Gold Reach Resources Ltd

Published : November 07th, 2017

Mr. Terry Kuzma Joins Gold Reach Board of Directors

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Gold |

MR. TERRY KUZMA JOINS GOLD REACH BOARD OF DIRECTORS

November 7, 2017

November 7, 2017, Vancouver, British Columbia - Gold Reach Resources Ltd. (the �Company� or �Gold Reach�) (TSX-V:GRV) is pleased to announce that Mr. Terry Kuzma has joined the Gold Reach Board of Directors.

Mr. Kuzma has extensive experience in the forestry and mining industries in western Canada and has specialized in working with First Nation groups and resource companies to successfully negotiate agreements for the benefit of all parties.  Mr. Kuzma is a registered professional forester that has served as a senior manager in the natural resource sector for over 25 years. He has been a Director and past President of West Chilcotin Forest Products Ltd., a Director with Cheslatta Forest Products Ltd. and served as Chairman of the Board and Director of Interex Forest Products Ltd. an international forest products marketing company. Mr. Kuzma also continues to serve as a Director on the New Relationship Trust Board.

Mr. Kuzma is leading an initiative by Gold Reach to enter into an advanced exploration to development stage agreement with multiple First Nation groups that have interests over the Ootsa Project and surrounding area and would be in favour of a consolidation of the assets in this area.  The initiative is underway and progress will be updated as certain milestones are met.

Mr. Patrick Glazier, Chairman of the Company stated, �Mr. Kuzma brings a wealth of resource industry knowledge and experience to the Gold Reach Board.  His long and successful history of working with First Nation groups will be invaluable as the Company works on formalizing strong First Nation support for the project. We welcome him to our Board and look forward to moving the Ootsa project forward.�

Mr. Kuzma has been granted 200,000 stock options exercisable at $0.10 per share for a term of five years from the date of grant pursuant to the Company�s stock option plan.

About Gold Reach Resources
Gold Reach Resources owns a 100% interest in the Ootsa Property, an advanced stage exploration project containing the East Seel, West Seel and Ox porphyry deposits located adjacent to the open pit Huckleberry copper mine.  The property contains NI 43-101 compliant resources of 224 million tonnes in the Measured and Indicated categories with contained metals of 1.1 billion pounds of copper and 1 million ounces of gold as summarized in the table below.

Ootsa Project Pit Constrained Mineral Resource Estimate at $8.50/t NSR Cut-off Value

Category

Tonnes
(�000�s)
CuEq
%
Cu % Au
 g/t
Mo 
%
Ag
g/t
CuEq
M lbs
Cu
M lbs
Au
K oz

Mo
M lbs

Ag
K oz

Measured

187,148 0.38 0.23 0.15 0.021 2.8 1,568 934 916

85

17,089

Indicated

37,041 0.35 0.21 0.12 0.023 2.8 286 175 146

19

3,368

M&I

224,189 0.37 0.22 0.15 0.021 2.8 1,854 1,109 1,062

104

20,457

On February 9, 2016, the Company announced a positive Preliminary Economic Assessment (PEA) for the Ootsa Property with potential for low capital cost, low risk and rapid pay back utilizing existing infrastructure in the district with a contract mining and toll milling scenario.  The study recommends that Gold Reach continue to advance the Ootsa Project with extended and advanced technical studies with the intention of moving the project toward a production decision.

The current technical report supporting the resource statement and PEA is available on SEDAR or the Company�s website at www.goldreachresources.com and has an effective date of January 2016.  The resource estimate uses $8.50 per tonne NSR cut-off value.  Mineral resources are not mineral reserves and by definition do not demonstrate economic viability. There is no certainty that all or any part of the mineral resource will be converted into mineral reserves.  A �Measured Mineral Resource� is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit.   An �Indicated Mineral Resource� is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit.  Copper Equivalent (CuEq) calculations are based on base case metal price (US$3/lb Cu, US$1260/oz Au, US$10.30/lb Mo, and US$17/oz Ag) and process recovery assumptions, and take into account smelter payable rates and refining costs.  M&I = measured and indicated.

