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Glacier Lake Resources Inc
Symbol GLI
Shares Issued 52,257,723
Close 2018-08-28 C$ 0.025
Recent Sedar Documents

ORIGINAL: Glacier Lake completes exploration at two properties

2018-09-04 09:07 ET - News Release

Received by email:

File: NR20180904Exploration Activity Update.docx

EXPLORATION ACTIVITY UPDATE- SILVER VISTA AND HACKETT PROPERTIES 

Vancouver, B.C. September 4, 2018   - Glacier Lake Resources Inc. TSXV: GLI - ("Glacier" or the "Company") announces t
--->he completion of two reconnaissance surface exploration programs on its Silver Vista and Hackett properties. The Silve
--->r Vista property is the Company's principal project and is located near Smithers, B.C., with a focus on the discovery 
--->of a large, bulk-tonnage, clastic sediment-hosted, disseminated copper-silver deposit. The Hackett Property is located
---> in the Sheslay area of northwestern B.C., strategically adjoins the eastern border of the Hat property, owned by Doub
--->leview Capital Corp. ("Doubleview") and actively being explored by joint venture partner Hudbay Minerals Inc. ("Hudbay
--->"). The work on both properties was completed by Exploration Facilitation Unlimited Inc.
Silver Vista Property
The "MR Zone" on the Silver Vista property was drilled in the 1st quarter of 2018, with seven holes, totalling 1,273 m
--->etres completed. All drilling was directed at the "MR Zone", which represented the first drilling on the property sinc
--->e the initial program of 1,252.5 meters in 1991/1992. Highlights of the recent drill program include Hole SV18-06 whic
--->h returned multiple horizons of mineralization over the entire length of the hole, with the entire drill hole length o
--->f 153.4 meters averaging 28.9 grams per tonne silver equivalent, (see press release May 23, 2018). Hole SV18-06 was th
--->e northernmost hole and the mineralized zone is open and undrilled to the west, north and northwest. Assay results fro
--->m these two work programs are pending.
The "MR Zone" discovery (1990) comprises a mineralized showing in a logging road-cut. The property has been extensivel
--->y logged recently, and a network of newly constructed roads was the focus of this summer exploration program to discov
--->er additional mineralization in outcrop exposures or boulders.
Work performed included till sampling using a backpack drill and prospecting/mapping. A total of 7 till samples and 25
---> rock grab samples were collected from three target areas (West, SE, Circle Road), away from the "MR Zone' area.  Outc
--->rop exposure is limited, due to the slight, rolling topography, but weak observations of copper mineralization (oxide 
--->stain) were observed at all three locations. The West and SE Target areas were surveyed using a GDD Beep Mat to detect
---> near-surface EM/Mag conductors, with one anomaly noted. 
Further details on the Silver Vista property can be found in the National Instrument 43-101 report on the property loc
--->ated under the company's SEDAR profile.
Hackett Property
The Hackett property is located approximately 38 kilometres northwest of the village of Telegraph Creek, and approxima
--->tely 95 kilometres west-southwest of Dease Lake. The western border of the Hackett property is less than a kilometre a
--->way from Doubleview's Lisle zone, and the Hoey Minfile prospect is located near Big Creek on the boundary with the Hat
---> property.  Exploration activity focused on expanding on the mineral showings discovered in 2014, related to the Hoey 
--->Minfile occurrence, which lies on the boundary with Doubleview. On the Hackett property the 2014 discovery mineral sho
--->wing returned 24 and 594 parts per billion gold, and 598 and 2,970 parts per million copper, respectively. Approximate
--->ly 150 m upstream on Big Creek from the discovery showing, another strongly oxidized showing returned 128 ppb gold and
---> 935 ppm copper. 
Work performed at the Hackett Property included prospecting and soil sampling, with a crew using a fly-camp located on
---> the property, serviced by helicopter form Dease Lake. In total 26 rock samples were collected from the area of the 20
--->14 sampling in a steep ravine on the western flank of the property. The majority of samples collected were gossanous f
--->ine-grained mafic volcanics, many of which contained quartz -carbonate veins/veinlets. In addition, 33 soil samples we
--->re collected using augers from within a target zone projects as the extension of the Hoey Zone. 
The technical content of this news release has been reviewed and approved by R. Tim Henneberry, PGeo, a member of the 
--->Glacier Lake advisory board and a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure
---> for Mineral Projects.
 The TSX Venture Exchange has accepted for filing the company's issuance of 734,095 shares at an average price of $0.0
--->725 in consideration of certain services provided to the company pursuant to an agreement dated May 25, 2017.

For additional information please feel free to contact:

Saf Dhillon
President/CEO
Glacier Lake Resources Inc.
Tel:866-687-7059 Dir: 604-688-2922
saf@glacierlake.ca
Please visit our Website at: www.glacierlake.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may include forwa
--->rd-looking statements that are subject to risks and uncertainties. All statements within, other than statements of his
--->torical fact, are to be considered forward looking.  Although the Company believes the expectations expressed in such 
--->forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performan
--->ce and actual results or developments may differ materially from those in forward-looking statements.  Factors that co
--->uld cause actual results to differ materially from those in forward-looking statements include market prices, continue
--->d availability of capital and financing, and general economic, market or business conditions.  There can be no assuran
--->ces that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of su
--->ch uncertainties.  We do not assume any obligation to update any forward-looking statements except as required under t
--->he applicable laws.



