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Tuesday, 09/08/2020 2:17:30 PM

Tuesday, September 08, 2020 2:17:30 PM

Post# of 29
An additional acquisition for GLM
"GLM is pleased to announce the acquisition of a large, expansive group of claims known as the "Copperview Project" located in south-central British, Columbia. The project, acquired from Donald Rippon of Mineworks Ventures, is situated on the same regional geologic trend as, and surrounding the "MPD Property" owned by Kodiak Copper Corp. ("Kodiak") (TSX-V: KDK). Kodiak recently reported an intercept in drill hole MPD-20-004 of 282 meters averaging 0.70 percent copper and 0.49 grams gold per tonne (see PR Kodiak, September 3, 2020). Kodiak indicates this intercept represents a "significant high-grade copper-gold extension of the recently discovered Gate zone", located in the well-known, prolific southern portion of the Quesnel trough, host to numerous producing, past-producing and advanced development stage copper-gold porphyry deposits.The Copperview project comprises 17 claim blocks totaling over 204 square kilometers (20,437 hectares) over a large area measuring 40 kilometers in an east-west direction, by 30 kilometers in a north-south direction. The southern extent is traversed by the Peachland-Summerland Hwy, which parallels the railroad tracks. The northern portion of the project area is just south of Hwy 97C, and the western claim groups are traversed by Hwy 5A. An extensive network of logging and ranching roads allows year-round access to most target areas over the project area.The Copperview project covers, or is adjacent to, nine (9) known Minfile (BC government designation) mineral showings or occurrences, and also covers with the mineral rights, three historical small placer gold operations (Minfile past producers). The Siwash West 1000 claim block west of Mizzezula Lake is the closest area to Kodiak's recent drilling, located approximately 4.2 kilometers northwest of hole MPD-20-004. The southeast and east portions of the Copperview project are contiguous to Kodiak's MPD Property.Much of the Copperview project has seen only limited exploration activity and only a few shallow drill holes. Historic exploration focused largely on exposed surface mineral showings and several large untested copper-in-soil and gold-in-soil anomalies are known and can quickly be advanced to new near-term drill targets. With some exploration activity dating to the 1960-1970s, many historical copper intervals were not completed"