Dr. Shane Ebert P.Geo., is the Qualified Person for the Ootsa project as defined by National Instrument 43-101 and has approved the technical disclosure contained in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

�Patrick Glazier�

Patrick Glazier
Chairman of the Board

For Further information, please contact:
Telephone: 604-718-5454
Toll Free: 888-500-4587
Email: info@goldreachresources.com
http://goldreachresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release contains forward-looking statements, which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "will", "may", "should", "expects", "plans", or "anticipates" or the negative of these terms or other comparable terminology.. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause the Company�s actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking-statements. Such uncertainties and risks may include, among others, that the Offering will not complete, actual results of the Company's exploration activities being different than those expected by management, delays in obtaining or failure to obtain required government or other regulatory approvals or financing, inability to procure equipment and supplies in sufficient quantities and on a timely basis, equipment breakdown and bad weather. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect the Company's current judgment regarding the direction of its business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggests herein. Except as required by applicable law, the Company does not intend to update any forward-looking statements to conform these statements to actual results.

888 - 700 West Georgia Street, Vancouver, BC V7Y 1G5

Gold Reach Resources Ltd

EXPLORATION STAGE
CODE : GRV.V
ISIN : CA3806863039
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Gold Reach Res. Ltd is an exploration gold company based in Canada.

Gold Reach Res. Ltd holds various exploration projects in Canada.

Its main exploration properties are AURO, OX LAKE and SEEL in Canada.

Gold Reach Res. Ltd is listed in Canada. Its market capitalisation is CA$ 4.2 millions as of today (US$ 3.3 millions, € 2.8 millions).

Its stock quote reached its lowest recent point on December 19, 2008 at CA$ 0.02, and its highest recent level on June 22, 2012 at CA$ 2.13.

