GFG Resources Inc. provides an update on the previously announced non-brokered private placement of flow-through common shares of the Company . The Company anticipates closing the financing consisting of the sale of approximately 5.5 million FT Shares at a price of C$0.29 per FT Share for gross proceeds of approximately C$1,500,000 on or about [...]
GFG Resources Inc. announces a non-brokered private placement to raise gross proceeds of up to C$2.0 million . The Offering will consist of the sale of up to 5.2 million Tranche A flow-through common shares of the Company at a price of C$0.29 per A FT Share and of up to 2.0 million Tranche B flow-through common shares of the Company at a price of [...]
GFG Resources Inc. and its partner, Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Ltd. , have elected to suspend the 2018 drill program due to deteriorating field conditions on its Rattlesnake Hills gold property. The Company completed approximately 1,000 metres of drilling in two drill holes. The drill holes did not reach [...]
GFG Resources Inc. has partnered with VRify Technology Inc. to provide investors and prospective investors a virtual tour of the Pen Gold Project and Renmark Financial Communications Inc. to support its communications and investor relations activities. VRify delivers cutting-edge technology to provide a platform that hosts virtual tours of global [...]
GFG Resources Inc. is pleased to announce that drilling has started at its 100% owned Pen Gold Project located within the western portion of the Abitibi greenstone belt west of Timmins, Ontario, Canada . Location of Pen & Dore Gold Projects 2018 Drill Targets: Deerfoot, Reeves & Jehann Key Highlights: Objective of the Phase 1 drill program is to [...]
GFG Resources Inc. has started its 2018 drilling program at its Rattlesnake Hills Gold Project in Wyoming, United States. The program will consist of approximately 3,000 metres and is fully funded by GFG’s partner, Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Ltd. , through its option and earn-in agreement . The drill [...]
GFG Resources Inc. confirms camp scale targets and outlines new highly prospective areas from its regional till sampling program at its 100% owned Pen Gold Project in Ontario, Canada. The Project, located 40 kilometres from the prolific Timmins Gold Camp, is a consolidated land package which consists of approximately 475 square kilometres. Since [...]
GFG Resources Inc. , at the request of IIROC, is providing additional disclosure relating to its September 11, 2018 news release titled “GFG Signs Option and Earn-In Agreement with Newcrest to Advance the Rattlesnake Hills Gold Project”. The Rattlesnake Hills Gold Project: The Rattlesnake Hills Gold Project is a district scale gold [...]
GFG Resources Inc. is pleased to announce that it has signed an option and earn-in agreement with Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Ltd. to advance GFG’s Rattlesnake Hills Gold Project in Wyoming, United States. Under the terms of the Agreement, Newcrest has the right to acquire, in multiple stages, up to [...]
SASKATOON, Saskatchewan, June 25, 2018 -- GFG Resources Inc. is pleased to announce that it has completed the acquisition of the Sewell Property from a subsidiary of Alamos Gold Inc. , in exchange for 390,930 GFG common shares. The Sewell Property is located 10 kilometres west of Tahoe Resources’ West Timmins Gold Mine and is contiguous to [...]
SASKATOON, Saskatchewan, June 01, 2018 -- GFG Resources Inc. is pleased to announce that it has entered into a purchase and sale agreement with Richmont Mines Inc. , a subsidiary of Alamos Gold Inc. , to acquire a 100% interest in the Sewell Property in exchange for 390,930 GFG common shares. The Sewell Property is located 10 kilometres west of [...]
SASKATOON, Saskatchewan, May 24, 2018 -- GFG Resources Inc. is pleased to announce that it has completed a high-resolution helicopter-borne magnetic survey over a large portion of the Pen Gold Project, located between Tahoe Resources’ West Timmins gold mine and Goldcorp’s Borden gold project. The new magnetic survey, combined with [...]