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GFG Resources Inc.
Summary
| Project: | Rattlesnake Hills | |
|---|---|---|
| Deposit: | Rattlesnake Hills | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 1/16/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-1-2020: GFG Resources Inc. announces an Exploration/Drilling Update report for its Rattlesnake Hills deposit at the Rattlesnake Hills project. Drilling results incl. 57.7m @ 0.55g/t Au from 122.7m. January 16, 2020, Saskatoon, Saskatchewan, Canada: GFG | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brian Skanderbeg (Internal) | |
| ABSTRACT: | January 16, 2020, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”), report assay results from the 2019 drill program at the Rattlesnake Hills Gold Project (“RSH” or the “Project”) in Wyoming, United States that is managed by GFG under the option and earn-in agreement with Newcrest Resources Inc., a whollyowned subsidiary of Newcrest Mining Limited (ASX: NCM) (“Newcrest”). The drill program, consisting of 3,900 metres of core drilling in three holes, tested multiple gold targets proximal to the North Stock deposit (See Table 1 and Figures 1 and 2). Brian Skanderbeg, President and CEO commented, “The 2019 drill program intercepted broad gold intervals associated with shallow extensions to the RSH gold system, extending the North Stock system to the west and southeast. This initial test of the North Deep and South Deep targets outlined encouraging and widespread alteration, brecciation, sulphidation and multiple porphyry bodies; however, results from this test returned relatively low gold grades. Working with a high-caliber Newcrest team over the past 16-months has strengthened our exploration model and understanding of the district. Over the next few months, we will work on developing a plan to advance and prioritize the many drill-ready brownfield and greenfield targets across the property that remain to be tested. While we plan our next steps at RSH, we anticipate being in a position to announce the remaining assay results from our Pen Gold Project and will begin our 4,000 metre drill program in the coming weeks.” | |
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