Gold Reach Res. Ltd has 46 980 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Gold Reach Resources Ltd
2008 Annual report
2007 Annual Report
Financings of Gold Reach Resources Ltd
7/20/2016Announces Completion Of $700,000 Non Brokered Private Placem...
7/13/2016Increases Non-Brokered Private Placement
7/6/2016Announces Up To $600,000 Non-Brokered Private Placement
6/2/2014Announces $1,044,280 Financing
6/24/2013Announces $2,000,000 Non Brokered Private Placement
7/29/2008Increases And Closes Non-Brokered Private Placement
6/4/2008Announces Non-Brokered Flow-Through Private Placement
1/11/2007Completion of a Non-Brokered Private Placement
Nominations of Gold Reach Resources Ltd
7/6/2011Dr. Shane Ebert Appointed as Vice-President of Exploration
2/15/2008Appointment of William (“Bill”) Campbell as Corporate Commun...
1/2/2008Appointment of Peggy Martin as Corporate Secretary
Project news of Gold Reach Resources Ltd
9/9/2014Drilling extends West Seel Deposit over 400 metres down dip ...
7/17/2014Gold Reach stakes the White Gold Prospect and provides explo...
2/24/2014Gold Reach Provides a Summary of Results From 2013 Ootsa Exp...
2/24/2014(Seel)Provides A Summary Of Results From 2013 Ootsa Exploration Se...
1/27/2014Gold Reach Announces Final Results from 2013 Drilling Includ...
1/27/2014(Seel)Announces Final Results From 2013 Drilling Including 177.4 M...
1/20/2014Gold Reach Intersects 179.5 Metres of 0.80% Copper Equivalen...
1/20/2014(Seel)Intersects 179.5 Metres Of 0.80% Copper Equivalent Including...
1/13/2014Gold Reach Announces First Open Pit Constrained Resource Est...
1/13/2014Announces First Open Pit Constrained Resource Estimate For O...
1/8/2014Gold Reach Announces Positive Metallurgical Results from the...
1/8/2014Announces Positive Metallurgical Results From The Ox Deposit
10/28/2013Gold Reach Intersects 238 Metres of 0.73% Copper Equivalent ...
10/28/2013(Seel)Intersects 238 Metres Of 0.73% Copper Equivalent Including 1...
10/21/2013(Seel)Intersects 20 Metres Of 1.26% Copper Equivalent Within A Lar...
10/15/2013Gold Reach Intersects 44.3 Metres of 1.76% Copper Equivalent...
10/15/2013(Seel)Intersects 44.3 Metres Of 1.76% Copper Equivalent Within A L...
10/9/2013Receives Final Assays For Ox And Summarizes The 2013 Ox Dril...
9/23/2013Continues To Intersect High Grade At Ox With 103.3 Metres Of...
9/12/2013Adds A Second Drill To The Ootsa Project Receives Letter Of ...
9/3/2013Mid=2DDay Breaking News From Cub Energy and Gold Reach Resou...
9/3/2013Induced Polarization Geophysical Surveying Set To Commence A...
7/18/2013Intersect 359.4 Metres Of 0.41% Copper Equivalent Including...
7/16/2013Hits More High Grade At Ox Hole Ox13-63 Intersects 52.8 Metr...
7/10/2013Continues to Intersect Strong Mineralization at Ox Including...
7/8/2013Gold Reach Continues to Intersect Strong Mineralization at O...
7/8/2013Continues to Intersect Strong Mineralization at Ox Including...
6/27/2013Gold Reach Continues to Intersect High Grade Near Surface Mi...
6/27/2013Continues To Intersect High Grade Near Surface Mineralizatio...
6/12/2013Within Huckleberry's Reach: Gold Reach's Ootsa Project Prese...
6/10/2013Intersects High Grade Near Surface Mineralization at Ox Incl...
6/10/2013Gold Reach Intersects High Grade Near Surface Mineralization...
5/27/2013Announces Drilling Has Started At The Ootsa Property
5/1/2013Identifies New Expansion Potential At The Ox Deposit And Pro...
4/10/2013Mid-Day Breaking News From Gold Reach and Tajiri Resources
2/12/2013Gold Reach (GRV) Announces A 227% Increase In Resources At O...
2/11/2013Gold Reach (GRV) Announces a 227% Increase in Resources at O...
1/29/2013Gold Reach (GRV) Announces A 141% Increase In Indicated And ...
1/29/2013Gold Reach (GRV) Announces a 141% Increase in Indicated and ...
1/29/2013Gold Reach (GRV) Announces A 141% Increase In Indicated And ...
1/10/2013Gold Reach Expands the West Seel Deposit to Over 800 Metres ...
