SOURCE: GLR Resources

June 14, 2007 10:57 ET

Drilling Commences on Goldie Property

KIRKLAND LAKE, ON--(Marketwire - June 14, 2007) - GLR Resources Inc. (TSX: GRS) (FRANKFURT: GKF) ("GLR" or "the company") is pleased to report that drilling has now commenced on its Goldie Property located near Thunder Bay, Ontario.

As previously noted in a press release dated April 13, 2007, GLR has a 50% interest (with RJK Explorations Ltd. (TSX-V: RJX.A) holding the other 50%) in two properties west of Thunder Bay, Ontario in the Hemlo-Shebandowan greenstone belt.

The 1300-hectare Goldie property is located 50 kms west of Thunder Bay. A 2005 geophysical (IP) survey outlined several interesting conductors. Previous work on this property by GLR produced 1.73g/tonne Gold over 14.5 meters and 1.37g/tonne Gold over 12.4 meters.

A total of seven drill holes have now been completed with RJK Explorations acting as operator. Core samples have been submitted for assaying and results are pending.

GLR Resources will be attending the World Gold, PGM and Diamond Conference in Vancouver June 17-18, 2007 and will be at Booth #723. GLR President and CEO Robert Kasner will be present at the Booth to meet with shareholders and interested investors.

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.

About GLR

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. The most advanced project is the 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 late 2008. GLR trades on the TSX under the symbol GRS. More information is available on line at:

Contact Information

  • For further information please contact:

    Robert Kasner
    President & CEO
    T: 1.705.567.5351
    E: Email Contact

    Malcolm Bucholtz
    V.P. Investor Relations
    E: Email Contact


    P.O.Box 546, 4 Al Wende Avenue,
    Kirkland Lake, Ontario
    P2N 3J5
    Tel: (705) 567-5351
    Fax: (705) 567-5557
    e-mail: Email Contact
    Toronto Stock Exchange: GRS