GFG Closes Private Placement Financing
GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) has closed its private placement financing (see news release dated February 23, 2024) for gross proceeds of C$2,505,866. In connection with the Offering, Alamos Gold Inc. (TSX: AGI) …
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READ MOREApril 21, 2024
GFG Hits Multiple Veins with Visible Gold at Aljo and a New Footwall Zone Grading 13.35 g/t Gold over 3.6 Metres, East of Timmins, ON
KEY HIGHLIGHTS: Hole ALJ-23-004 returned broad zones of anomalous gold from surface to approximately 265 m downhole in mafic volcanics below the Aljo Mine workings along with high-grade zones with visible gold including: 3.65 grams …
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READ MOREFebruary 15, 2024
GFG Hits Multiple, Shallow Lenses at Montclerg Gold System including 12.8 Metres of 3.09 g/t Gold
KEY HIGHLIGHTS: Hole MTC-23-060 intercepted multiple near-surface lenses in the bulk tonnage MC Main Zone including 24.9 metres of 1.05 grams of gold per tonne and 41.8 m of 0.92 g/t Au at the Montclerg …
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READ MOREJanuary 17, 2024
GFG Significantly Expands Montclerg Gold System at Depth with 12.8 Metres of 4.79 g/t Gold from a 150-metre Step-Out Hole
KEY HIGHLIGHTS: Hole MTC-23-059, a 150-metre step-out hole down-dip, returned 4.79 grams of gold per tonne over 12.8 metres including 10.05 g/t Au over 4.3 m at the Montclerg Gold Project. Hole MTC-23-063 returned 3.38 …
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READ MOREDecember 5, 2023
GFG Drills 10.21 g/t Gold over 2.7 Metres from its Deepest Drill Intercept to Date at its Montclerg Gold Project Located in the Timmins Gold District
KEY HIGHLIGHTS: Hole MTC-23-057 returned the deepest high-grade Lower Footwall intercept to-date at the Montclerg Gold Project yielding 10.21 grams of gold per tonne over 2.7 m including 16.20 g/t Au over 1.5 metres from …
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READ MORESeptember 8, 2023
GFG Drills 9.97 g/t Gold over 8.1 Metres at its Montclerg Gold Project Located in the Timmins Gold District: Extending High-Grade Gold Mineralization at the MC Central Zone and Outlining New Gold Mineralization 1 km to the East
KEY HIGHLIGHTS: Drilling at the Montclerg Gold Project continues to return high-grade and bulk tonnage intercepts demonstrating continuity within an expanding gold system. Hole MTC-23-054 returned multiple gold zones with a highlight of: 9.97 grams …
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READ MOREJune 27, 2023
GFG Drills High-Grade Gold on First Drill Test at Aljo, Extends Montclerg 1 km East & Resumes Drilling in Timmins
KEY HIGHLIGHTS: First pass drilling at the Aljo Mine Target successfully returned high-grade gold intervals at shallow depths across multiple vein systems along with broader intervals of low-grade mineralization. ALJ-22-002: 3.03 grams per tonne gold …
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READ MOREApril 11, 2023
GFG Closes Oversubscribed Private Placement Financing
GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) has closed the oversubscribed, private placement financing (see news releases dated February 17, 2023 and March 2, 2023) for gross proceeds of C$4,199,578. In connection with the Offering, …
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READ MOREMarch 22, 2023
GFG Expands High-Grade Gold Mineralization at Montclerg including 8.46 g/t Gold over 5.0 Metres
KEY HIGHLIGHTS: New drill results from 8 holes continue to show strong continuity and extend high-grade gold mineralization of the Upper and Lower Footwall Zones at the Montclerg Gold Project. Hole MTC-22-036 returned near surface …
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READ MOREFebruary 8, 2023
GFG Drills Significant Gold Mineralization in Multiple Zones at Montclerg including 9.85 g/t Gold over 16.0 Metres
KEY HIGHLIGHTS: Drill results from the Montclerg Gold Project continue to intersect high-grade and bulk tonnage gold intercepts demonstrating continuity and a robust gold system. Hole MTC-22-035 returned multiple gold zones: 9.85 grams of gold …
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READ MOREJanuary 18, 2023
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