GFG resumes drilling program at various targets across multiple gold properties
From GlobeNewswire: 2024-05-29 06:00:00
GFG Resources Inc. has resumed drilling with 1,500 m at Aljo Mine Target to follow up on high-grade gold intercepts. They have also discovered a new gold target at the Pen Gold Project, Muskego, with significant mineralization found in bedrock. Regional surface exploration programs have also been initiated across the Goldarm Project.
The 2024 drill program of approximately 6,000 m will test multiple targets across the Goldarm Property and a new target within the Pen Gold Project called Muskego. Drilling at Aljo will start with a focus on high-grade gold mineralization. The company is excited to ramp up exploration activities this year.
GFG will commence drilling operations at Aljo focusing on gold mineralization continuity with step-outs along the strike and at depth. They will also investigate the relationship between gold mineralization and feldspar porphyry dykes in the Aljo Mine area. The success of this program will determine future focus and investment.
GFG is advancing the geological model at Montclerg Gold Project to identify areas for resource expansion. A surface exploration program at Goldarm aims to identify new gold and base-metal anomalies. A focus will be on folded and faulted porphyry dykes linked to high-grade gold mineralization in the Aljo region.
After a review of the sonic drill base-of-till sampling program at the Pen property, GFG has identified new gold targets that warrant further exploration. Gold grain data from the regional till survey at Dore outline gold-in-till anomalies and base-metal targets. The company plans to follow up on these results and prioritize additional till sampling at Dore.
Read more at GlobeNewswire: GFG Kicks-Off 6,000 Metre Drill Program and Initiates