frizzers Posted October 12, 2007 Report Share Posted October 12, 2007 I am going to meet the management of this company next week. Does anyone know this company or any of the personnel below? Frizz GLR Resources Inc Recent Price: C$0.46 Market Cap. : C$20.5m 52 Hi / Lo: C$0.27 – C$0.64 Treasury: C$2m Shares Outstanding: 46m Options & Warrants: 7m @C$0.46 + Website: www.glrresources.com Management / Key Personnel: Bob Kasner - President and CEO Mr. Kasner has been involved in the mineral exploration and development industry for over 40 years. Mr. Kasner is also the CEO and President of Uranium City Resources. John Orr, P.Eng. - Chief Operating Officer Mr. Orr is a mining professional with over 25 years experience. He has considerable experience with underground and open pit mining operations in both the base metal and precious metal sectors. Malcolm Bucholtz, B.Sc, MBA - V.P. Investor Relations Mr. Bucholtz has 16 years experience as a Metallurgical Engineer in the manufacturing sector. Immediately prior to joining GLR Resources he was an Investment Advisor with a leading independent brokerage firm in Canada. Primary Project: Goldfields Project GLR Resources has identified a proven and probable Gold reserve of 601,000 ounces, a measured & indicated resource of 151,000 ounces and an inferred resource of 111,000 ounces on its ‘Box’ deposit. Drilling has suggested the Gold mineralization continues at depth. A bankable feasibility study has been completed and project financing has been arranged through Investec Bank (U.K.). A 43-101 Resource calculation on the nearby Athona deposit property has shown a measured and indicated resource of 289,000 ounces Gold. A feasibility study for this deposit is currently being completed. An Environmental Impact Study has been submitted to the Saskatchewan government and full permitting is anticipated very soon. The area around these two deposits also hosts numerous geological indications similar to that evident at the Box and Athona deposits. GLR Resources anticipates being in a position to commence Gold production on the Box deposit by late 2008 or early 2009 thus making it Canada’s next Gold mining company. Other Assets: Kirkland Lake Properties GLR's property claims in the Kirkland Lake region consist of the Hurd McCauley property, the Kirkland West property and the former producing Omega Mine property. The Omega Mine property is situated 4 kms west of the former producing Kerr Addison Mine which produced 10 million ounces Gold in its lifetime. The Omega Mine itself produced 250,000 ounces Gold in its lifetime. Thunder Bay District GLR has a 50% interest in two properties in the Hemlo-Shebandowan greenstone belt located west of Thunder Bay, Ontario.The Goldie property exhibits several attractive geo-physical targets with base metal/precious metal potential. 2007 will see further drill testing of these targets. The Stares-Calvert property hosts a considerable amount of glacial boulder debris exhibiting over 10% Zinc. 2007 will see a continuation of efforts to identify the in-situ base metal deposit that is the host of this glacial debris. Casa Berardi, Quebec Property GLR holds a 100% ownership in 1040 acres of highly prospective property in north-west Quebec, east of the now producing Aurizon Mine. Historic drilling on this property has returned some attractive results. Link to comment Share on other sites More sharing options...
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