Highlights: Phase 1 2020 Drill program has commenced and is focussed on testing the HGM, Nib, Broadway and Slate Rock targets with approximately 3,500 metres; Hole PEN-19-40 intersected 2.29 g/t Au over 2.5 metres in initial drilling at the new Broadway target; and Hole PEN-19-041 intersected altered feldspar-porphyry at the Crawford target which [...]
GFG Resources Inc. , report assay results from the 2019 drill program at the Rattlesnake Hills Gold Project in Wyoming, United States that is managed by GFG under the option and earn-in agreement with Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Ltd. . The drill program, consisting of 3,900 metres of core drilling in three [...]
Highlights: Hole PEN-19-39 intersected stacked mineralized lenses at the HGM target highlighted by 7.53 g/t Au over 2.2 metres and 25.96 g/t Au over 1.0 metre ; Hole PEN-19-36 intersected two distinct mineralized intervals highlighted by 0.93 g/t Au over 7.4 metres ; Assays pending on four holes and portions of Hole PEN-19-39 from the 2019 Phase 2 [...]
GFG Resources Inc. is pleased to announce the results from its recently completed regional prospecting program which has successfully extended existing regional gold targets and outlined new highly prospective areas at its 100% owned Pen Gold Project in Ontario, Canada . The Project is located 40 kilometres west of the prolific Timmins Gold [...]
GFG Resources Inc. announces that it has resumed drilling at its 100% owned, district-scale, Pen Gold Project located 20 kilometres west of the prolific Timmins Gold District in Ontario. Over the next six months, the Company plans to drill approximately 6,500 metres of which approximately 2,500 metres will be completed before year-end 2019 and the [...]
GFG Resources Inc. and its partner, Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Ltd. , have completed the 2019 drill program at the Rattlesnake Hills Gold Project in Wyoming, United States. The drill program, consisting of 3,900 metres of core drilling in three holes, tested moderate to deep gold targets proximal to the [...]
The Stock Day Podcast welcomed GFG Resources Inc. , a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming. President and CEO of the Company, Brian Skanderbeg, joined Stock Day host Everett Jolly. Jolly began the interview by noting that the Company recently [...]
GFG Resources Inc. announces that it has closed the second and final tranche of the previously announced non-brokered private placement for gross proceeds of C$117,280. The total gross proceeds raised in the Offering was C$3,183,353. Pursuant to the closing of the second tranche of the Offering, the Company issued 610,000 units of the Company at a [...]
GFG Resources Inc. announces that it has closed the first tranche of the previously announced non-brokered private placement for gross proceeds of C$3,066,073 million. “We are grateful for the support and confidence from our existing and new shareholders in our unwavering and disciplined pursuit to deliver shareholder value through [...]
GFG Resources Inc. announces a non-brokered private placement to raise gross proceeds of up to C$3.7 million . The Offering will consist of any combination of units of the Company at a price of C$0.18 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$0.22 per FT [...]
GFG Resources Inc. announces the appointment of Mr. Brian Booth to the Board of Directors . Concurrently, Mr. Jonathan Awde has resigned from the Board to focus his efforts on other professional duties and business ventures. These changes are effective immediately. Mr. Patrick Downey, Chair of the Board, commented, “We thank Jon for his many [...]
Highlights: The drill program will consist of 5,000 to 6,000 metres in six to eight holes using two core drill rigs testing both brownfield and greenfield targets; The majority of the drill program, approximately 5,000 metres in four to six holes, will test moderate to deep gold targets below the North Stock deposit where historic deep drilling [...]