04/24/2019
SASKATOON, Saskatchewan, April 24, 2019 (GLOBE NEWSWIRE) - GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“ GFG ” or the “ Company ”) 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 (“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 square kilometres that includes the Dore Gold Project. Figure 1: Schematic map of the till sampling processes Till sampling results from the west block of the Pen Gold Project Till sampling results - east block of the Pen Gold Project Highlights: Follow-up sampling 200 metres (“m”) up-ice of the Slate Rock anomaly encountered a significant increase in gold grain counts, to 220 gold grains, of which 83% were pristine shaped, signaling the sample
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04/03/2019
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 (“PDFZ”) at the Crawford target in hole PEN-18-016 grading 21.26 grams of gold per tonne (“g/t Au”) over 1.7 metres (“m”), making it a priority target for additional work in 2019; High-grade intercept at the HGM target of 9.20 g/t Au over 0.9 m in hole PEN-18-013 which is located 400 m east of the Crawford target; At the Nib-Yellowknife target, PEN-18-017: 0.89 g/t Au over 7.0 m successfully intercepted multiple zones of mineralization with visible gold present, making it a priority target in future drill programs; and The 4,000 m Phase 1 2019 drill program at the Pen Gold Project is on-going with two drill rigs testing high priority targets in the Reeves, Slate Rock, Jehann and Deerfoot regions.
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02/27/2019
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, Deerfoot and Slate Rock regions (See Figure 2 and 3); Complete further regional till sampling with the objective to infill areas where gold anomalies have been outlined and to evaluate other gold-bearing corridors where no till sampling has been completed; Conduct a 50-line-kilometre IP survey over the new Jehann region where many significant gold-in-till anomalies have been identified in an area that hosts multiple splays of the Destor-Porcupine Fault Zone (“DPFZ”); and 2018 Drill Results: Initial six holes released while the remaining 13 holes are pending
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01/17/2019
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 (“m”) west of historic drilling at the Sewell prospect with PEN-18-001: 3.57 grams per tonne of gold (“g/t Au”) 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 over 0.75 m; Confirmed high-grade gold mineralization at the Sewell prospect with hole PEN-18-015 that returned 33.77 g/t Au over 1.05, including 63.88 g/t Au over 0.55 m; The Company completed 19 holes (4,744 m) with 13 holes pending assay results; and The 2019 exploration program at the Pen Gold Project will ramp-up in early-February with a 4,000 m drill program focused on high priority targets including Reeves, Slate Rock, Jehann and Deerfoot. SASKATOON, Saskatchewan, Jan. 17, 2019 (GLOBE NEWSWIRE) - GFG Resources Inc. (TSX-V: GFG) (OTCQB:
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