12/18/2012Gold Reach Intersects 354 Metres Grading 0.58% Copper Equiva...
11/12/2012Gold Reach Intersects High Grade Silver Vein at Ox Returning...
11/5/2012Mid-Day Breaking News From Prophecy Platinum, Gold Reach, an...
8/16/2012Mid-Day Breaking News From Eagle Hill, Gold Reach, Anatolia,...
7/10/2012Gold Reach Intersects 817 Metres Grading 0.45% Copper Equiva...
9/9/2010(Auro)Geophysics Commence at Auro Project
9/29/2008(Seel)Announces Indicated and Inferred Mineral Resource on the 100...
7/29/2008(Seel)Start 6000m Spring Drill Program at Seel and Ox Lake Propert...
7/29/2008(Seel)Provides Exploration Update
7/29/2008(Seel)drills 57.50 m of 0.67% Cu, 0.077g/t Au, 22.2g/t Ag, at Seel
5/27/2008(Seel)drills 100m of 0.497% copper and 0.43 g/t gold at Seel
2/5/2008Announces 16.1 Million Tonnes at Ox Lake
10/2/2007(Seel)Wardrop Engineering Performs Due Diligence on Seel and Ox La...
8/13/2007(Ox Lake)Summer 2007 Exploration Update on Seel and Ox Lake Projects
7/20/2007(Seel)Commences Drill Program on Seel and Ox Lake Projects
4/2/2007(Ox Lake)Announces Results of Drill Program on Ox Lake Claims
3/13/2007(Ox Lake)Completes Phase 1 Drill Program on Ox Lake Claims
2/12/2007(Ox Lake)Commences Drilling on Ox Lake
1/4/2007(Ox Lake)Acquires Ox Lake Mineral Property
Corporate news of Gold Reach Resources Ltd
7/20/2016Gold Reach Announces Completion of $700,000 Non Brokered Pri...
7/13/2016Gold Reach Resources Ltd. Increases Non-Brokered Private Pla...
2/10/2016/R E P E A T -- Gold Reach Resources Announces Positive Prel...
2/9/2016IIROC Trade Resumption - GRV
2/9/2016Gold Reach Resources Announces Positive Preliminary Economic...
2/9/2016IIROC Trading Halt - GRV
2/3/2016Gold Reach Resources announces new Chairman
1/28/2016IIROC Trading Resumption - GRV
1/28/2016Gold Reach Resources Ltd. announces delay in news release
1/27/2016IIROC Trading Halt - GRV
9/30/2015Gold Reach Resources Commences Preliminary Economic Assessme...
5/14/2015Gold Reach Announces Completion Of $512,500 Non Brokered Pri...
1/5/2015Gold Reach Provides 2014 Exploration Summary and Announces F...
11/24/2014Gold Reach acquires another high grade gold silver prospect ...
10/14/2014Gold Reach Intersects 668 Metres Grading 0.56% Copper Equiva...
9/30/2014Gold Reach intersects high grade at West Seel with 160 metre...
9/2/2014Gold Reach intersects 73 metres of 0.96% copper equivalent w...
8/27/2014Gold Reach Resources to broadcast Annual General and Special...
7/30/2014Gold Reach Receives $1.85 Million Refundable Tax Credit
7/25/2014Gold Reach adopts new Shareholder Rights Plan
2/18/2014Gold Reach Announces an 87% Increase in Global M&I Resources...
2/18/2014(Seel)Announces An 87% Increase In Global M&I Resources At The See...
1/16/2014Mid=2DDay Breaking News from Gold Reach=2C Ecuador Gold & Co...
1/16/2014(Seel)Drills 143.5 Metres Of 0.87% Copper Equivalent Including 83....
1/6/2014Gold Reach Drills 186.2 Metres of 0.78% Copper Equivalent In...
1/6/2014(Seel)Drills 186.2 Metres Of 0.78% Copper Equivalent Including 82....
12/19/2013Mid=2DDay Breaking News from Gold Reach=2C Eagle Hill=2C Alp...
12/19/2013(Seel)Drills 118 Metres of 0.65% Copper Equivalent at East Seel an...
12/17/2013Enters Into Communications & Engagement Agreement With The O...
12/3/2013Seabridge Gold Reaches Agreement to Sell Grassy Mountain NPI...
11/4/2013Gold Reach Drills 92.4 Metres of 0.76% Copper Equivalent at ...
11/4/2013(Seel)Drills 92.4 Metres Of 0.76% Copper Equivalent At East Seel A...
10/17/2013Reports Geophysical Survey Results For The Ootsa Project Dri...
10/7/2013Intersects 274.9 Metres Of 0.48% Copper Equivalent And 31.3...
9/30/2013Intersects 115 Metres Of 0.56% Copper Equivalent Including 1...
9/17/2013Intersects 89 Metres Of 0.50% Copper Equivalent Including 56...
9/10/2013Intersects 101.2 Metres Of 0.53% Copper Equivalent Including...
