Toronto: GRS/Frankfurt: GKF
KIRKLAND LAKE, ON, March 6 /CNW/ - GLR Resources (TSX:GRS) is pleased to
announce that it has been informed by the Saskatchewan Government -
Environmental Assessment Branch - that the public review phase of the
Environmental Impact Study for the Box Mine portion of its Goldfields project
will be completed by April 15th, 2008.
Section 11 of The Saskatchewan Environmental Assessment Act requires the
Minister responsible for the Act to make both the Environmental Impact
Statement for a project and the conclusions of the associated project
technical review available to the public for a 30 day review period.
Commenting on this significant development, GLR President and CEO
Robert Kasner noted "I am extremely pleased to see this public review process
getting underway. Completion of this review process will represent a major
step forward for GLR Resources and will keep activities at the Goldfields
project on track to deliver gold production from the Box deposit in mid-2009".
About GLR Resources
GLR is a Canadian based junior mining and exploration company focusing on
projects in North America and with existing projects in Ontario, Quebec and
Saskatchewan. GLR's most advanced project is its Goldfields Project, located
near Uranium City in northern Saskatchewan. The Goldfields project consists of
two open-pitable Gold deposits - The Box and The Athona - containing a
resource in excess of one million ounces Gold. GLR is focused on bringing the
Goldfields project into production in early 2009. GLR trades on the TSX under
the symbol GRS.
For further information please see the company website at
Forward Looking Statements: This news release contains certain
forward-looking statements. These forward-looking statements are subject to a
variety of risks and uncertainties beyond GLR's ability to control or predict
which could cause actual events or results to differ materially from those
anticipated in such forward-looking statements. Although GLR believes that the
assumptions inherent in the forward-looking statements are reasonable, undue
reliance should not be placed on these forward-looking statements.
For further information:
For further information: Robert Kasner, President & CEO, T: (705)
567-5351, E: email@example.com; Malcolm Bucholtz, V.P. Investor Relations,
T: (306) 525-0852, E: firstname.lastname@example.org; John Orr, P.Eng., C.O.O., T:
(306) 241-3403, E: email@example.com