GFG Resources Inc. has reported promising initial assay results from its Phase 2-2025 drilling campaign at the Aljo Gold Project, located within the company's Goldarm Property in Ontario's prolific Timmins Gold District.
Significant Gold Intercepts Revealed
The 12-hole, 2,650-meter drill program was designed to confirm and expand mineralized zones across the Main, Hangingwall, and Footwall corridors. The results have delivered several impressive intercepts that highlight the project's potential.
Among the most notable findings was a broad, near-surface gold intercept from the Hangingwall Zone, returning 1.05 grams of gold per tonne over 71.0 meters from 11.5 meters down-hole. This interval included higher-grade sections of 7.51 g/t Au over 3.0 meters and 6.39 g/t Au over 2.0 meters in hole ALJ-25-030.
Additional strong results came from hole ALJ-25-029, which intersected 1.46 g/t Au over 14.3 meters, including a high-grade section of 9.36 g/t Au over 1.0 meter with visible gold observed.
Expansion and New Discoveries
The drilling program successfully expanded the Footwall 3 (FW3) Zone, which is hosted in strongly-altered basalt with porphyry dykes and quartz-carbonate veins. Assays from this zone included 1.15 g/t Au over 6.5 meters from 335.0 meters depth, featuring a peak value of 4.13 g/t Au over 0.7 meters.
Perhaps most exciting was the discovery of a new mineralized zone, designated FW4, located approximately 50 meters down-hole from the FW3 Zone. This new discovery, hosted in strongly-altered mafic volcanic flow breccia, delivered a peak assay of 4.22 g/t Au over 1.5 meters in hole ALJ-25-029.
Aggressive Regional Exploration Program
Beyond the Aljo Project results, GFG has initiated an ambitious regional exploration program across the Goldarm Property. The company has launched a 90-hole sonic drill program focused on systematic base-of-till and bedrock sampling, targeting new gold discoveries proximal to the Pipestone Fault.
This marks the beginning of a multi-year exploration campaign designed to evaluate regional gold potential across a 15-kilometer strike length of the Pipestone and associated fault corridors. The program will collect glacial till and top of bedrock samples at wide spacing ranging from 0.5 to 2.0 kilometers.
In parallel with the sonic drilling, GFG will commence a 2,000-meter diamond drill program in early December to test new high-priority regional targets that have been identified as part of the company's growing target pipeline.
Brian Skanderbeg, President and CEO of GFG, expressed optimism about the results, stating: "The first two holes successfully infilled the Main and Hangingwall zones, extended the FW3 discovery from earlier this year, and confirmed both high-grade veins and broader bulk-tonnage style mineralization within this productive gold system."
Skanderbeg emphasized that Aljo will remain a key focus with drilling set to resume in Q1 2026, while the company advances its regional program across the Goldarm Property beginning in late November. He noted that with a strong balance sheet following recent successful financing, a robust pipeline of targets, and the advantage of operating in the infrastructure-rich Timmins Gold Camp, GFG is well-positioned to build value through the remainder of 2025 and into 2026.
