04:24:12 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Gold Reach Resources Ltd (3)
Symbol GRV
Shares Issued 36,575,090
Close 2014-07-24 C$ 0.75
Market Cap C$ 27,431,318
Recent Sedar Documents

Gold Reach Resources receives $1.84-million tax credit

2014-07-30 14:35 ET - News Release

Mr. Shane Ebert reports

GOLD REACH RECEIVES $1.85 MILLION REFUNDABLE TAX CREDIT

Gold Reach Resources Ltd. has received full payment from the Canada Revenue Agency of the British Columbia mineral exploration tax credit (BCMETC) amounts totalling $1,849,559 for the year ended March 31, 2014. The refund amount will be added to the company's working capital resources.

Ootsa project drilling update

One drill is currently active on the Ootsa property working on the West Seel deposit, and four holes have been completed during 2014 to date (holes S14-200 to S14-203). The drill is currently working on hole S14-204. Samples from holes S14-200 to S14-203 have been sent to the lab, and assay results are pending.

Field crews continue to prospect and collect soil and rock samples from several regional prospects on the large Ootsa claim block, and line cutting and drill road construction are continuing in the Damascus area. Archeological field reconnaissance studies and preliminary baseline water sampling will begin next week.

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