SASKATOON, Saskatchewan, May 10, 2018 -- GFG Resources Inc. is pleased to announce that it has staked highly prospective claims adjacent to its Dore Gold Project, located 20 kilometeres northwest of IAMGOLD’s Cote Lake gold project and 25 kilometres southeast of Goldcorp’s Borden gold project. From the recent staking program, the Company added 80 square kilometres that host key regional structures and a [...]
SASKATOON, Saskatchewan, April 02, 2018 -- GFG Resources Inc. is pleased to announce the appointment of Mr. Rob Mackie as Vice President, Exploration Canada effective immediately. Mr. Mackie will be responsible for leading the Company’s exploration program at its recently acquired Pen Gold and Dore Gold projects located west of the prolific Timmins gold district in Ontario, Canada. “We are pleased to welcome [...]
SASKATOON, Saskatchewan, March 22, 2018 -- GFG Resources Inc. outlines an aggressive 2018 exploration program following the recent acquisition of the Pen Gold and Dore Gold projects within the western portion of the Abitibi greenstone belt west of Timmins, Ontario, Canada . The fully funded, C$3.0 million exploration program, being conducted 30 kilometres west of the Timmins West gold mine, will include airborne and [...]
SASKATOON, Saskatchewan, March 02, 2018 -- GFG Resources Inc. announces that it has granted, subject to certain vesting requirements, stock options to officers and employees to purchase up to an aggregate of 675,000 common shares of the Company, exercisable for a period of five years at a price of C$0.405 per common share. The incentive stock options were granted in accordance with the Company’s Stock Option Plan [...]
GFG Resources and Rapier Gold are pleased to announce the completion of the previously announced plan of arrangement whereby GFG acquired all of the issued and outstanding shares of Rapier. The Arrangement was an integral part of the Company’s recent land consolidation west of the prolific gold mining district of Timmins, Ontario. With the completion of this transaction, GFG now controls 700 square kilometres of [...]
Rapier Gold and GFG Resources are pleased to announce that the companies have received a final order from the Supreme Court of British Columbia approving the acquisition by GFG of all of the issued and outstanding securities of Rapier by way of a plan of arrangement. Subject to receipt of final acceptance of the Arrangement by the TSX Venture Exchange, Rapier and GFG intend to complete the Arrangement effective Wednesday [...]
Rapier Gold and GFG Resources announce today an update on the proposed transaction, pursuant to which GFG has agreed to acquire all of the issued and outstanding common shares of Rapier by way of a plan of arrangement. Following securityholder approval, the Arrangement remains subject to certain conditions, including the receipt of a final order from the Supreme Court of British Columbia. Rapier appeared before the Court [...]
2017 Highlights: Plan map of North Stock and Antelope Basin 2017 drill results and historic drill highlights Regional map of the Rattlesnake Hills Gold Project Step-out drilling significantly expanded the western strike extension at North Stock by 175 metres with holes RSC-189 which intersected three broad zones of mineralization including 0.82 grams per tonne of gold over 99.1 metres , 0.48 g/t Au over 57.9 m and 0.71 [...]
Saskatchewan, Jan. 11, 2018 -- GFG Resources Inc. is pleased to announce that it has closed the second tranche of its non-brokered private placement previously announced on December 11, 2017, for gross proceeds of C$2,745,000. The total gross proceeds raised in the Concurrent Financing was C$6,973,305. In combination with the first tranche which closed on December 21, 2017, the Company issued a total of 5,460,555 [...]
Saskatchewan, Dec. 21, 2017 -- GFG Resources Inc. is pleased to announce that further to its press release dated December 11, 2017 it has completed the acquisition of the West Porcupine Property from Probe Metals Inc. and the Swayze Project from Osisko Mining Inc. . Immediately prior to closing the acquisitions, the Company also closed the first tranche of its non-brokered private placement for gross proceeds of [...]
SASKATOON, Saskatchewan, Dec. 11, 2017 -- Not for dissemination in the United States or through U.S. Newswires GFG Resources Inc. is pleased to announce that it has entered into agreements to consolidate a large, highly prospective land package west of Timmins, Ontario with each of Rapier Gold Inc. , Probe Metals Inc. , and Osisko Mining Inc. . Under the respective Agreements, GFG will acquire all of the outstanding [...]
Highlights: Extended gold mineralization 100 metres to the west at North Stock in RSR-019 that intersected 0.95 g/t Au over 22.9 metres and hosted visible gold. Hole RSR-011, a 130 metre step-out hole, extends gold mineralization to the west, returning 0.88 g/t Au over 18.3 metres and 0.59 g/t Au over 53.3 metres. System remains open to the west. Hole RSR-014, highlighted by 0.88 g/t Au over 27.4 metres and 0.40 g/t Au [...]
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