Gold Reserves Limited GLR - TSE Message Board

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Gold/Mining/Energy : Gold Reserves Limited GLR - TSE

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To: Andrew G. who wrote (17)	10/29/1996 1:43:00 AM
From: Jason Marcotte	of 406

News Release out today at 3:15....................... FOR: GOLD RESERVE CORP. TSE SYMBOL: GLR NASDAQ SYMBOL: GLDR OCTOBER 28, 1996 Gold Reserve Advances To Next Stage In Brisas Hard Rock Rights SPOKANE, WASHINGTON--Gold Reserve Corp. (TSE - GLR; NASDAQ - GLDR) is pleased to announce that it has received official notification from the Venezuelan Ministry of Energy and Mines that the 30 day public comment period has ended with respect to the company's veta or hard rock rights application on the Brisas property in Southeastern Venezuela. No comments or opposition were filed regarding the application. As a result, the company will be submitting the official map of the concession to the Ministry relating to the location and legal description of the Brisas property. This is the next step in the procedure to grant the mineral rights to the gold, copper, and molybdenum on the Brisas property. Gold Reserve is exploring and developing the Brisas property in KM 88 in Southeastern Venezuela. Fax on Demand -- Current Company and Property Information 800/549-0673

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