GFG Resources Exercises Option and Earns 100% in Montclerg Gold Project in Prolific Timmins Gold District
2023-10-24 13:11:47 SASKATOON, Saskatchewan, Oct. 24, 2023 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has completed its earn-in requirements to earn 100% of the Montclerg Gold Project (“Montclerg” or the “Project”) pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. […]
GFG Resources Drills High-Grade Gold on First Drill Test at Aljo, Extends Montclerg 1 km East & Resumes Drilling in Timmins
2023-04-11 04:03:22 KEY HIGHLIGHTS: First pass drilling at the Aljo Mine Target (“Aljo”) successfully returned high-grade gold intervals at shallow depths across multiple vein systems along with broader intervals of low-grade mineralization. ALJ-22-002: 3.03 grams per tonne gold (“g/t Au”) over 12.9 metres (“m”) including 59.80 g/t Au over 0.60 m and 6.58 g/t Au […]
GFG Closes Oversubscribed Private Placement Financing
2023-03-21 13:55:46 NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, March 21, 2023 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed the oversubscribed, private placement financing (the “Offering”) (see news releases dated February 17, 2023 and March 2, 2023) for gross proceeds […]
GFG Resources Drills Significant Gold Mineralization in Multiple Zones at Montclerg including 9.85 g/t Gold over 16.0 Metres
2023-01-18 05:14:28 KEY HIGHLIGHTS: Drill results from the Montclerg Gold Project (“Montclerg”) continue to intersect high-grade and bulk tonnage gold intercepts demonstrating continuity and a robust gold system. Hole MTC-22-035 returned multiple gold zones: 9.85 grams of gold per tonne (“g/t Au”) over 16.0 metres (“m”) in the Upper Footwall zone, 30 […]
GFG Resources Samples up to 276 g/t Gold at Aljo and Provides Drilling Update at Montclerg
2022-12-15 05:11:43 KEY HIGHLIGHTS: Collected 137 till and 1,030 rock samples during the 2022 summer field exploration program on the Goldarm Property (or “Goldarm”) in the Timmins Gold District of Ontario, Canada Results from rock sampling indicate widespread high-grade gold results from the Aljo Gold Mine target area of up to 276.00 grams […]
GFG Resources Closes Oversubscribed Private Placement Financing
2022-10-06 13:46:06 SASKATOON, Saskatchewan, Oct. 06, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed the oversubscribed, private placement financing (the “Offering”) (see news releases dated August 30, 2022 and October 5, 2022) for gross proceeds of C$2,051,743. As part of the Offering, GFG is pleased to announce […]
GFG Increases Previously Announced Private Placement Financing
2022-10-05 11:52:14 NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, Oct. 05, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that due to investor demand it has increased the size of its previously announced private placement financing (the “Offering”) (see news release dated […]
GFG Resources Strengthens Team with New Vice President, Exploration
2022-09-12 14:09:52 SASKATOON, Saskatchewan, Sept. 12, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce the appointment of Ms. Natalie Pietrzak-Renaud as Vice President, Exploration effective immediately. Ms. Pietrzak-Renaud will be responsible for leading the Company’s exploration programs at its gold projects in the prolific […]
GFG Resources Announces Private Placement Financing of up to C$2.0 Million
2022-08-30 04:08:21 SASKATOON, Saskatchewan, Aug. 30, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement to raise gross proceeds of up to C$2.0 million (the “Offering”). The Offering will consist of any combination of (i) units of the Company (“Units”) at a price of C$0.11 […]
GFG Resources Completes Acquisition of the Aljo Mine Gold Claims, Expanding the Goldarm Property in the Timmins Gold District
2022-04-27 15:34:43 SASKATOON, Saskatchewan, April 27, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has finalized the previously announced acquisition (the “Agreement”) of 100% interest in 14 unpatented mining claims (the “Coulson Claims”) with private, arm’s length vendors (the “Vendors”). The Coulson Claims are adjacent […]
GFG Resources Closes Oversubscribed Private Placement of C$3.1 Million
2021-11-30 14:10:32 SASKATOON, Saskatchewan, Nov. 30, 2021 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has closed the oversubscribed, private placement financing (the “Offering”) (see news release dated November 9, 2021) for gross proceeds of C$3,114,653. Pursuant to the Offering, the Company issued (i) 6,501,514 units of […]
GFG Resources Finalizes Montclerg Gold Project Acquisition and Initiates Aggressive Exploration Program
2021-10-25 04:02:23 SASKATOON, Saskatchewan, Oct. 25, 2021 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that the Company has completed its initial obligations pursuant to its previously announced definitive agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) to acquire a 100% interest in the Montclerg Gold […]
GFG Resources Expands Presence in Timmins – Acquires the Montclerg Gold Project East of the Prolific Timmins Gold District
2021-10-05 04:02:34 SASKATOON, Saskatchewan, Oct. 05, 2021 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) to acquire a 100% interest in the Montclerg Gold Project (and/or the “Project”). […]