GFG Resources Expands High-Grade Gold Zones at Aljo Mine Target

Story Highlights
  • GFG Resources reports high-grade gold findings at its Aljo Mine Target, expanding key mineralized zones.
  • The company plans aggressive follow-up drilling in 2025 and advances exploration at the Muskego target.
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GFG Resources Expands High-Grade Gold Zones at Aljo Mine Target

GFG Resources ( (TSE:GFG) ) has shared an update.

GFG Resources Inc. has reported promising assay results from its ongoing drilling programs at the Aljo Mine Target, part of its Goldarm Property in Ontario’s Timmins Gold District. The drilling has confirmed high-grade gold intersections and expanded the mineralized zones, particularly in the Hangingwall and Footwall Zones. The company plans to initiate an aggressive follow-up drilling program in the second half of 2025 to further explore these promising zones. Additionally, GFG is advancing its exploration efforts at the Muskego target area, where it aims to make a new greenfield discovery, supported by sonic till sampling and an Induced Polarization survey.

More about GFG Resources

GFG Resources Inc. operates in the mining industry, focusing on gold exploration and development. The company is engaged in drilling programs at its Aljo Mine Target located in the Timmins Gold District of Ontario, Canada, a region known for its significant mining infrastructure and operational mines.

YTD Price Performance: 9.09%

Average Trading Volume: 196,560

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$48.44M

Find detailed analytics on GFG stock on TipRanks’ Stock Analysis page.

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