FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of January 2006
Commission File Number: 001-31819
Gold Reserve Inc.
(Exact name of registrant as specified in its charter)
926 W. Sprague Avenue, Suite 200
Spokane, Washington 99201
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F _____
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-____________
Filed with this Form 6-K are the following, which are incorporated herein by
reference:
99.1 Press Release
January 4, 2006
GOLD RESERVE RECEIVES PERMITS FOR DETAILED ENGINEERING
ACTIVITIES ON THE BRISAS PROJECT
Certain statements included herein, including those that express management's
expectations or estimates of our future performance, constitute "forward
looking statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995. Forward looking statements are
necessarily based upon a number of estimates and assumptions that, while
considered reasonable by management are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
We caution that such forward-looking statements involve known and unknown
risks, uncertainties and other risk factors that may cause the actual
financial results, performance, or achievements of Gold Reserve to be
materially different from our estimated future results, performance, or
achievements expressed or implied by those forward looking statements. These
are discussed in greater detail in Gold Reserve's filings with the U.S.
Securities and Exchange Commission at www.sec.gov and the Annual Information
Form and other reports filed with Canadian provincial securities commissions
at www.sedar.com . Gold Reserve expressly disclaims any intention or
obligation to update or revise any forward looking statement whether as a
result of new information, events or otherwise.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Gold Reserve Inc.
(Registrant)
Date: January 4, 2006
By: s/ Robert A. McGuinness
Name: Robert A. McGuinness
Title: Vice President - Finance & CFO
EXHIBIT INDEX
99.1 Press Release
GOLD RESERVE RECEIVES PERMITS FOR DETAILED ENGINEERING
ACTIVITIES ON THE BRISAS PROJECT
January 4, 2006 NR 06-01
Gold Reserve Inc. (TSX:GRZ) (AMEX:GRZ) today announced that
the Government of Venezuela, through its Ministry of Environment
and Natural Resources (MARN), granted its subsidiary Compania
Aurifera Brisas del Cuyuni, C.A., operator of the Brisas Project,
additional permits for the Company's continuing detailed
engineering activities related to the development of the Brisas
gold/copper project.
The permits are for geotechnical drilling to support detailed
engineering work related to pit slope analysis, crusher design,
process facility design, tailing dam design, and overall site
development for the Brisas Project, which is anticipated to
utilize conventional open pit mining methods with the processing
of ore at full production of 70,000 tonnes per day, yielding an
average annual production of 486,000 ounces of gold and 63
million pounds of copper over an estimated mine life of
approximately 18 years.
Doug Belanger, President, stated, "We are pleased to receive
these permits from the government allowing for the continued
development of the Brisas Project in anticipation of the final
permitting for construction."
Gold Reserve Inc. is a Canadian company, which holds the rights
to the Brisas gold/copper Project and the Choco 5 gold exploration
property in Bolivar State, Venezuela. The Brisas Project is
estimated to have proven and probable reserves of 10.1 million
ounces of gold and 1.29 billion pounds of copper contained in 446
million tonnes with an average grade of 0.70 grams per tonne gold
and 0.13% copper. The qualified person involved in the review and
evaluation of the reserve estimates contained herein was Daniel M.
Thompson, Manager - Technical Services for Gold Reserve.
Construction of the Brisas Project is expected to commence upon the
issuance of the construction permit by the Ministry of Environment
and Natural Resources and securing sufficient debt and equity
funding.
Certain statements included herein, including those that express
management's expectations or estimates of our future performance,
constitute "forward looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995.
Forward looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management are inherently subject to significant business,
economic and competitive uncertainties and contingencies. We
caution that such forward-looking statements involve known and
unknown risks, uncertainties and other risk factors that may
cause the actual financial results, performance, or achievements
of Gold Reserve to be materially different from our estimated
future results, performance, or achievements expressed or implied
by those forward looking statements. These are discussed in
greater detail in Gold Reserve's filings with the U.S. Securities
and Exchange Commission at www.sec.gov and the Annual Information
Form and other reports filed with Canadian provincial securities
commissions at www.sedar.com. Gold Reserve expressly disclaims
any intention or obligation to update or revise any forward
looking statement whether as a result of new information, events
or otherwise.
FOR FURTHER INFORMATION:
Internet - www.goldreserveinc.com
A. Douglas Belanger, President
926 W. Sprague Ave., Suite 200
Spokane, WA 99201 USA
Tel. (509) 623-1500
Fax (509) 623-1634