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GFG Resources Inc.
Summary
| Project: | Rattlesnake Hills | |
|---|---|---|
| Deposit: | North Stock | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-11-2017: GFG Resources Inc. announces an Exploration/Drilling Update report for its North Stock deposit at the Rattlesnake Hills project. Drilling results incl. 53.3m @ 0.59g/t Au from 251.5m. SASKATOON, Saskatchewan, Nov. 14, 2017 -- GFG Resources Inc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brian Skanderbeg (Internal) | |
| ABSTRACT: | SASKATOON, Saskatchewan, Nov. 14, 2017 -- GFG Resources Inc. (TSX-V:GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces further drill results from its ongoing 2017 exploration drill program at its 100% controlled, Rattlesnake Hills Gold Project in Wyoming, United States. The 2017 exploration program was designed to take an aggressive, district scale approach by testing beyond the boundaries of historic drilling and evaluating new targets in the district that have similar geologic traits to North Stock and Antelope Basin. Year to date, step-out drilling has successfully proven that the known gold deposits remain open and continue to grow. Brian Skanderbeg, President and CEO, commented, “Step-out drilling in the brownfield environment continues to expand gold mineralization and outline the scale of the deposits. We have now demonstrated that the North Stock deposit has a strike length of approximately 750 metres and remains open to the west and southwest. Drilling in the Middle Ground between North Stock and Antelope Basin continues to return economic intercepts which highlight the potential to link the two deposits and outline a system that is approximately 1.1 kilometres in length. Based on the exploration success in the brownfield areas, we have reallocated some greenfield drilling metres to focus on the Middle Ground and along the eastern flank of Antelope Basin. Drill success in these areas would materially impact our geological model and positively impact the maiden resource estimate in H1 2018. Our 2017 drilling program is nearly complete and with approximately 50% of the assays pending, we remain confident that we will continue to see expansion in the brownfield target areas and expect to provide further results in the near future.” | |
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