Glamis Gold Discovers High Grade Gold and Silver mineralization at La Hamaca Wednesday March 24, 8:30 am ET
RENO, Nev.--(BUSINESS WIRE)--March 24, 2004--Glamis Gold Ltd. (NYSE:GLG - News; TSX:GLG - News) today reported initial drilling results at the La Hamaca prospect, located approximately three kilometers north of its Marlin project in Guatemala. La Hamaca is the northern-most of five targets within a six kilometer radius of Marlin. Reverse circulation drilling has identified high grade gold and silver mineralization similar in grade and character to the veins at Marlin. The first phase, 10-hole program has identified gold mineralization within an East-West trending high-angle vein, hosted within altered andesite. The quartz-calcite vein has been traced by drilling and surface outcrop sampling along a strike length of 280 meters within a gold-in-soil anomaly of 800 meters in length. Additional untested structures containing gold and silver mineralization have been identified by surface sampling within a 200 meter distance to the south.