PGB Petroglobe

GGL Resources Corp. (TSX VENTURE:GGL) ("GGL"). Over the past few years, GGL has
acquired by staking a 100% interest in a 120 km by 30 km area of the Providence
Greenstone Belt ("PGB"). Greenstone belts are noted for their large base metal
and gold production. The discovery of nickel, copper-zinc-lead-silver-gold VMS,
and gold within the PGB confirms the potential of this greenstone belt. The
following is an update on the gold properties found to date within the GGL
claims.


Assays received after the 2007 exploration season confirmed GGL's first new gold
discovery within the PGB. Exploration efforts in 2008 and late 2009 have been
successful in identifying and expanding four gold-bearing zones. Two of these
zones are near the northern and southern boundaries of the large (120 x 30 km)
property and the other two are within 4 and 10 kilometres of the 20 man base
camp in the central property area. Three of the four gold showings are new
discoveries.


Ground geophysics and mapping were conducted at three of the gold zones in the
fall of 2009 under the direction of Aurora Geosciences Ltd. ("Aurora"), our
consultants. Aurora has now recommended drill programs and additional ground
geophysical surveys for each of the three zones.


To facilitate the exploration of the large (approximately 3600 square
kilometres) PGB property, the area was prioritized on the basis of geology and
geophysics into numbered zones. The three gold-bearing zones have now advanced
to the stage where they deserve proper property names.


KING JOHN: (Formerly Area 1 or Area 35)

The King John property, four kilometres south of GGL's base camp, was originally
identified in late 2007 following receipt of a 22.7 grams/tonne gold value from
a grab sample from mafic volcanics containing arsenopyrite. In 2008 additional
grab samples collected on trend 300 metres south included one assaying 27.8
grams/tonne. In 2009 prospecting located two grab samples assaying 4.35 and 1.35
grams/tonne 200 metres further south. The aforementioned three samples were
collected over a distance of 500 metres. The area beyond and between these three
samples is overburden covered and the entire zone is open along strike in both
directions.


A ground magnetic and VLF-EM geophysical survey was conducted in late 2009.
Shearing has been identified in most of the local outcrops which feature quartz,
arsenopyrite and a silicate iron formation. A VLF conductor was traced for 1.5
kilometres and the axial trace of the VLF conductor may actually be reflecting
the surface trace of the interpreted shear. The axial trace, which is obscured
by overburden cover, lies 20 to 30 metres west of the gold samples.


An even higher resolution ground magnetic and ohm mapper survey, along with a
first stage drill program has been recommended. Drilling success from this well
defined target could lead to a second stage drill definition program.


LORD CACHE: (Formerly Area 2, Area 8 or Area 1518)

The Lord Cache property, ten kilometres east of the GGL base camp, was targeted
for surface investigation in 2008 on the basis of a subtle magnetic high and a
coincident weak resistivity anomaly. A number of siliceous areas containing
arsenopyrite occur near a contact between mafic volcanics and turbidite
sediments. The original grab sample from this poorly exposed, till covered area
assayed +40 grams/tonne gold. (Visible gold is seen in a thin section from this
sample area.) Channel samples in the area of the high grade gold value returned
results ranging from 0.01 to 20 grams/tonne gold plus several percent arsenic.
Across a lake and 125 metres north of this gold area, a grab sample from a
siliceous exhalite assayed +5 grams/tonne gold. The area is highly prospective
for a structurally controlled gold zone at or near a mafic/sedimentary contact
but hosted within a highly siliceous exhalite horizon.


A limited VLF-EM survey has traced an anomalous zone northwesterly along the
north side of the lake. An extended high resolution ground magnetic and ohm
mapper survey, along with follow-up diamond drilling is proposed for late Spring
of 2010 to explore this property.


NOBLE COUNT: (Formerly Area 3 or 1006)

The Noble Count lies near the northern boundary of the GGL claims. The discovery
of high grade gold in float nearby a 20 to 40 metres wide banded iron formation
was made by Noranda some thirty years ago. As the area contains few rock
exposures Noranda traced the formation for over three kilometres by ground
geophysical surveys. Low gold values in the few rock exposures sampled led them
to abandon the claims prior to determining the source of the two high grade gold
samples.


Aurora confirmed the capability of ground geophysics in tracing the structure
hosting the gold values. A high resolution ground magnetic walk survey was
completed which documented significant folding and fault/shear structures. Two
grab samples from different outcrops in 2008 and in 2009 assayed 8 and 5.11
grams/tonne gold respectively. Aurora recommends a program of higher resolution
ground magnetic and ohm mapper surveying with a first phase drill program. They
concluded that the anomalous gold values associated with a sulfide-silicate iron
formation and the intense structural deformation is indicative of a highly
prospective gold environment.


The total first stage budget for the above three gold properties is $1.93
million. GGL is actively pursuing financing and joint ventures for the PGB.


The independent Qualified Persons for Company for the PGB project are Gary
Vivian, M.Sc., P.Geol., President of Aurora Geosciences Ltd. and N.C. Carter,
PhD., P.Eng., Consulting Geologist.


GGL RESOURCES CORP.

Raymond A. Hrkac, President & CEO

Forward-Looking Information: This news release contains "forward-looking
statements" and the cautions regarding such statements apply.

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