GFG Resources Inc V.GFG

Alternate Symbol(s): GFGSF

Metals & Mining Gold

GFG Resources Inc. is a Canada-based precious metals exploration company. The principal business of the Company is to acquire, explore and develop interests in exploration and evaluation assets. The Company is focused on two prospective gold assets in tier one mining jurisdictions, Ontario and Wyoming. The Company operates three gold projects in Ontario, within the prolific gold district of Timmins, Ontario, Canada. The Montclerg Gold Project is located approximately 48 kilometers (km) east of Timmins, Ontario. The Pen Gold Project is located 50 km southwest of the prolific gold district and town of Timmins, Ontario. The Dore Gold Project is located approximately 40 km east of Newmont’s Borden Gold Mine and 30 km northwest of IAMGOLD’s Cote Lake gold project in Ontario. It also owns 100% of the Rattlesnake Hills Gold Project located in Central Wyoming approximately 100 km southwest of Casper on the western side of Natrona County. It comprises of 1,573 unpatented lode mining claims.

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GFG Resources Inc

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Post by Betteryear2on Apr 13, 2022 7:04pm

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Post# 34602200

GFG Finalizes WWCC Property Acquisition

SASKATOON, Saskatchewan, April 13, 2022 (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 6,500-hectare WWCC property, subject to certain pre-existing encumbrances (the “Encumbrances”) (See news release dated February 24, 2022). In addition, the Company has staked a contiguous 6,800-hectare land package that is adjacent to the WWCC property, and collectively with the Montclerg Gold Project, will be referred to as the Goldarm Property (the “Property”).