GFG Drills 13.94 g/t Gold over 7.1 metres KEY HIGHLIGHTS:
- Completed 1,700 metre (“m”) H1 drill program in 5 holes at the Aljo Mine Target (“Aljo”).
- Drilled the best intercept to-date at the Aljo Hanging wall (“HW”) Zone in hole ALJ-24-012 returning 13.94 grams per tonne gold (“g/t Au”) over 7.1 m with significant visible gold and tellurides.
- Assay results below 120 m depth from hole ALJ-24-012 remain outstanding with multiple other logged instances of visible gold beneath historic mine workings. Results are expected to be received soon and will be released once available.
- Remaining Aljo holes 2-4 (80-100 m step-outs) intersected several well mineralized zones with results pending.
- Focused exploration continues to advance the new Muskego Gold Target (“Muskego”) at the Pen Gold Project toward first diamond drill hole testing. Associated new targets are emerging.
- Register for a live investor webinar to discuss the results on Tuesday, August 20, 2024, at 12:00 PM Eastern Time.
SASKATOON, Saskatchewan, Aug. 19, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) hits high-grade gold in its first drill hole from the Company’s Phase 1 2024 drill program at Aljo, located on the Goldarm Property (“Goldarm”) in the prolific Timmins Gold District of Ontario, Canada.
GFG Drills 13.94 g/t Gold over 7.1 metres with Significant (globenewswire.com)