|Bid||0.0900 x 0|
|Ask||0.1050 x 0|
|Day's Range||0.0950 - 0.1000|
|52 Week Range||0.0700 - 0.4400|
|Beta (5Y Monthly)||0.51|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.70|
Whilst it may not be a huge deal, we thought it was good to see that the GFG Resources Inc (CVE:GFG) President, Brian...
The extension will allow Newcrest additional time to consider exercising its option to enter into the earn-in phase of the Agreement. The earn-in phase consists of three stages whereby Newcrest can earn up to 75% of the Project over an eight-year period. See news release dated September 8, 2018 “GFG Signs Option and Earn-In Agreement with Newcrest to Advance the Rattlesnake Hills Gold Project” for complete details of the Agreement.
Highlights: Phase 1 2020 Drill program has commenced and is focussed on testing the HGM, Nib, Broadway and Slate Rock targets with approximately 3,500 metres;Hole PEN-19-40.
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
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). 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.
Highlights: Hole PEN-19-39 intersected stacked mineralized lenses at the HGM target highlighted by 7.53 g/t Au over 2.2 metres (including 31.80 g/t Au over 0.5 metres).
The Project is located 40 kilometres west of the prolific Timmins Gold District and is part of a consolidated, underexplored land package of approximately 680 square kilometres that includes the Dore Gold Project. Over the next five months, the Company plans to drill approximately 6,500 metres at the Pen Gold Project.
Over the next six months, the Company plans to drill approximately 6,500 metres of which approximately 2,500 metres will be completed before year-end 2019 and the remaining 4,000 metres planned to be completed by the end of the first quarter of 2020.
The drill program, consisting of 3,900 metres of core drilling in three holes, tested moderate to deep gold targets proximal to the North Stock deposit (see Figures 1 and 2). At this early stage, the drill program was a success as all three holes hit their intended targets and intersected favourable geological and structural settings.
Phoenix, Arizona--(Newsfile Corp. - October 30, 2019) - The Stock Day Podcast welcomed GFG Resources Inc. (OTCQB: GFGSF) ("the Company"), a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming. President and CEO of the Company, Brian Skanderbeg, joined Stock Day host Everett Jolly. Jolly began the interview by noting that the Company recently raised approximately $3.2 million. "How hard is it for ...
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces that it has closed the second and final tranche of the previously announced non-brokered private placement (the “Offering”) for gross proceeds of C$117,280. The total gross proceeds raised in the Offering was C$3,183,353.
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces that it has closed the first tranche of the previously announced non-brokered private placement (the “Offering”) for gross proceeds of C$3,066,073 million. “We are grateful for the support and confidence from our existing and new shareholders in our unwavering and disciplined pursuit to deliver shareholder value through discovery”, stated Brian Skanderbeg, President and CEO of GFG.
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces a non-brokered private placement to raise gross proceeds of up to C$3.7 million (the “Offering”). Each Unit shall consist of one common share of the Company (which shall not be a “flow-through share”) and one-half of one share purchase warrant, with each whole share purchase warrant (a “Warrant”) entitling the holder thereof to acquire one additional common share of the Company (which shall not be a “flow-through share”) at an exercise price of C$0.27 for a period of 24 months from the date of issuance.
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces the appointment of Mr. Brian Booth to the Board of Directors (the “Board”). Concurrently, Mr. Jonathan Awde has resigned from the Board to focus his efforts on other professional duties and business ventures. Mr. Patrick Downey, Chair of the Board, commented, “We thank Jon for his many contributions and strategic guidance in building GFG’s team and portfolio of assets and wish him the very best in his future endeavors.
GFG is the operator of the program and will receive a 10% management fee on the total expenditures. SASKATOON, Saskatchewan, July 09, 2019 (GLOBE NEWSWIRE) -- GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) has started its 2019 drilling program at its Rattlesnake Hills Gold Project in Wyoming, United States. The program will consist of approximately 5,000 to 6,000 metres of core drilling and is fully-funded by GFG’s partner, Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM) (“Newcrest”), through its option and earn-in agreement (see news release dated September 11, 2018: GFG Signs Option and Earn-In Agreement with Newcrest to Advance the Rattlesnake Hills Gold Project).
Highlights: Initial drilling at the Slate Rock target successfully outlined broad gold mineralization in hole PEN-19-025 grading 0.47 grams of gold per tonne (“g/t Au”) over.
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GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) is pleased to announce the results from its Phase 2 regional till sampling program which has successfully confirmed and extended regional gold targets and outlined new highly prospective areas at its 100% owned Pen Gold Project (“Project”) in Ontario, Canada. The Project is located 40 kilometres west of the prolific Timmins Gold Camp and is part of a consolidated, underexplored land package of approximately 680 square kilometres that includes the Dore Gold Project.
Highlights: Discovered new gold zone along the Porcupine-Destor Fault Zone (“PDFZ”) at the Crawford target in hole PEN-18-016 grading 21.26 grams of gold per tonne.