GFG Resources Inc.

GFG Resources Inc. is pleased to announce that it has entered into a definitive agreement with International Explorers and Prospectors Inc. to acquire a 100% interest in the 6,500-hectare WWCC property, subject to certain pre-existing encumbrances. 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 [...]

GFG Resources pursuant to the Company's annual executive compensation program, the Company announced that it has granted stock options to directors, officers, employees and senior consultants to purchase up to an aggregate of 2,469,118 common shares of the Company. The stock options have various vesting periods and are exercisable for a period of five years at a price of $0.17 per common share, being the closing price on [...]

GFG Resources Inc. reports new assay results from three drill holes that have intersected multiple zones of significant gold mineralization at the Montclerg Gold Project , located 48 kilometres east of the prolific Timmins Gold District in Ontario, Canada . During the fourth quarter of 2021, the Company drilled a total of 3,210 metres from 14 holes in its inaugural Phase 1 drill program. To date, the Company has received [...]

GFG Resources Inc. announces that it has received assays from the first hole from its 2021 Phase 1 drill program at the Montclerg Gold Project . The hole returned both high grade and bulk tonnage intercepts from the MC Central Panel at Montclerg . In 2022, the Company is planning to drill approximately 10,000 metres at Montclerg with a first phase of 3-4,000 m of drilling to start in February. Hole MTC-21-001, a 50 m [...]

GFG Resources Inc. announces that it has closed the oversubscribed, private placement financing for gross proceeds of C$3,114,653. Pursuant to the Offering, the Company issued 6,501,514 units of the Company at a price of C$0.145 per Unit for gross proceeds of C$942,719 ; 6,261,676 common shares of the Company that will qualify as "flow-through shares" for the purposes of the Income Tax Act at a price of C$0.17 per FT [...]

GFG Resources Inc. announces a private placement to raise gross proceeds of up to C$3.0 million . The Offering will consist of any combination of units of the Company at a price of C$0.145 per Unit; common shares of the Company that will qualify as "flow-through shares" for the purposes of the Income Tax Act at a price of C$0.17 per FT Share; and premium units of the Company at a price of C$0.207 per Premium Unit, subject [...]

GFG Resources Inc. announces that it has initiated its Phase 1 3,000 metre drill program testing bulk tonnage and high-grade vein targets at its Montclerg Gold Project . Drilling is anticipated to continue into December, with planning in progress for a more extensive H1 2022 program. The Montclerg Gold Project is located 48 kilometres east of the prolific Timmins Gold Camp and is adjacent to multiple current and historic [...]

GFG Resources Inc. announces that the Company has completed its initial obligations pursuant to its previously announced definitive agreement with International Explorers and Prospectors Inc. to acquire a 100% interest in the Montclerg Gold Project . Under the terms of the Agreement, GFG has the right to acquire 100% of the Project by completing a series of staged equity payments, transferring assessment credits and [...]

GFG Resources Inc. is pleased to announce that it has entered into a definitive agreement with International Explorers and Prospectors Inc. to acquire a 100% interest in the Montclerg Gold Project . The Montclerg Gold Project is located 48 kilometres east of the prolific Timmins Gold Camp and is surrounded by multiple current and historic gold mines . The Project consists of five patented mining claims and 110 unpatented [...]

GFG Resources Inc. is pleased to announce that it has closed the previously announced option and earn-in agreement with Group 11 Technologies Inc. , a privately-owned corporation, to advance GFG's Rattlesnake Hills Gold Project in Wyoming, United States . Under the terms of the Agreement, Group 11 has the right to acquire, in multiple stages, up to 70% of the Project by completing a series of exploration and development [...]