This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:GGL touts name change and assets 2009-10-15 09:33 ET - News Release Mr. Raymond Hrkac reports GGL RESOURCES CORP.-DIAMONDS...AND MUCH MORE GGL Resources Corp. has released reasons for the name change from GGL Diamond Corp. to GGL Resources Corp. and a brief update. GGL is more than diamonds and the new name more properly represents the variety of GGL's assets. Gold properties British Columbia Located in northwest British Columbia, the McConnell Creek gold property is 100 per cent owned by GGL and assessment work has been filed to maintain the property in good standing for 10 years. Trenching and diamond drilling have outlined a gold zone 145 metres in length with widths ranging from 0.6 metre to 6.2 metres and averaging 1.8 metres. Within the zone, gold values vary from 1.7 grams per tonne to 44.02 grams per tonne and average 6.79 grams per tonne. Diamond drilling has traced the zone to a depth of 250 metres in the deepest hole drilled to date. Two other gold zones have been discovered, one by trenching and another by a single exploration drill hole. The size of these zones remains to be determined. Anomalous gold-in-soil values associated with geophysical anomalies occur intermittently over a length of 12 kilometres and these new targets are being outlined for future exploration. The remainder is available to Stockwatch subscribers.
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