For thousands of other reports visit RSC's Mineral Intellingence Map
GFG Resources Inc.
Summary
| Project: | Pen Gold | |
|---|---|---|
| Deposit: | Pen Gold | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-2-2020: GFG Resources Inc. announces an Exploration/Drilling Update report for its Pen Gold deposit at the Pen Gold project. Drilling results incl. 1.0m @ 25.96g/t Au from 371.0m. February 19, 2020, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brian Skanderbeg (Internal) | |
| ABSTRACT: | February 19, 2020, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) reports the remaining drill core assay results from 2019 and announces the commencement of its 2020 drill program at its 100% owned Pen Gold Project (the “Project”) located 40 kilometres west of the prolific Timmins Gold District in Ontario, Canada. Brian Skanderbeg, President and CEO commented, “We are excited to resume drilling at Pen as we follow up a very successful 2019 where we made a new discovery, expanded and identified new gold targets and drilled multiple economic intercepts at district-scale targets. In 2020, we begin our drilling program with a stronger model to follow up on targets such as Slate Rock, HGM, Crawford and Nib. Meanwhile, we will continue to advance earlier staged targets that have seen limited drill testing such as the Broadway and Boundary targets. Drilling is anticipated to be complete in early April and we are optimistic that we will continue to demonstrate the prospectivity of this region of the Abitibi.” 2020 Phase 1 Drill Program The Company has resumed drilling at the Project with a plan to drill approximately 3,500 metres over the coming months. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report