reports
GFG Expands Aljo Gold System, Outlines Next Drill Program and Steps Up...
GFG Expands Aljo Gold System, Outlines Next Drill Program and Steps Up Regional Exploration SASKATOON, Saskatchewan, July 24, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) (“GFG” or the “Company”) reports the final assay results from the 12-hole (2,600 metre) Phase 1 2025 drill program at the Aljo Gold Project (“Aljo”), located on the Company’s Goldarm Property (“Goldarm”) in the prolific Timmins Gold District of Ontario, Canada (See Figures 1 and 2). Drilling successfully extended high-grade gold mineralization in the Hangingwall (“HW”) and Main Zones, confirm...
GFG Receives C$200,000 Grant from the Ontario Junior Exploration Progr...
GFG Receives C$200,000 Grant from the Ontario Junior Exploration Program SASKATOON, Saskatchewan, July 09, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce it has been awarded funding from the Ontario Junior Exploration Program (“OJEP”) in support of its 2025 exploration activities at its projects located in the Timmins Gold District of Ontario. Under the terms of the program, GFG has received C$200,000 in matching funds to offset eligible exploration expenditures, including drilling, geophysical surveys, and base-of-t...
GFG Announces Encouraging Phase 1 Drill Results from Pen Gold Project,...
GFG Announces Encouraging Phase 1 Drill Results from Pen Gold Project, Ontario Gold and base metals mineralization intersected at multiple targets; exploration budget increased to support aggressive H2 program KEY HIGHLIGHTS: Chabot Target: 3.90 grams of gold per tonne (“g/t Au”) over 3.5 metres (“m”), including 9.62 g/t Au over 1 m near surface (PEN-25-100); second zone returned 2.6 g/t Au over 1.3 m with over 1% zinc (1).Alpha Target (Muskego North Shear Zone): 1.00 g/t Au over 1.0 m (MSK-25-004), confirming the down-dip extension of a 2022 bedrock sample that graded 5.18 g/t Au.Foxtro...
GFG Discovers New Gold Zone in Footwall and Extends Mineralization to ...
GFG Discovers New Gold Zone in Footwall and Extends Mineralization to Near-Surface at Aljo Gold Project, Timmins, ON KEY HIGHLIGHTS: ALJ-24-019 intersected multiple high-grade intervals relating to the Hangingwall (“HW”), Main and newly expanded Footwall (“FW”) Zones. HW Zone returned 4.39 grams of gold per tonne (“g/t Au”) over 3.4 metres (“m”), 7.76 g/t Au over 1.5 m and 5.24 g/t over 1.0 m extending the zone to near-surface.Main Zone returned numerous visible-gold bearing, stacked vein sets, confirming continuity. New FW Zone hosted in strongly-altered basalt associated ...
GFG Closes Oversubscribed Financing
GFG Closes Oversubscribed Financing NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, May 02, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed its private placement financing (the “Offering”) for gross proceeds of C$3,000,000. In connection with the Offering, Alamos Gold Inc. (“Alamos”) (TSX: AGI; NYSE: AGI) purchased securities and will hold a 10.8% interest in the Company. Brian Skanderbeg, President and CEO of GFG commented, “This successful financing, along with the continued suppor...
GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreeme...
GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreement SASKATOON, Saskatchewan, April 14, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has issued shares pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG can acquire a 100% interest of the WWCC Property, located 40 kilometres east of Timmins, Ontario (see news release: “ Pursuant to the Agreement, GFG issued a total of 1,334,757 common shares of the Company to I...
GFG Upsizes and Amends Previously Announced Flow-Through Private Place...
GFG Upsizes and Amends Previously Announced Flow-Through Private Placement SASKATOON, Saskatchewan, April 11, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has increased and amended its previously announced private placement ("Offering"). The Company has decided to increase the Offering to C$3.0 million and amend the sale of premium flow-through units ("Premium Units") to provide that each Premium Unit will now consist of one common share of the Company and one whole share purchase warrant (a “Warrant”), with each Warrant...
GFG Announces C$2.5 Million Flow-Through Private Placement
GFG Announces C$2.5 Million Flow-Through Private Placement SASKATOON, Saskatchewan, April 03, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement of premium flow-through units ("Premium Units") to raise gross proceeds of up to C$2.5 million (the “Offering”). As part of the Offering, the Company is pleased to announce that Alamos Gold Inc. (TSX: AGI; NYSE: AGI) has committed to purchase securities in the Offering to maintain their position at a 10.8% interest in the Company upon completion of the Offering. Brian Ska...
GFG Acquires Claims at Pen Gold Project and Provides Corporate Update
GFG Acquires Claims at Pen Gold Project and Provides Corporate Update SASKATOON, Saskatchewan, March 21, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has acquired strategic claims within the Company’s Pen Gold Project located west of Timmins, ON. The Company paid a total purchase price of C$4,500 to acquire a 100% ownership of the claims. In addition, and pursuant to the Company’s annual executive compensation program, the Company announces that it has granted stock options to directors and officers to purchase up to an aggregate of 3,8...
GFG Drills High-Grade Gold at Aljo including 6.62 g/t Gold over 11.2 m...
GFG Drills High-Grade Gold at Aljo including 6.62 g/t Gold over 11.2 m Confirms Continuity and Expands HW Zone at Depth KEY HIGHLIGHTS: ALJ-24-020 intersected multiple high-grade intervals returning 32.70 grams of gold per tonne (“g/t Au”) over 0.5 metres (“m”) and 6.62 g/t Au over 11.2 m including 7.24 g/t Au over 10.2 m.ALJ-24-017 returned a broad gold zone near-surface in the Hangingwall (“HW”) Zone of 1.74 g/t Au over 13.2 m including 24.20 g/t Au over 0.5 m, and expanded the Footwall (“FW”) Zones down to 430 m with 1.51 g/t Au over 5.2 m including 4.68 g/t Au over 1.5 m. ALJ-24-018 ...
