GFG Resources Inc. has announced compelling new drill results from its Aljo Gold Project, located within the company's Goldarm Property in Ontario's prolific Timmins Gold District. The findings from the final two holes of the Phase 2-2025 drill program demonstrate a substantial 150-meter eastern expansion of the gold mineralization system beyond historical mining boundaries.
Significant Step-Out Results Confirm Eastern Extension
The company's drilling campaign has yielded impressive results, with hole ALJ-25-037 returning 1.23 grams of gold per tonne over 16.0 meters, including a high-grade core of 7.23 g/t Au over 2.0 meters. This represents the first significant high-grade intercepts discovered east of the diabase dyke within the Hangingwall Zone, marking a breakthrough in understanding the property's geological potential.
Brian Skanderbeg, President and CEO of GFG Resources, emphasized the importance of these findings: "These eastern step-out results clearly validate our exploration strategy at Aljo. We're now seeing multiple holes returning high-grade gold at shallow depths well beyond the historical mine workings, demonstrating strong potential for expansion in multiple directions."
Program Highlights and Future Plans
The Phase 2-2025 drill program consisted of 12 holes totaling 2,650 meters, designed to confirm and expand gold mineralization across multiple zones. The successful step-out drilling to the east has materially expanded the footprint of the Aljo gold system and confirmed strong grade and structural continuity within a broad mineralized envelope extending 125-150 meters east of historic mine workings.
Key achievements from the program include:
- Successful extension of the Main Zone east of historical mine workings
- Multiple near-surface and stacked gold intercepts, including 2.23 g/t Au over 5.3 meters with a higher-grade section of 13.30 g/t Au over 0.5 meters in hole ALJ-25-038
- Confirmation of mineralization continuity supporting down-dip and strike expansion
- Validation of future larger step-out drilling approaches
Geological Context and Mineralization Details
The mineralization intersected in hole ALJ-25-037 consists of northeast-striking, sulphide-bearing quartz-carbonate veins and veinlets hosted within pillowed, amygdaloidal mafic volcanic flows and associated breccias. These geological features are proximal to intermediate porphyry dykes, providing important context for understanding the mineralization controls within the Aljo system.
The hole was collared in Hangingwall ultramafic rocks and intersected the mafic volcanic contact at 86 meters downhole, with the East Hangingwall Zone intersected at 132 meters downhole.
Forward-Looking Exploration Strategy
Building on these successful results, GFG Resources has announced an aggressive 6,000-meter follow-up drill program scheduled to resume in the first half of 2026. The company's strong balance sheet provides flexibility to advance the Aljo project while simultaneously funding district-scale exploration across the broader Goldarm portfolio.
"With over 6,000 meters of drilling planned for 2026 and preliminary metallurgical testing advancing, we believe Aljo is well positioned to continue evolving toward a significantly larger gold system," added Skanderbeg.
The Phase 2 program also included successful drilling in the Footwall Zones, extending the FW3 Zone up-dip and leading to the discovery of a new FW4 Zone, further demonstrating the property's exploration potential beyond the immediate Aljo area.
