Glamis Gold Ltd.
TSX : GLG
NYSE : GLG

Glamis Gold Ltd.

May 31, 2005 17:04 ET

Glamis Gold to Participate in Human Rights Forum

RENO, NEVADA--(CCNMatthews - May 31, 2005) - All amounts in US$

Glamis Gold Ltd. (TSX:GLG)(NYSE:GLG) announced that it will participate in a forum on June 1, 2005 entitled "Extractive Industries and Human Rights: Canadian Mining in Guatemala" at Concordia University in Montreal. The event will be held as part of Concordia University's Peace and Conflict Resolution Academic Series, in partnership with the Social Justice Committee. Glamis' representative on the panel discussion will be James Schenk, Sustainable Development Manager for the Company's activities in Guatemala. He will be joined on the panel by Bishop Alvaro Ramazzini, Diocese of San Marcos, Guatemala; Michael Swetye, Oil, Gas, Mining and Chemicals Department of International Finance Corporation (IFC); and Graham Saul, International Program Coordinator of Friends of the Earth Canada.

Glamis welcomes the opportunity to engage in constructive dialogue concerning the important social, environmental and community development programs that are being implemented in connection with the construction of its Marlin gold and silver mine in Guatemala. Working in partnership with the local communities, the Guatemalan government, NGOs and the IFC, Glamis anticipates that the Marlin mine will be a valuable contributor to the health and well-being of the local indigenous population, as well as to the Guatemalan economy as a whole.

Glamis is also pleased to announce that an all-Spanish language version of its website is now available. The new site contains all relevant information about the Company, its mines and projects, and can be accessed by clicking on the "Glamis en Espanol" link on the home page at http://www.glamis.com. The Company's presentation at the forum will also be available on its website.

Glamis Gold Ltd. is a premier intermediate gold producer with low-cost gold mines and development projects in Nevada, Mexico and Central America. Plans call for growth from 400,000 ounces of gold production in 2005 to over 700,000 ounces in 2007. The Company remains 100 percent unhedged.

Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, include, but are not limited to those with respect to, the price of gold, the estimation of mineral reserves and resources, the realization of mineral reserves estimates, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of new deposits, success of exploration activities, Glamis' hedging practices, permitting time lines, currency fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", or "does not expect", "is expected", "budget", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variation of such words and phrases or state that certain actions, events or results, "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Glamis to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual results of current exploration activities, actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, possible variations in ore grade or recovery rates, failure of plant, equipment or processes to operate as anticipated, accidents, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors discussed in the section entitled "Other Considerations" in the Glamis Annual Information Form. Although Glamis has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

email requests for investor packets to: info@glamis.com

email questions/correspondence to: michaels@glamis.com


Contact Information

  • Glamis Gold Ltd.
    Michael A. Steeves
    Vice President, Investor Relations
    (775) 827-4600 ext. 3104
    http://www.glamis.com
    or
    Montana Exploradora de Guatemala, S.A.
    Milton Saravia
    General Manager
    011/502-2385-6647