GFG Delivers Broad Gold Intercept of 1.01 g/t Au over 51.5 m including 6.36 g/t Au over 5.0 m and Advances Discovery Driven District-Scale Exploration at Goldarm
Globenewswire·2026-01-21 12:00

Core Insights - GFG Resources Inc. has reported significant progress in its Phase 2-2025 drill program at the Aljo Gold Project, confirming and expanding mineralization across multiple zones [1][2][4] Exploration Program - The Phase 2-2025 drill program consisted of 12 holes totaling 2,650 meters, aimed at confirming and expanding mineralization in the Main, Hangingwall (HW), and Footwall (FW) Zones [1][2] - Infill drilling confirmed continuity of high-grade gold mineralization in the Main and HW Zones, while deeper drilling expanded the FW system and discovered a new FW zone, FW4 [2][4] Results Highlights - Notable drill results include: - ALJ-25-036: 1.01 grams of gold per tonne (g/t Au) over 51.5 meters, including 6.36 g/t Au over 5.0 meters, indicating strong continuity below historical mine workings [6][20] - ALJ-25-035: 10.45 g/t Au over 2.1 meters, including 22.90 g/t Au over 0.9 meters, confirming the HW system remains open to the west [6][19] - ALJ-25-032: 3.68 g/t Au over 4.5 meters, including 17.40 g/t Au over 0.5 meters, with visible gold [6][15] Future Plans - The company is well-financed and plans to advance an aggressive exploration program in 2026, focusing on both the Aljo Gold Project and broader Goldarm Property [5][12] - The exploration strategy includes systematic diamond drilling, step-out testing, and a regional exploration program across priority corridors [5][8] Geological Insights - The drilling results indicate strong structural and grade continuity within the HW and Main Zones, with multiple intercepts associated with visible gold [13][26] - The FW system has been shown to be more extensive than previously recognized, with mineralization traced over a strike length approaching 200 meters [22][25] Regional Exploration - GFG is conducting a district-scale regional exploration program, including a 90-hole sonic drilling initiative focused on systematic base-of-till and top-of-bedrock sampling [8][9] - The regional exploration aims to evaluate gold potential across a ~15 km strike length of the Pipestone Fault and associated corridors [8][10]

GFG Delivers Broad Gold Intercept of 1.01 g/t Au over 51.5 m including 6.36 g/t Au over 5.0 m and Advances Discovery Driven District-Scale Exploration at Goldarm - Reportify