Positive Scoping Study At The Marigold Gold

摘要

Glamis Gold Ltd. reported a 27 percent increase in the Company's gold reserves to 6.3 million ounces as of December 31, 2003, and the completion of a positive scoping study at its Marigold mine in Nevada. The Company also announced a significant enhancement to its five-year operating plan and budget, details of its 2004 exploration program and 2003 operating results. Kevin Me Arthur, President and Chief Executive Officer of the Company said: "The past year saw the Company achieve several key milestones. We began construction of our El Sauzal project in Mexico, completed feasibility and permitting at our Marlin project in Guatemala and made important new discoveries at our Marigold mine in Nevada. As we successfully implement our new five-year plan, Glamis is poised to become a much larger and more profitable company."