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GFG Resources Inc.
Summary
| Project: | Rattlesnake Hills | |
|---|---|---|
| Deposit: | Antelope Basin | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 2/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-2-2018: GFG Resources Inc. announces an Exploration/Drilling Update report for its Antelope Basin deposit at the Rattlesnake Hills project. Drilling results incl. 99.1m @ 0.82g/t Au from 38.1m. February 5, 2018 Saskatoon, Saskatchewan, Canada: GFG Resou | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brian Skanderbeg (Internal) | |
| ABSTRACT: | February 5, 2018 Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce the remaining assay results and provide a summary of its 2017 exploration drill program at its 100% controlled, Rattlesnake Hills Gold Project in Wyoming, United States. The 2017 exploration program consisted of 46 holes or 13,783 metres of drilling focused on four brownfield targets and four greenfield targets. The program was designed to take an aggressive approach to expand the areas of known mineralization and to test new targets in the district that have similar geological and geophysical signatures to North Stock and Antelope Basin. Historic drilling and the 2017 brownfield drilling will be incorporated in a maiden National Instrument 43-101 resource estimate expected to be announced in the second quarter of 2018. Brian Skanderbeg, President and CEO, commented, “The results from our 2017 drill program met our main objective of expanding the areas of known mineralization and demonstrating the scale of the district. We were successful at significantly expanding the western and southwestern extensions at North Stock by 175 metres and 150 metres, respectively. Drilling in the Middle Ground between North Stock and Antelope Basin continued to outline a sheet of mineralization connecting the two 2 deposits which will have a significant impact in future geological and resource modelling. And at the Antelope Basin deposit, we drilled three holes targeting the eastern flank of the deposit and demonstrated gold mineralization extents at least 200 metres eastward and may link with the Cowboy target. Our focus is now on interpreting the geological data from nearly 100,000 metres of drilling to move ahead with a maiden resource estimate in the second quarter of 2018.” | |
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