exploration. Mr. Kelsch managed Rio Tinto’s multi-million dollar exploration efforts at Lac de Gras, Northwest Territories, from initiation through to advanced discovery on what was later to be commissioned the Diavik Diamond Mine. Since leaving his tenure at Rio Tinto in the late 1990s, he has consulted for numerous public and private companies, holding positions of Vice President Exploration as well as director and advisor, exploring for diamonds on four continents. Notably he co-founded Indicator Minerals Inc. in the mid-2000s and led that exploration team to the discovery of numerous diamondiferous kimberlites in Canada’s north. Mr. Kelsch remained active with Indicator Minerals through its transition to Bluestone Resources Inc. and its subsequent acquisition of the Cerro Blanco gold deposit in Guatemala, from Goldcorp. Inc. in 2017.
Mrs. Linda Knight is a Certified General Accountant and has served with GGL Resources Corp. since 2000. From 1992 to 2000 Mrs. Knight was employed by a management company that included GGL and two other public companies. Before GGL, Mrs. Knight was controller at Westley Mines Limited.
Mr. Chris Hrkac has over 40 years of field experience specializing in remote and difficult access projects that explored for diamonds, gold and base metals. He formed CAH Consulting Ltd. in 1989, and has since provided consulting services for projects in various stages of exploration and development in northern and western Canada, western USA and Ghana. Mr. Hrkac was the Head of Exploration and Field Activities for GGL Resources Corp. from 1991 to 2012, and has been the Project Manager for the Kennady North Project (Kennady Diamonds Corporation) since 2012.
Dr. Tom McCandless has been active in diamond exploration since 1978, including direct involvement in discovery of the first diamond mine in Canada (Ekati) and in Quebec (Renard). He has held numerous senior technical and executive positions including Chief Mineralogist for Ashton Mining of Canada and Stornoway Diamonds, and is presently an independent director for Kennady Diamonds Corporation. Dr. McCandless is a member of the Engineers and Geoscientists of British Columbia, and the Northwest Territories and Nunavut Association of Professional Engineers and Geoscientists. He also holds the position of Adjunct Professor at the University of Alberta and the University of Arizona. Since 2008, Dr. McCandless has been President of MCC Geoscience Inc., providing mineral exploration and acquisition advice to clients in the Americas, Europe and Africa.
Stock Options Granted
Based on the recommendations of the Compensation Committee, the directors approved the granting of 1,275,000 stock options exercisable at a price of $0.15 per share until November 6, 2022. The options were granted to directors, officers and consultants. The options will vest on a quarterly basis commencing three months from the date of grant.
On behalf of the Board of Directors,
“W. Douglas Eaton”
W. Douglas Eaton
Chief Executive Officer
For further information, please phone: (604) 688-0546, e-mail: info@gglresources.com. For more information, please check our website at www.gglresourcescorp.com.
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