Glimmer mine shuts down

Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) have suspended production at their Glimmer gold mine in northern Ontario.

The pair hopes to resume production in the near future, and, toward that end, financing negotiations, including for trades payable and diamond drilling, are ongoing. Exall holds a 52% ownership in the mine and was its operator. The remaining interest is held by Glimmer.