Ya all want another monster of a penny stockWith a monster possibility in this gold market like GPG is as well!
Well its a Timmins Ontario area gold play @ .23 area right now, bought 10,000 myself this morning.
And the name is none other then GFG, ya GFG!
Look at their PEN Project they found in April a monster hole!
And will be drilling there yet again in July.
GFG Announces Final Drill Results and Initiates Expanded 2020 Exploration Program at Pen Gold Project West of Timmins, ON
Key Points:
- Successful Phase 1 2020 drill program that included:
• A new gold discovery at the Nib Prospect of 71.27 grams of gold per tonne over 8.5 metres (previously disclosed on April 6, 2020).
• Intercepted significant visible gold and broad zones of low-grade gold mineralization at Slate Rock target in hole PEN-20-049.
• Extended the HGM Prospect down to 500 m depth intercepting up to 12.80 g/t Au over 1.0 m.
- Doubled 2020 exploration budget and plan to complete 8,500 m of drilling starting in July with a primary focus at the Nib discovery.
- Initiated extensive geophysical and geochemical programs to advance regional targets to drill-ready status with an objective of making new discoveries.
- Strong cash position of approximately C$7.1 million and welcomed Alamos Gold Inc. as a strategic investor.
SASKATOON, Saskatchewan, April 06, 2020 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) reports it has intersected a significant high-grade gold system at the Nib Prospect at its 100% owned Pen Gold Project (the “Project”) located 40 kilometres west of the prolific Timmins Gold District in Ontario, Canada. Hole PEN-20-47 intersected 71.27 grams of gold per tonne (“g/t Au”) over 8.5 metres (“m”) including 511.00 g/t Au over 1.15 m at a vertical depth of approximately 50 m below surface (See Table 1 and Figures 1-4).
Did I read that right ???? 71.27 grams over 8.5 metres & 511 grams over 1.15 metres!!!!
Market Cap of only 30.4 million. *Gold intervals reported in the above
| PEN-20-047 | 52.0 | 60.5 | 8.5 | 71.27 |
| incl. | 55.35 | 59.50 | 3.15 | 191.78 |
| incl. | 56.35 | 57.50 | 1.15 | 511.00 |
| and | 70.0 | 75.0 | 5.0 | 1.01 |
| incl. | 73.0 | 74.0 | 1.0 | 2.06 |
| and | 82.0 | 83.0 | 1.0 | 0.98 |
| and | 94.6 | 95.6 | 1.0 | 1.55 |
| and | 204.1 | 211.1 | 7.0 | 0.90 |
| incl. | 205.1 | 206.1 | 1.0 | 2.37 |
| and | 232.6 | 233.6 | 4.0 | 0.73 |
| and | 309.9 | 313.0 | 3.1 | 1.11 |
| incl. | 309.9 | 310.9 | 1.0 | 2.27 |
Might be worth a try!!!!