9/5/2013Intersects 124.4 Metres Of 0.56% Copper Equivalent Within 2...
8/13/2013Intersects 227.7 Metres Of 0.52% Copper Equivalent Includin...
8/7/2013IAMGOLD reaches agreement with Republic of Suriname to suppo...
8/7/2013Hole Ox13-77 Intersects 148.2 Metres Grading 0.55% Copper Eq...
7/23/2013Intersects 260.2 Metres of 0.46% Copper Equivalent and 21.6 ...
6/24/2013Mid-Day Breaking News From Alpha Minerals and Gold Reach
6/10/2013Extends Warrants
5/27/2013Mid-Day Breaking News From Skyharbour, Gold Reach, and Black...
5/1/2013Mid-Day Breaking News From Focus Ventures and Gold Reach
2/19/2013Mid-Day Breaking News From Gold Reach, Northern Vertex, Inte...
1/24/2013Gold Reach Signs Letter of Understanding with Cheslatta Carr...
1/24/2013Gold Reach Signs Letter Of Understanding With Cheslatta Carr...
1/16/2013Mid-Day Breaking News From Gold Reach, El Nino, Focus, Sunse...
1/16/2013Gold Reach Further Expands The West Seel Deposit Initiates R...
1/4/2013Mid-Day Breaking News From Gold Reach and Intertainment Medi...
12/18/2012Mid-Day Breaking News From Gold Reach and Eagle Star
11/27/2012Mid-Day Breaking News From Gold Reach, CanAm, and Pacific Th...
11/15/2012Mid-Day Breaking News From Orvana, Eagle Hill, Gold Reach, I...
10/15/2012Mid-Day Breaking News From Balmoral, Prophecy Platinum, Gold...
10/9/2012Mid-Day Breaking News From Gold Reach and TomaGold
9/26/2012Mid-Day Breaking News From Gold Reach, Northern Vertex, and ...
9/17/2012Mid-Day Breaking News From Gold Reach and Great Atlantic
9/4/2012Mid-Day Breaking News From Gold Reach, TomaGold, and Canada ...
3/22/2012(Auro)Sells Auro And Auro South For $6 Million Cash And Retains A ...
12/5/2011Gold Reach Announces Significant New Cu-Au Discovery Interse...
9/12/2011Cresval is Drilling and Gold Reach Hits Long Intercept
3/1/2011(Auro)Identifies Multiple Drill Targets on Auro Property
11/17/2010Ootsa Lake enters LOU with Cheslatta
11/8/2010Applies for Drill Permits at Auro
4/22/2010Starts Exploration Program On Auro Property.
4/12/2010Plans Extensive Exploration Program On Auro Property
7/29/2008Calls Grayd Resources on Buy Back Option
1/10/2007Doubles Land Holdings
Comment this article
>Follow all commentairies
You must be logged in to comment an article8000 characters max.
Log in or Sign up
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (GRV.V)
0.090-18.18%
TSX-V
CA$ 0.090
10/30 15:18 -0.020
-18.18%
Prev close Open
0.110 0.110
Low High
0.090 0.120
Year l/h YTD var.
0.090 -  0.160 -35.71%
52 week l/h 52 week var.
0.090 -  0.160 -18.18%
Volume 1 month var.
62,000 -21.74%
24hGold TrendPower© : -9
Produces
Develops
Explores for Copper - Gold - Molybdenum - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/25/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2017-35.71%0.160.11
201640.00%0.250.08
2015-54.55%0.500.09
2014-77.08%1.290.19
2013-22.58%1.650.75
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.19-2.56%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 4.58+1.78%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 3.57+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 2.88+3.05%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.18+6.06%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.66+1.54%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 2.05+3.02%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 4.10-3.53%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.16+10.71%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.90-2.36%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 4.58-0.33%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 10.14+3.00%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.08+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 1.07+5.94%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 0.55+5.77%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 38.02+2.81%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.16+0.00%Trend Power :