GGL Resources Corp. Secures Copper-Gold Projects in Yukon

GGL Resources Corp. has announced a two-staged option to acquire up to 100% interest in four mineral properties in Southwest Yukon from Strategic Metals Ltd. These properties include Hopper, Kluane, Batt, and Moraine, strategically located near vital infrastructure like roads, power, and ports. The properties host diverse deposit types, such as copper-gold porphyry and high-grade epithermal gold targets.

GGL aims to earn an initial 70% interest by December 2029 through issuing shares and investing $10 million in exploration. A further 30% can be obtained for an additional $3 million by March 2030. Strategic Metals will retain a 2% net smelter return royalty.

This acquisition is subject to shareholder approval, with a special meeting scheduled for August 31, 2026. The company's shares will also undergo consolidation, reducing the number of issued shares from 104 million to approximately 26 million.