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Jan 23, 2012
Grant Of Stock Options
Jan 17, 2012
Gold Reach (GRV) Announces A 400% Increase In Copper, Gold, Molybdenum, And Silver At The Seel Deposit, British Columbia
| TSX-V: GRV |
$0.66 |
| Date: |
1/27/2012 |
| Time: |
3:53pm |
| Last: |
$0.66 |
| Volume: |
39700
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| Change: |
$+0.02 |
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A GOLDEN OPPORTUNITY AND A COPPER RESOURCE
Gold Reach Resources(TSX-V: GRV) is a Canadian-based mineral exploration and development company with two 100% owned properties located in British Columbia, Canada.
Ootsa Property
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22,000 hectares in the North-West region of British Columbia
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Located 8 kms South-East of the copper producing Huckleberry Mine
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New independent mineral resource estimate study was conducted and based on 28,294 meters of drilling in 100 holes
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New (43-101 Compliant) Resource Calculation at Seel contains:
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Copper
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805 million lbs. inferred
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136 million lbs. indicated
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Gold
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897,694 ounces inferred
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189,924 ounces indicated
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Silver
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15 million ounces inferred
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1 million ounces indicated
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Molybdenum
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80 million lbs. inferred
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4 million lbs. indicated
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Zone remains wide open for expansion to the west, north, south, and at depth
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An aggressive drill program in 2012 will look to significantly increase the tonnage in this area
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At a 0.2% Cy Eq cut off, the Seel deposit contains an indicated resource of 28.13 million tonnes grading at:
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0.22% Cu
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0.21 g/t Au
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0.007% Mo
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1.1 g/t Ag (0.40% Cu Eq)
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At a 0.2% Cu Eq cut off, the Seel deposit contains an inferred resource of 214.78 million tonnes grading at:
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0.17% Cu
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0.13 g/t Au
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0.017% Mo
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2.17 g/t Ag (0.33% Cu Eq)
See the Ootsa page for recent camp photos
Auro Property
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22,319 hectares in central British Columbia
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Advanced stage copper and gold exploration targets with near term potential in an exciting area with several acquisitions including Silverquest Resources and Richfield Ventures
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Located only 2 kms away from NewGold's recently acquired 6.5 million oz Au "Blackwater" project
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$1 Million spent on aggressive exploration
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Road access in place for immediate follow-up
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5 year drilling and geophysics permit application submitted in 2011
We are optimistic about our future and committed to creating value for our stock holders over the long term. Currently we have just over 22.86 million outstanding shares.
Gold Reach Resources has assembled a highly experienced management and technical consulting team possessing the necessary skills and expertise to realize the full potential of these properties.
Our stock trades on the TSX Venture Exchange under the symbol "GRV".
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