GGL Resources Corp.: Emerick Terminates Option on Northwest Territories Property and Private Placement Financing

GGL Resources Corp. (TSX VENTURE:GGL) has been informed that due to current
market conditions, Emerick Resources Corp. has terminated the proposed
transaction whereby it was granted the option to earn a 75% interest in the
Providence Greenstone Belt Project located in the Northwest Territories (see new
release of August 4, 2011). The planned private placement to raise funds for
this transaction is also not proceeding.


GGL now again has 100 % ownership of the Providence Greenstone Belt and the
diamond claims all located in the NT, as well as 100 % ownership of the
McConnell Gold and Copper-Gold property in BC.


These very compelling and strong assets will allow the Company to proceed to
attract the capital and/or partners required to move forward.


GGL RESOURCES CORP.

Raymond A. Hrkac, President & CEO

GGL Resources (TSXV:GGL)
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