GFG Discovers New Gold Zone in Footwall and Extends

From GlobeNewswire: 2025-05-12 05:00:00

Latest assay results from GFG Resources Inc. reveal high-grade gold intervals at Aljo Mine in Ontario, Canada. ALJ-24-019 hit 4.39 g/t Au over 3.4 m in the HW Zone, while Main Zone returned visible-gold bearing vein sets. Drilling confirmed continuity and expansion of gold zones, with plans for additional drilling in 2025.

Results from the 12-hole drill program at Aljo demonstrated new zones of mineralization hosting visible gold. The discovery of the FW3 Zone with high-grade gold content is a significant development. Drilling revealed the stacked nature of veins in the Main Zone, reaffirming the potential for further gold zone discoveries at Aljo.

The drill results included significant assays such as 7.26 g/t Au over 0.6 m in the HW Zone and 12.00 g/t Au over 1.0 m in the Main Zone. The discovery of the FW3 Zone with moderate to high-grade veining is a promising development for the Aljo project, indicating potential for expansion and additional gold discoveries.

CEO Brian Skanderbeg expressed satisfaction with the discovery of the new FW3 Zone and the extension of HW and Main Zones to near-surface with high-grade gold content. The geological model highlights key lithologies and vein orientations, providing confidence for future gold zone expansions and discoveries at Aljo.

GFG Resources Inc. is a precious metals exploration company with gold projects in Timmins, Ontario, Canada. The company’s focus on district-scale gold projects in top-tier mining jurisdictions has led to significant developments at the Aljo Mine, including high-grade gold discoveries and expansion of mineralized zones.



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