GFG Confirms New High-Grade Gold Target with up to 11 g/t Gold from Surface Sampling and Provides Exploration Update at the Pen Gold Project West of Timmins, ON - Seite 3

Outlook
Over the next several months, the Company will continue its aggressive exploration program at the Pen Gold Project with drilling to commence in August.  The Company plans to complete 8,500 m of drilling by the end of the year with most of the drilling allocated to the Nib discovery.  Prospecting, mapping and till sampling programs will occur concurrently with the drill program and continue into the fall. Prospecting and mapping, once completed at Boundary, Broadway and Nib, will focus around the Slate Rock Prospect located in the west block of the Pen Gold Project.  Similarly, till sampling efforts are being directed to various parts of the Pen Gold property to infill anomalous areas and to extend regional sampling coverage.

Figure 1: Pen Gold Project, East Block Gold Targets (click on image to enlarge)

Figure 2: Boundary Prospect Plan Map (click on image to enlarge)

About GFG Resources Inc.
GFG Resources is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming. In Ontario, the Company owns 100% of the Pen and Dore gold projects, two large and highly prospective gold properties west of the prolific gold district of Timmins, Ontario, Canada. The Pen and the Dore gold projects have similar geological settings that host most of the gold deposits found in the Timmins Gold Camp which have produced over 70 million ounces of gold. The Company also owns 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100 kilometres southwest of Casper, Wyoming, U.S.  The geologic setting, alteration and mineralization seen in the Rattlesnake Hills are similar to other gold deposits of the Rocky Mountain alkaline province which, collectively, have produced over 50 million ounces of gold.

For further information, please contact:

Brian Skanderbeg, President & CEO
Phone: [phone]
or
Marc Lepage, Vice President, Business Development
Phone: [phone]
Email: [e-mail]
Website: www.gfgresources.com 

Stay Connected with Us

Twitter: @GFGResources
LinkedIn: https://www.linkedin.com/company/gfgresources/
Facebook: https://www.facebook.com/GFGResourcesInc/

Qualified Persons
Brian Skanderbeg, P.Geo. and M.Sc., President and CEO, is the Qualified Person for the information contained in this press release and is a Qualified Person within the meaning of National Instrument 43-101. Mr. Skanderbeg has reviewed the sampling and QA/QC procedures and results thereof as verification of the sampling data disclosed above and has approved the information contained in this news release.