GFG Resources Inc.
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GFG Grants Stock Options and Announces Upcoming Investor Conferences
Globenewswire· 2026-02-25 22:22
Core Viewpoint - GFG Resources Inc. has granted stock options to directors, officers, employees, and senior consultants, totaling 3,530,000 common shares at an exercise price of $0.145 per share, reflecting the closing price on February 17, 2026, with a five-year term from the grant date [1][2]. Company Overview - GFG Resources Inc. is a North American precious metals exploration company focused on large-scale gold projects in tier one mining jurisdictions, operating three gold projects in the Timmins gold district of Ontario, Canada, which has produced over 70 million ounces of gold [4]. Stock Options Details - The stock options granted are subject to various vesting provisions in accordance with the Company's Stock Option Plan and applicable TSX Venture Exchange policies [2]. Upcoming Investor Conferences - GFG will participate in several investor and industry conferences, including: - March 1–4, 2026: PDAC Convention in Toronto, Canada - March 18–19, 2026: Swiss Mining Institute Investor Conference in Zurich, Switzerland - May 11–12, 2026: 121 Mining Investment Conference in London, England - May 15–16, 2026: Deutsche Goldmesse Gold Show in Frankfurt, Germany - June 9–11, 2026: Timmins Mining Expo in Timmins, Canada - June 15–16, 2026: 121 Mining Investment Conference in New York, United States [3][7].
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
Globenewswire· 2026-02-10 11:50
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]
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
Globenewswire· 2026-02-10 11:50
Core Viewpoint - GFG Resources Inc. has reported significant results from its Phase 2-2025 drill program at the Aljo Gold Project, indicating that gold mineralization extends beyond historical mine limits, suggesting strong growth potential for the project [1][2][4]. Summary by Sections Drill Results - Holes ALJ-25-037 and ALJ-25-038 confirm that gold mineralization extends well beyond the known limits of the Aljo Gold Mine, materially expanding the footprint of the Aljo gold system [2][12]. - 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 of gold mineralization, including 2.23 g/t Au over 5.3 m, with a notable intercept of 13.30 g/t Au over 0.5 m [9][11]. Program Overview - The Phase 2-2025 drill program aimed to confirm and expand gold mineralization across the Main, HW, and Footwall Zones, successfully refining the geological model and extending mineralization at depth [5][19]. - The program included large step-out drilling to the east, testing potential extensions of the Aljo Gold System beyond historical mining limits [6]. System Growth and Future Plans - The results from the recent drill holes demonstrate strong grade and structural continuity, indicating the potential for further expansion of the Aljo gold system [12][13]. - GFG plans to conduct over 6,000 m of drilling in 2026, focusing on expanding the Main and HW Zones while advancing regional exploration across the Goldarm portfolio [4][16][22]. Strategic Outlook - GFG's exploration strategy for 2026 emphasizes capital deployment into the ground, leveraging its district-scale land position, and advancing multiple discovery opportunities in the Timmins Gold District [22][33]. - The company is well-financed to execute an aggressive exploration program aimed at both advancing Aljo toward resource-scale definition and unlocking new discoveries across its broader properties [16][22].
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 Receives Final Payment from the Sale of its Rattlesnake Hills Gold Project
Globenewswire· 2025-12-22 11:30
Core Insights - GFG Resources Inc. has completed the sale of its Rattlesnake Hills Gold Project to Roxmore Resources Inc. for a total cash payment of approximately C$3.3 million, with the final payment of C$1.0 million received on December 22, 2025 [1][6] Transaction Details - Roxmore has acquired 100% interest in the Rattlesnake Hills Gold Project, with cash payments structured as follows: C$250,000 upon signing the letter of intent, C$250,000 upon executing the definitive agreement, C$1,200,000 at closing, and C$1,000,000 on December 12, 2025 [6] - In addition to cash payments, GFG received 3,061,224 common shares of Roxmore valued at C$581,633 [6] - Roxmore has assumed environmental liability for the Project and replaced GFG's US$219,000 reclamation bond [6] - If a National Instrument 43-101 resource estimate reveals over 3,000,000 ounces of gold, Roxmore will pay GFG an additional C$1 per total mineral resource ounce [6] Company Overview - GFG Resources Inc. is a North American precious metals exploration company focused on large-scale gold projects in tier one mining jurisdictions [3] - The company operates three gold projects in the Timmins gold district of Ontario, Canada, which has produced over 70 million ounces of gold [3]
GFG Drills 1.05 g/t Au over 71.0 m including 7.51 g/t Au over 3.0 m at Aljo and Initiates Aggressive Regional Exploration Program at Goldarm
Globenewswire· 2025-11-27 12:09
SASKATOON, Saskatchewan, Nov. 27, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) (“GFG” or the “Company”) reports initial assay results from the 12-hole (2,650 metre) Phase 2-2025 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). GFG’s Phase 2-2025 drill program at Aljo was designed to confirm and expand key mineralized zones across the Main, Hangingwal ...