GFG Signs Exploration Agreement with Apitipi Anicinapek Nation
GFG Signs Exploration Agreement with Apitipi Anicinapek Nation SASKATOON, Saskatchewan, March 06, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce that it has entered into an Exploration Agreement (“EA”) with Apitipi Anicinapek Nation (“AAN”) with respect to the Company’s Goldarm Property (“Goldarm” or the “Project”) located in the world-class Timmins Gold District of Ontario, Canada. The EA sets the stage for continuous consultation with AAN, providing the community with the chance to engage in the Project through empl...
GFG Closes Sale of its Rattlesnake Hills Gold Project with Patriot Gol...
GFG Closes Sale of its Rattlesnake Hills Gold Project with Patriot Gold SASKATOON, Saskatchewan, Dec. 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the closing of the sale (the “Transaction”) of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”) a wholly owned subsidiary of Axcap Ventures Inc. (“Axcap”). Under the terms of the Transaction, Patriot will pay GFG an aggregate consideration of approximately C$3.3 million. “We are pleased to finalize the sale of our Rattlesnake H...
GFG Announces Proceeds of C$3.7 Million from Warrant Exercise Accelera...
GFG Announces Proceeds of C$3.7 Million from Warrant Exercise Accelerates Exploration Programs in Timmins NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, Dec. 11, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has received total proceeds of C$3,712,528 million from the exercise of 28,557,907 common share purchase warrants (“Warrants”) of the Company, which expired December 9, 2024. The Warrants were originally issued on October 6, 2022, March 21, 2023 and April 19, 2024. In co...
GFG Discovers New Gold Zones at Aljo with up to 9.94 g/t Gold over 2.9...
GFG Discovers New Gold Zones at Aljo with up to 9.94 g/t Gold over 2.9 m and Initiates Aggressive Follow-up Drill Program KEY HIGHLIGHTS: ALJ-24-014 intersected three new high-grade intervals 200 metres (m) northwest of the Aljo mine, returning 9.94 grams of gold per tonne (“g/t Au”) over 2.9 m, 10.4 g/t Au over 0.7 m and 6.41 g/t Au over 1.1 m, confirming strong proximal discovery potential.ALJ-24-013 returned nine distinct vein intervals including 2.48 g/t Au over 1.3 m and 2.55 g/t Au over 1.5 m, extending the Main Zone 100 m to the southwest and confirming the stacked nature of the vei...
GFG Announces Warrant Acceleration
GFG Announces Warrant Acceleration NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, Nov. 07, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces today that it is electing to accelerate the expiry of outstanding share purchase warrants (“Warrants”) of the Company originally issued on October 6, 2022, March 21, 2023 and April 19, 2024. In connection with the acceleration of warrants, Alamos Gold Inc. (“Alamos”) (TSX: AGI; NYSE: AGI) has exercised 5,343,302 warrants for a total consideration...
GFG Resources Inc: 1 director
A director at GFG Resources Inc bought 400,000 shares at 0.135CAD and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
GFG Extends Gold Mineralization to Depth and Confirms Multiple High Gr...
GFG Extends Gold Mineralization to Depth and Confirms Multiple High Grade Vein Systems with 23.08 g/t Gold over 7.6 m at the Aljo Target - Main Zone KEY HIGHLIGHTS: Following the previously released intercept of 13.94 grams of gold per tonne (“g/t Au”) over 7.1 metres (“m”) GFG confirms second high-grade zone and deepest ever intercept in the Main Zone from the first hole of the H1 drill program at Aljo Mine Target (“Aljo”).Drilled the best intercept to-date at Aljo in hole ALJ-24-012 returning 23.08 g/t Au over 7.6 m with significant visible gold and tellurides.Demonstrates contin...
GFG Drills 13.94 g/t Gold over 7.1 metres with Significant Visible Gol...
GFG Drills 13.94 g/t Gold over 7.1 metres with Significant Visible Gold at the Aljo Mine Target (East of Timmins) KEY HIGHLIGHTS: Completed 1,700 metre (“m”) H1 drill program in 5 holes at the Aljo Mine Target (“Aljo”).Drilled the best intercept to-date at the Aljo Hanging wall (“HW”) Zone in hole ALJ-24-012 returning 13.94 grams per tonne gold (“g/t Au”) over 7.1 m with significant visible gold and tellurides.Assay results below 120 m depth from hole ALJ-24-012 remain outstanding with multiple other logged instances of visible gold beneath historic mine workings. Results are expected ...
GFG Signs Definitive Agreement with Patriot Gold to Sell its Rattlesna...
GFG Signs Definitive Agreement with Patriot Gold to Sell its Rattlesnake Hills Gold Project SASKATOON, Saskatchewan, Aug. 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the signing of a definitive agreement (the “Agreement”) for the sale of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”). Under the terms of the Agreement, Patriot will pay GFG an aggregate consideration of approximately C$3.3 million (the “Transaction”). GFG and Patriot had previously announced the signing o...
GFG Announces Updated Warrant Amendments
GFG Announces Updated Warrant Amendments NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, June 28, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it proposes to further amend the common share purchase warrants (“Warrants”) of the Company originally issued on October 6, 2022, March 21, 2023 and April 19, 2024 (the "Proposed Amendments"). An aggregate of 5,692,359 Warrants were issued on October 6, 2022; 12,379,150 Warrants were issued on March 21, 2023; and 12,561,345 Warrants were...
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