GFG Resources pursuant to the Company's annual executive compensation program, the Company announced that it has granted stock options to directors, officers, employees and senior consultants to purchase up to an aggregate of 2,469,118 common shares of the Company. The stock options have various vesting periods and are exercisable for a period of [...]
GFG Resources Inc. reports new assay results from three drill holes that have intersected multiple zones of significant gold mineralization at the Montclerg Gold Project , located 48 kilometres east of the prolific Timmins Gold District in Ontario, Canada . During the fourth quarter of 2021, the Company drilled a total of 3,210 metres from 14 holes [...]
GFG Resources Inc. announces that it has received assays from the first hole from its 2021 Phase 1 drill program at the Montclerg Gold Project . The hole returned both high grade and bulk tonnage intercepts from the MC Central Panel at Montclerg . In 2022, the Company is planning to drill approximately 10,000 metres at Montclerg with a first phase [...]
GFG Resources Inc. announces that it has closed the oversubscribed, private placement financing for gross proceeds of C$3,114,653. Pursuant to the Offering, the Company issued 6,501,514 units of the Company at a price of C$0.145 per Unit for gross proceeds of C$942,719 ; 6,261,676 common shares of the Company that will qualify as "flow-through [...]
GFG Resources Inc. announces a private placement to raise gross proceeds of up to C$3.0 million . The Offering will consist of any combination of units of the Company at a price of C$0.145 per Unit; common shares of the Company that will qualify as "flow-through shares" for the purposes of the Income Tax Act at a price of C$0.17 per FT Share; and [...]
GFG Resources Inc. announces that it has initiated its Phase 1 3,000 metre drill program testing bulk tonnage and high-grade vein targets at its Montclerg Gold Project . Drilling is anticipated to continue into December, with planning in progress for a more extensive H1 2022 program. The Montclerg Gold Project is located 48 kilometres east of the [...]
GFG Resources Inc. announces that the Company has completed its initial obligations pursuant to its previously announced definitive agreement with International Explorers and Prospectors Inc. to acquire a 100% interest in the Montclerg Gold Project . Under the terms of the Agreement, GFG has the right to acquire 100% of the Project by completing a [...]
GFG Resources Inc. is pleased to announce that it has entered into a definitive agreement with International Explorers and Prospectors Inc. to acquire a 100% interest in the Montclerg Gold Project . The Montclerg Gold Project is located 48 kilometres east of the prolific Timmins Gold Camp and is surrounded by multiple current and historic gold [...]
GFG Resources Inc. is pleased to announce that it has closed the previously announced option and earn-in agreement with Group 11 Technologies Inc. , a privately-owned corporation, to advance GFG's Rattlesnake Hills Gold Project in Wyoming, United States . Under the terms of the Agreement, Group 11 has the right to acquire, in multiple stages, up to [...]
GFG Resources Inc. reports the initial drill results from its recently completed 5,800 metre , Phase 1 2021 drill program at its 100% owned Pen Gold Project located west of the prolific Timmins Gold District in Ontario. During its Phase 1 drill program, the Company completed a total of 17 holes at the Slate Rock, R66, Boundary, Keith South and [...]
GFG Resources Inc. provides an update on its on-going exploration program at its 100% owned Pen Gold Project in Ontario, Canada. The Pen Gold Project is located approximately 40 km west of the prolific Timmins Gold District in Ontario. The contiguous land package, one of the largest in the region, consists of approximately 475 square km and is [...]
GFG Resources Inc. is pleased to announce that it has signed an option and earn-in agreement with Group 11 Technologies Inc. , a privately-owned corporation, to advance GFG's Rattlesnake Hills Gold Project in Wyoming, United States. Under the terms of the Agreement, Group 11 has the right to acquire, in multiple stages, up to 70% of the Project by [...]