File: NR20180904Exploration Activity Update.pdf

         EXPLORATION ACTIVITY UPDATE- SILVER VISTA AND HACKETT
                              PROPERTIES

Vancouver, B.C. September 4, 2018   Glacier Lake Resources Inc. TSXV: GLI   ("Glacier" or the
"Company") announces the completion of two reconnaissance surface exploration programs on its Silver
Vista and Hackett properties. The Silver Vista property is the Company's principal project and is located
near Smithers, B.C., with a focus on the discovery of a large, bulk-tonnage, clastic sediment-hosted,
disseminated copper-silver deposit. The Hackett Property is located in the Sheslay area of northwestern
B.C., strategically adjoins the eastern border of the Hat property, owned by Doubleview Capital Corp.
("Doubleview") and actively being explored by joint venture partner Hudbay Minerals Inc. ("Hudbay").
The work on both properties was completed by Exploration Facilitation Unlimited Inc.

Silver Vista Property

The "MR Zone" on the Silver Vista property was drilled in the 1st quarter of 2018, with seven holes, totalling
1,273 metres completed. All drilling was directed at the "MR Zone", which represented the first drilling
on the property since the initial program of 1,252.5 meters in 1991/1992. Highlights of the recent drill
program include Hole SV18-06 which returned multiple horizons of mineralization over the entire length
of the hole, with the entire drill hole length of 153.4 meters averaging 28.9 grams per tonne silver
equivalent, (see press release May 23, 2018). Hole SV18-06 was the northernmost hole and the
mineralized zone is open and undrilled to the west, north and northwest. Assay results from these two
work programs are pending.

The "MR Zone" discovery (1990) comprises a mineralized showing in a logging road-cut. The property has
been extensively logged recently, and a network of newly constructed roads was the focus of this summer
exploration program to discover additional mineralization in outcrop exposures or boulders.

Work performed included till sampling using a backpack drill and prospecting/mapping. A total of 7 till
samples and 25 rock grab samples were collected from three target areas (West, SE, Circle Road), away
from the "MR Zone' area. Outcrop exposure is limited, due to the slight, rolling topography, but weak
observations of copper mineralization (oxide stain) were observed at all three locations. The West and SE
Target areas were surveyed using a GDD Beep Mat to detect near-surface EM/Mag conductors, with one
anomaly noted.

Further details on the Silver Vista property can be found in the National Instrument 43-101 report on the
property located under the company's SEDAR profile.

Hackett Property

The Hackett property is located approximately 38 kilometres northwest of the village of Telegraph Creek,
and approximately 95 kilometres west-southwest of Dease Lake. The western border of the Hackett
property is less than a kilometre away from Doubleview's Lisle zone, and the Hoey Minfile prospect is

          Suite 1588   Canaccord Financial Tower, 609 Granville Street, Vancouver, BC V7Y 1G5
                         O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
 located near Big Creek on the boundary with the Hat property. Exploration activity focused on expanding
on the mineral showings discovered in 2014, related to the Hoey Minfile occurrence, which lies on the
boundary with Doubleview. On the Hackett property the 2014 discovery mineral showing returned 24 and
594 parts per billion gold, and 598 and 2,970 parts per million copper, respectively. Approximately 150 m
upstream on Big Creek from the discovery showing, another strongly oxidized showing returned 128 ppb
gold and 935 ppm copper.

Work performed at the Hackett Property included prospecting and soil sampling, with a crew using a fly-
camp located on the property, serviced by helicopter form Dease Lake. In total 26 rock samples were
collected from the area of the 2014 sampling in a steep ravine on the western flank of the property. The
majority of samples collected were gossanous fine-grained mafic volcanics, many of which contained
quartz -carbonate veins/veinlets. In addition, 33 soil samples were collected using augers from within a
target zone projects as the extension of the Hoey Zone.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, PGeo,
a member of the Glacier Lake advisory board and a qualified person as defined by National Instrument
43-101 -- Standards of Disclosure for Mineral Projects.

The TSX Venture Exchange has accepted for filing the company's issuance of 734,095 shares at an average
price of $0.0725 in consideration of certain services provided to the company pursuant to an agreement
dated May 25, 2017.


For additional information please feel free to contact:

Saf Dhillon
President/CEO
Glacier Lake Resources Inc.
Tel:866-687-7059
Dir: 604-688-2922
saf@glacierlake.ca

Please visit our Website at: www.glacierlake.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Vent
--->ure Exchange)
accepts responsibility for the adequacy or accuracy of this release. This news release may include forward-looking sta
--->tements that
are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be con
--->sidered forward
looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reas
--->onable
assumptions, such statements are not guarantees of future performance and actual results or developments may differ ma
--->terially
from those in forward-looking statements. Factors that could cause actual results to differ materially from those in f
--->orward-
looking statements include market prices, continued availability of capital and financing, and general economic, marke
--->t or
business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are a
--->dvised to
rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking stat
--->ements
except as required under the applicable laws.




                  Suite 1588   Canaccord Tower, 609 Granville Street, Vancouver, BC V7Y 1G5
                            O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca
 


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