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 contributions and strategic guidance in building GFG’s team and [...]
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 intersected 2.49 grams of gold per tonne over 22.9 metres; Greenfield targets [...]
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 hole hosting up to 2.50 g/t Au over 1.0 metre and a new lower zone that [...]
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 part of a consolidated, underexplored land package of approximately 680 [...]
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 first time on the Stock Day Podcast and then asked Skanderbeg to share some [...]
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 of gold per tonne over 1.7 metres , making it a priority target for [...]
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 in 13-15 drill holes testing six new targets in the Reeves, Jehann [...]
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, including 7.44 g/t Au over 1.85 m; 4.20 g/t Au over 1.00 m and 14.70 g/t Au [...]
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 proceeds of C$560,000. In combination with the placement of FT Shares at [...]
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 Offering will be used for exploration activities at the Company’s Pen [...]
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 December 21, 2018. The Company will be conducting the financing consisting of [...]
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 C$0.25 per B FT Share. Brian Skanderbeg, President and CEO commented [...]
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