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GOLD-SILVER PROJECT.

Glamis Gold (based in Reno, Nev.), announced Nov. 11 that its Board of Directors has given formal approval to proceed with final design and construction of the Marlin gold and silver project in Guatemala. The Marlin project will be developed as a combination

open pit and underground mine with commercial production slated for the first quarter of 2006. Glamis previously announced the receipt of the Resolution approving the Environmental Impact Assessment for Marlin and expects to receive the key Exploitation License as early as mid-December of this year, said Kevin McArthur, President/CEO. The approved plan calls for mining of 2.5 million ounces of gold over a ten-year mine life, and the deposit remains open to the west and at depth, he said. Details: Glamis Gold Ltd. Michael A. Steeves, 775-827-4600 Ext. 3104. Website: www.glamis.com. Email: michaels@glamis.com

Copyright 2003

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