공지 • Feb 10
GFG Resources Inc. Expands Aljo Gold System 150 m East with Step-Out Results of 7.23 g/t Au over 2.0 m as Discovery-Driven Exploration Advances Across Goldarm
GFG Resources Inc. reported results from the final two drill holes completed as part of its 12-hole (2,650-metre) Phase 2-2025 drill program at the Aljo Gold Project (“Aljo”), located on the Company’s Goldarm Property (“Goldarm”) in the prolific Timmins Gold District of Ontario, Canada. Holes ALJ-25-037 and ALJ-25-038 were 125-150 metre step-out holes to the east of the historic Aljo Gold Mine and confirm that gold mineralization extends well beyond the known limits of the mine workings. These results materially expand the footprint of the Aljo gold system and further demonstrate its scale, continuity, and growth potential. First high-grade intercepts east of the diabase dyke in the Hangingwall (“HW”) Zone: 1.23 grams of gold per tonne (“g/t Au”) over 16.0 m, including 7.23 g/t Au over 2.0 m (ALJ-25-037). Main Zone successfully extended east of historical mine workings. Multiple near-surface and stacked gold intercepts, including 2.23 g/t Au over 5.3 m, including 13.30 g/t Au over 0.5 m (ALJ-25-038). Strong grade and structural continuity confirmed within a broad mineralized envelope extending 125–150 m east of historic mine. Phase 2 drill results support down-dip and strike expansion and validate future larger step-out drilling. Aggressive 6,000 m follow-up drill program planned with drilling to resume in H1-2026. The Phase 2-2025 drill program at Aljo was designed to confirm and expand gold mineralization across the Main, HW, and Footwall (“FW”) Zones. Infill and step-out drilling in the Main and HW Zones confirmed continuity, expanded mineralization at depth, and refined the geological model. Drilling in the FW Zones successfully extended the FW3 Zone up-dip and led to the discovery of a new FW Zone, FW4. The program also included large step-out drilling to the east across a north–south-oriented diabase dyke to test potential extensions of the Aljo Gold System beyond historical mining limits. Hole ALJ-25-037 was drilled as a 150 m step-out east across the diabase dyke and is the first hole at Aljo to return significant high-grade gold mineralization in the HW Zone east of the dyke. The hole was collared in HW ultramafic rocks and intersected the mafic volcanic contact at 86 m downhole. The East HW Zone was intersected at 132 m downhole, returning 1.23 g/t Au over 16.0 m, including a higher-grade core of 7.23 g/t Au over 2.0 m. Mineralization consists of north-east-striking, sulphide-bearing quartz-carbonate veins and veinlets hosted within pillowed, amygdaloidal mafic volcanic flows and associated breccias, proximal to intermediate porphyry dykes. Additional mineralized intervals were encountered further downhole, including 2.4 g/t Au over 1.8 m, which includes 5.00 g/t Au over 0.8 m from 170.9 m. These zones are hosted in similar mafic volcanic rocks and remain closely associated with porphyry intrusions. Hole ALJ-25-038 represents a 125 m step-out east across the diabase dyke and tested the Main Zone for the first time east of the historical mine workings. Gold mineralization was intersected near surface beginning at 5.2 m downhole, with multiple stacked intervals returned, including: 1.28 g/t Au over 7.1 m from 65.2 m, 3.21 g/t Au over 2.4 m from 93.8 m, 2.23 g/t Au over 5.3 m, including 13.30 g/t Au over 0.5 m, from 123.0 m. Mineralization comprises sheeted, north-east-striking, sulphide-bearing quartz-carbonate veins and veinlets hosted in altered, mafic volcanic flows. These intercepts correlate strongly with high-grade, visible-gold-bearing Main Zone mineralization encountered approximately 125 m to the west. Collectively, results from ALJ-25-037 and ALJ-25-038 demonstrate strong grade and structural continuity 125–150 m east of the historic Aljo Gold Mine. When combined with previously reported results, including 1.01 g/t Au over 51.5 m, including 6.36 g/t Au over 5.0 m in ALJ-25-036, the Aljo gold system is now significantly expanded both down-dip and along strike. These results confirm that larger step-out drilling is successfully extending the system, highlighting scale that was not historically recognized and reinforcing Aljo’s potential to evolve toward a robust resource-scale gold system. Previously announced Phase 2-2025 highlights include broad and near-surface HW intercepts, expanded FW system, new FW4 Zone, high-grade and broad HW intercepts, and infill drilling confirming continuity in both HW and Main Zones with visible gold locally. GFG is well-financed and positioned to execute an aggressive, multi-pronged exploration program in 2026, designed to both advance Aljo toward resource-scale definition and unlock new discoveries across the broader Goldarm and Pen properties. At Aljo, drilling will continue to focus on systematic infill and step-out drilling across the HW, Main, and FW Zones, with priority placed on expanding mineralization along strike and at depth. Emphasis will be placed on the HW Zone below historical mine workings and the emerging FW corridor, where recent drilling has outlined new zones of gold mineralization. Continued eastern and western step-outs will aim to further expand the overall footprint of the Aljo gold system. In parallel, GFG is advancing a district-scale regional exploration program across priority corridors on the Goldarm Property. A 90-hole sonic drilling program, of which 45 holes have been completed to date, targeting base-of-till (“BOT”) and top-of-bedrock sampling along the approximately 15 km Pipestone Fault corridor commenced in late 2025, forming the foundation of a multi-year regional exploration strategy. This program is complemented by diamond drilling of high-priority regional targets generated through integrated geological, structural, and geophysical analysis. At the Pen Property west of Timmins, GFG continues to refine and prioritize regional targets based on encouraging drilling, newly acquired IP data, and extensive BOT sampling. Highly anomalous gold-grain counts and pathfinder mineral associations define fertile structural corridors slated for drill testing in 2026. GFG’s 2026 exploration strategy reflects a clear commitment to deploying capital into the ground, leveraging its district-scale land position, and advancing multiple discovery opportunities across one of Canada’s most prolific and infrastructure-rich gold camps. Continued growth drilling at Aljo, combined with systematic regional exploration across Goldarm and Pen, positions the Company for a catalyst-rich year ahead with meaningful discovery and growth potential.