GFG Drills 1.05 g/t Au over 71.0 m including 7.51 g/t Au over 3.0 m at Aljo and Initiates Aggressive Regional Exploration Program at Goldarm
Globenewswire· 2025-11-27 12:09
SASKATOON, Saskatchewan, Nov. 27, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) (“GFG” or the “Company”) reports initial assay results from the 12-hole (2,650 metre) Phase 2-2025 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). GFG’s Phase 2-2025 drill program at Aljo was designed to confirm and expand key mineralized zones across the Main, Hangingwal ...
GFG Closes Final Tranche of Financing
Globenewswire· 2025-11-07 22:00
Core Points - GFG Resources Inc. has successfully closed the second and final tranche of its private placement financing, raising additional gross proceeds of C$1,581,773, bringing the total aggregate gross proceeds to C$4,119,677 from both tranches [1][2] Financing Details - In the second tranche, GFG issued 8,550,128 flow-through common shares at a price of C$0.185 per share [2] - The proceeds from the Offering will be allocated for exploration activities in Ontario, qualifying as "Canadian Exploration Expenses" under the Income Tax Act (Canada) [4] Regulatory Compliance - The FT Shares sold are issued under the Listed Issuer Financing Exemption and will not be subject to a hold period under Canadian securities laws, pending final approval from the TSX Venture Exchange [3] Related Party Transactions - Directors and/or officers of GFG purchased a total of 786,667 FT Shares in the second tranche, which is exempt from formal valuation and minority shareholder approval requirements [5] Finder's Fees - The Company paid cash finder's fees totaling C$25,529.42 in connection with the Offering [6] Company Overview - GFG Resources Inc. is focused on precious metals exploration, operating three gold projects in the Timmins gold district of Ontario, which has produced over 70 million ounces of gold [8]
GFG Closes First Tranche of Financing
Globenewswire· 2025-11-04 10:50
Core Viewpoint - GFG Resources Inc. has successfully closed the first tranche of its private placement financing, raising gross proceeds of C$2,537,904, with Alamos Gold Inc. acquiring an approximate 11.1% interest in the company [1][2]. Financing Details - GFG issued 11,411,438 premium flow-through units at a price of C$0.2224 per unit, which includes one common share and one-half of a share purchase warrant, with each warrant allowing the purchase of an additional common share at C$0.24 for 24 months [2]. - The offering is compliant with National Instrument 45-106, allowing the securities to be issued without a hold period under Canadian securities laws, pending final approval from the TSX Venture Exchange [3]. Related Party Transactions - Alamos purchased 2,211,438 units for C$353,830, increasing its total ownership to approximately 11.1% of GFG's common shares post-offering [4]. - Insiders of GFG, including directors and officers, purchased an aggregate of 2,406,250 Premium Units, exempt from formal valuation and minority shareholder approval requirements [5]. Additional Information - The company paid cash finder's fees totaling C$7,200 in connection with the offering [6]. - GFG Resources is focused on precious metals exploration, particularly in Ontario and Wyoming, with significant gold projects in the Timmins gold district [8][9].
GFG Upsizes Flow-Through Private Placement
Globenewswire· 2025-10-29 22:25
Core Points - GFG Resources Inc. has announced an increase in its private placement of premium flow-through units and flow-through shares to raise gross proceeds of up to C$4.23 million [1][2] Offering Details - The offering will consist of up to 11,880,188 Premium Units priced at C$0.2224 each and up to 8,550,129 FT Shares priced at C$0.185 each, with a maximum aggregate gross proceeds of C$4.23 million [2] - Each Premium Unit includes one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$0.24 for 24 months [2] - The offering is expected to close on or about November 3, 2025, subject to necessary approvals, including from the TSX Venture Exchange [3] Regulatory Compliance - The FT Shares and Premium Units will be offered under the Listed Issuer Financing Exemption, meaning they will not be subject to a hold period under Canadian securities laws [4] - The company may pay finder's fees of up to 6% of the aggregate gross proceeds raised [3] Insider Participation - Certain insiders of the company are expected to participate in the offering, which will be considered a related party transaction [5] - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements for this participation [5] Company Overview - GFG Resources Inc. is focused on precious metals exploration, particularly in gold projects located in tier one mining jurisdictions [7] - The company operates three gold projects in the Timmins gold district of Ontario, Canada, which has produced over 70 million ounces of gold [7]