GFG Expands Aljo Gold System 150 m East with Step-Out Results of 7.23 g/t Au over 2.0 m as Discovery-Driven Exploration Advances Across Goldarm

Core Insights - GFG Resources Inc. has reported significant results from the final two drill holes of its Phase 2-2025 drill program at the Aljo Gold Project, indicating that gold mineralization extends beyond the known limits of the historic Aljo Gold Mine [1][2][4] Phase 2-2025 Program Overview - The Phase 2-2025 drill program aimed to confirm and expand gold mineralization across the Main, HW, and Footwall Zones, with successful infill and step-out drilling confirming continuity and expanding mineralization at depth [5][12] - New drill results from holes ALJ-25-037 and ALJ-25-038 demonstrate strong grade and structural continuity, expanding the Aljo gold system significantly [12][13] Drill Results - Hole ALJ-25-037 returned 1.23 g/t Au over 16.0 m, including a higher-grade core of 7.23 g/t Au over 2.0 m, marking the first significant high-grade gold mineralization in the HW Zone east of the diabase dyke [8][9] - Hole ALJ-25-038 intersected multiple stacked intervals, including 2.23 g/t Au over 5.3 m, confirming the extension of the Main Zone east of historical mine workings [11][12] System Growth and Future Plans - The results from the recent drilling support further expansion of the Aljo gold system, with plans for an aggressive follow-up drill program of over 6,000 m in 2026 [4][9] - The company is also advancing a district-scale exploration strategy across its Goldarm portfolio, including a 90-hole sonic drilling program and a 2,500 m diamond drilling campaign targeting priority corridors [15][20] Strategic Outlook - GFG's exploration strategy for 2026 reflects a commitment to capital deployment in the ground, leveraging its district-scale land position, and advancing multiple discovery opportunities in the Timmins Gold District [22][32] - The company is well-financed to execute its exploration plans, aiming for both near-term growth at Aljo and new discovery potential across the broader Goldarm and Pen properties [16][22]