Core Viewpoint - GFG Resources Inc. has reported significant assay results from its Aljo Mine Target, indicating the discovery of new high-grade gold zones and the expansion of known mineralized areas, which enhances the potential for further discoveries in the Timmins Gold District of Ontario, Canada [2][5][14]. Drilling Program and Results - The recent drilling program consisted of 12 holes totaling 2,600 meters, focusing on the downdip and lateral extensions of the historic Aljo Mine, as well as testing new targets [3][4]. - Notable intersections include high-grade gold in the HW and Main Zones, with the discovery of a new FW Zone (FW3) characterized by significant visible gold and high-grade mineralization, with assays reaching up to 7.26 g/t Au [4][6][10]. Specific Assay Results - Hole ALJ-24-019 intersected multiple high-grade intervals, including 4.39 g/t Au over 3.4 m and 7.76 g/t Au over 1.5 m in the HW Zone, confirming continuity of mineralization [6][7]. - The Main Zone also showed promising results, with intercepts of 8.00 g/t Au over 0.5 m and 5.11 g/t Au over 0.8 m, correlating with previous high-grade results [9][10]. - The new FW3 Zone yielded significant results, including 7.26 g/t Au over 0.6 m, indicating a 60 m step-out from previously reported high-grade gold [10][12]. Future Plans - Follow-up drilling at Aljo is scheduled to commence in the second half of 2025, with an aggressive program planned to further explore the depth and strike extensions of the HW, Main, and FW Zones, totaling approximately 3,000 meters [4][7][14]. - The company is also expanding its exploration pipeline in the region, which continues to attract attention due to its geological potential [14][25]. Muskego Target Update - GFG has initiated a drill program at the Muskego target area, testing several greenfield targets with a total of 10 holes drilled, totaling 2,685 meters, with assay results pending [17][18]. - A sonic drill program was also completed to gather samples for generating additional drill targets in this underexplored region [18]. Company Overview - GFG Resources Inc. is focused on district-scale gold projects in tier one mining jurisdictions, operating three gold projects in the Timmins Gold District, which has historically produced over 70 million ounces of gold [25].

Core Insights - Red Pine Exploration Inc. has announced promising initial results from its near-surface drilling program at the Wawa Gold Project, indicating significant gold grades and wide zones of alteration [1][3][4] - The ongoing drilling program is part of a fully funded 25,000 meters exploration initiative aimed at evaluating the potential for an open-pit operation in the Jubilee Shear area [1][6] - The company plans to update its 2024 Mineral Resource Estimate (MRE) and work towards a Preliminary Economic Assessment (PEA) expected to be completed in the first half of 2026 [5][6] Drilling Results - Near-surface drilling has intersected 14.51 grams per tonne (g/t) gold over 4.81 meters, including a high-grade interval of 90.40 g/t over 0.67 meters [7][11] - The ongoing drilling program has completed approximately 65% of the planned 25,000 meters, with over 14 drill holes currently in progress [6][8] - Historical drilling results in the Jubilee Mine area have shown significant gold intersections, indicating the potential for further resource expansion [13][14] Geological Insights - The drilling has identified a new gabbro dyke at depth, which is believed to be a critical control on mineralization, similar to gabbro dykes found closer to the surface [4][14] - The mineralogical transition observed in the Jubilee Shear suggests changes in the gold mineralization zones, which could lead to higher grades [14][15] - The company is focusing on building out the near-surface resource to complete an updated MRE and PEA by H1 2026 [6][14] Future Plans - The company intends to continue drilling to infill gaps between widely spaced drill holes and to explore deeper extensions of the Jubilee Shear [9][14] - Approximately 8,000 to 9,000 meters of drilling is allocated to evaluate two areas for potential open-pit operations, expected to take about three months to complete [8][9] - The results from the ongoing drilling will contribute to the updated MRE and PEA, enhancing the understanding of the project's economic viability [5][6]

Core Insights - Rackla Metals is focused on gold exploration in Canada's North, particularly in the Yukon and Northwest Territories, and is preparing for its first drill program following promising trench and sample results from a newly identified target [2]. Company Overview - Rackla Metals (TSXV: RAK) is advancing early-stage exploration efforts in underexplored regions, aiming to uncover untapped gold opportunities [2]. - The company has a strong track record in regional prospecting and discovery, which supports its current exploration initiatives [2]. Industry Context - The focus on gold exploration in Canada’s North highlights the potential for significant discoveries in areas that have not been extensively explored [2].

TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX: GTWO; OTCQX: GUYGF) provides further information on the Company's ongoing diamond drilling and exploration initiatives in the greater Oko-Aremu District, Guyana. G2 currently holds exploration rights to 83,967 acres in the district which includes the Oko-Ghanie deposits hosting 1.5 million ounces of gold averaging 3.40 g/t Au (Indicated) and 1.6 million ounces of gold averaging 2.48 g/t Au (Inferred). New Gold Disco ...

Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern OregonApril 24, 2025 5:00 AM EDT | Source: Provenance Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce the commencement of the 2025 phase 1 drilling program with the mobilization of an RC drill rig to the Eldorado project, located in Eastern Oregon. The staged drilling campaign will bu ...

Figure 1 Midland Announces the Acquisition of the Kan Gold Project Figure 2 Midland Announces the Acquisition of the Kan Gold Project Figure 3 Midland Announces the Acquisition of the Kan Gold Project Figure 4 Midland Announces the Acquisition of the Kan Gold Project Figure 5 Midland Announces the Acquisition of the Kan Gold Project Figure 6 Midland Announces the Acquisition of the Kan Gold Project Figure 7 Midland Announces the Acquisition of the Kan Gold Project Figure 8 <img ...

Onyx Gold Intersects 3.4 g/t Gold Over 69.6 Meters Including 5.4 g/t Gold over 34.5 Meters at Munro-Croesus Project and Announces Option AgreementIncludes High-Grade Subintervals of 13.9 g/t Gold over 9.5 Meters and 38.5 g/t Gold over 3.0 MetersApril 10, 2025 6:30 AM EDT | Source: Onyx Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce new high-grade drill results from hole ...

StrikePoint Commences Drilling at Hercules Gold Project, With Current Exploration Target of 1 Moz of Oxide Gold in Nevada's Walker LaneMarch 10, 2025 7:00 AM EDT | Source: StrikePoint Gold Inc.7-8 Holes (~1,500m) to infill and expand oxide gold mineralization Exploration Target between 820 and 1,020 Koz Au grading between 0.48 g/t and 0.63 g/t AuAcquisition cost $250,000, now targeting multi-million Au Oz Potential in Tier 1 JurisdictionDrill Results Expected in Q2 2025Vancouver, British Colum ...