WELLINGTON, NEW ZEALAND--(Marketwire -03/01/12)- New Zealand-based gold explorer Glass Earth Gold Limited ("Glass Earth Gold", or "the Company") (TSX-V: GEL.V - News)(NZAX: GEL.V - News) will be exhibiting at the PDAC 2012 International Convention, Trade Show and Investors Exchange Mining Show, from March 4th to March 7th at the Metro Toronto Convention Centre - South Building in Toronto, ON, Canada.
Glass Earth Gold encourages its shareholders and all interested parties to come by the booth # 2706 and learn more about its New Zealand projects and take this opportunity to speak with Simon Henderson, President and CEO, about Glass Earth Gold's results and exploration plans for 2012.
Sunday, March 4th: 10 am - 5:30 pm
Monday, March 5th: 10 am - 5:30 pm
Tuesday, March 6th: 10 am - 5:30 pm
Wednesday, March 7th: 9 am - 12:00 pm
Simon Henderson will also be a guest speaker at a cocktail function to celebrate New Zealand's participation at the PDAC conference this year, hosted by His Excellency Andrew Needs, New Zealand High Commissioner to Canada. The function will be held on Tuesday, March 6th 2012 from 6 pm to 8 pm ET, at the Intercontinental Hotel in Toronto. In order to attend this event, please rsvp to Olivia@chfir.com.
About Glass Earth Gold
Glass Earth Gold is one of New Zealand's largest gold exploration companies, with its experienced geological team exploring promising gold prospects across a land position of approximately 10,000 square kilometres, in both the North and South Islands. The company held a net cash position of C$3.6 M at the end of Q4 2011 to fund exploration progress.
In the North Island, exploration efforts are focused on large epithermal gold systems in the Hauraki Region, host to the 10 million ounce Martha Hill mine, (Newmont Mining).
In the Hauraki Region Glass Earth Gold has identified and developed significant ground positions around Newmont Mining's currently active Martha gold operations at Waihi. The Newmont-Glass Earth Gold Waihi West JV (Newmont earning in) and Hauraki JV (65/35), including drilling at the WKP discovery, is being actively explored and managed by Newmont in concert with Glass Earth Gold.
Glass Earth Gold has also defined several significant epithermal gold targets to independently explore in this region including the Muirs Reef project. Containing a historical resource of 390,000 oz (non NI 43-101-compliant, at 1.5 g/t Au and cut-off grade of 0.5 g/t Au), further drilling is being undertaken to prove up the resource.
In the South Island, exploration efforts are focused on the Otago Region, home to OceanaGold's 7 million ounce Macraes Goldfield, for identification of mesothermal "Macraes-style" gold targets and revenue generation through placer (alluvial) gold production.
For more information on Glass Earth Gold, please visit www.glassearthgold.com.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor New Zealand Exchange Limited has reviewed this release and neither accepts responsibility for the adequacy or accuracy of this release.
- New Zealand
- Newmont Mining
Glass Earth Gold Limited
President and Chief Executive Officer
+64 4 903 4980
CHF Investor Relations
Director of Operations
+1 416 868 1079 x 225
CHF Investor Relations
Associate Account Manager
+1 416 868 1079 x 238