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 [...]
Highlights: Initial drilling at the Slate Rock target successfully outlined broad gold mineralization in hole PEN-19-025 grading 0.47 grams of gold per tonne over 25.3 metres, including 3.58 g/t Au over 1.0 metre; Follow-up drilling at the recent Crawford discovery confirmed several distinct styles of gold mineralization down-dip of the discovery [...]
GFG Resources Inc. is pleased to announce the results from its Phase 2 regional till sampling program which has successfully confirmed and extended 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 Camp and is [...]
Uptick Newswire 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, Brian Skanderbeg, joined Stock Day host Everett Jolly. Jolly began the interview by noting that this is the Company's [...]
Highlights: Pen Gold Project drill targets Deerfoot and Sewell Target Map Plan map of the Crawford and HGM targets Crawford cross section map Nib-Yellowknife plan map of 2018 drill results Core photo of new Crawford gold zone Discovered new gold zone along the Porcupine-Destor Fault Zone at the Crawford target in hole PEN-18-016 grading 21.26 grams [...]
Key Highlights: GFG Resources Inc. Pen & Dore Gold Projects Location Map 2019 Phase 1 Drill Targets at Reeves, Jehann & Deerfoot 2019 Phase 1 Drill Target at Slate Rock 2019 drill program to consist of approximately 8,000 metres in two phases at the Pen Gold Project; Initiated the 2019 Phase 1 drill program consisting of approximately 4,000 metres [...]
Highlights: Figure 1: Pen Gold Project Drill Targets Figure 2: Deerfoot and Sewell Target Map Figure 3: Sewell Plan Map Figure 4: Sewell Cross Section Core Photo of PEN-18-015 Intersected three distinct high-grade gold structures 50 metres west of historic drilling at the Sewell prospect with PEN-18-001: 3.57 grams per tonne of gold over 5.55 m [...]
Not for dissemination in the United States or through U.S. Newswires GFG Resources Inc. announces that it has closed the previously announced non-brokered private placement of flow-through common shares of the Company at a price of C$0.25 per FT Share . Pursuant to the Tranche B Offering, the Company issued a total of 2,213,439 FT Shares for gross [...]
GFG Resources Inc. announces that it has closed the previously announced non-brokered private placement of flow-through common shares of the Company at a price of C$0.29 per FT Share . Pursuant to the Tranche A Offering, the Company issued a total of 4,950,000 FT Shares for gross proceeds of C$1,435,500. Gross proceeds raised under the Tranche A [...]