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Project: | Rattlesnake Hills | |
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Deposit: | Rattlesnake Hills | |
Location: | United States | |
Commodities: | Gold | |
Date: | 3/16/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 16-3-2017: GFG Resources Inc. announces an Exploration/Drilling Update report for its Rattlesnake Hills deposit at the Rattlesnake Hills project. Drilling results incl. 73.2m @ 0.60g/t Au from 161.5m. GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” | |
Resources: | x | |
CP/QP: | [Overall Report]: Brian Skanderbeg (Internal) | |
ABSTRACT: | GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces drill results from its 2016 drill program at its 100% controlled Rattlesnake Hills Gold Project in central Wyoming, United States. In 2016, the Company completed a 12-hole, 3,500 metre drill program focused on three advanced target areas: North Stock, Antelope Basin and Blackjack. Brian Skanderbeg, President and CEO commented, “We are very encouraged by the results of our 2016 program, in particular the discovery of a new zone northeast of Antelope Basin. In addition, drill results located between North Stock and Antelope Basin demonstrate the potential to link the two deposits. Linking the two deposits would be significant as it would represent a mineralized system that is nearly 1.5 kilometres in strike length. Overall, the drilling results support our team’s new geologic model of the Rattlesnake Hills Gold Project and continue to illustrate the scale and discovery potential of the district. In 2017, we will take a strategic approach to expand on historic drilling, further test the new discovery and test five greenfield targets that we generated from our 2016 exploration program.” The program was designed to drill test several targets in a short window of time. Specifically, the program was designed to test for extensions of mineralization beyond and below historic drilling, drill geochemical anomalies that had never been tested, and test the continuity of mineralization between North Stock and Antelope Basin. The bulk of the program, nine holes, focused in the North Stock and Antelope Basin areas and the remaining three holes targeted extensions at Blackjack. | |
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