GFG Resources Inc.

SASKATOON, Saskatchewan, May 09, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the signing of a binding letter of intent (the “LOI”) for the sale of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”). Under the terms of the LOI, which will be formalized by a definitive agreement between the parties within forty-five (45) days (the “Transaction”), Patriot will pay GFG an aggregate co...

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, May 27, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announced today that it proposes to extend the expiry dates and amend the exercise prices of the common share purchase warrants (“Warrants”) of the Company issued on October 6, 2022 and March 21, 2023 (the "Proposed Amendments"). After giving effect to the Proposed Amendments, each Warrant issued on October 6, 2022 and March 21,...

KEY HIGHLIGHTS: Resumes drilling with 1,500 m at the Aljo Mine Target (“Aljo”) to follow-up on high-grade gold intercepts of 3.65 grams of gold per tonne (“g/t Au”) over 6.3 metres (“m”), 13.35 g/t Au over 3.6 m and 6.58 g/t Au over 4.3 m.Discovers compelling new gold target within Pen Gold Project, Muskego, with sonic drill test intercepting significant mineralization in bedrock.Conducted regional black spruce bark sampling across Goldarm Project with 800 samples as first pass surface exploration program in areas of no historic work com...