GFG Resources Announces Promising Gold Drill Results from Aljo Project in Timmins
SASKATOON, Saskatchewan – GFG Resources Inc. has released significant findings 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. The results highlight both broad mineralization and high-grade gold intercepts that reinforce the project's potential.
Phase 2 Drilling Program Overview
The 12-hole, 2,650-meter drill program was designed to confirm and expand mineralization across multiple zones at the Aljo site. The campaign focused on the Main, Hangingwall (HW), and Footwall (FW) Zones, with objectives including confirming continuity, expanding mineralization at depth, and refining the geological model. The program also included 150-meter step-out holes to test potential eastern extensions of the system, with those assay results still pending.
Infill and step-out drilling successfully confirmed continuity in the Main and HW Zones while expanding mineralization at depth. The FW Zones saw both extension and confirmation of up-dip continuity in the FW3 Zone, along with the discovery of a new zone designated FW4.
Key Drill Results and Highlights
The drilling campaign yielded several notable intercepts that demonstrate the scale and quality of the Aljo gold system:
- ALJ-25-036: This hole delivered one of the strongest gram-metre results at Aljo to date, with a broad intercept of 1.01 grams of gold per tonne (g/t Au) over 51.5 meters, including a high-grade section of 6.36 g/t Au over 5.0 meters. This result confirms that the HW system remains open and well-mineralized below historical mine workings.
- ALJ-25-035: Representing the western-most test of the HW Zone to date, this hole intersected 10.45 g/t Au over 2.1 meters, including 22.90 g/t Au over 0.9 meters with visible gold.
- Infill Drilling Confirmation: Multiple holes confirmed continuity of high-grade mineralization within the HW and Main Zones, supporting the modeled geometry. Notable intercepts included ALJ-25-032 with 3.68 g/t Au over 4.5 meters (including 17.40 g/t Au over 0.5 meters with visible gold) and ALJ-25-031 with multiple stacked intercepts highlighted by 11.40 g/t Au over 0.8 meters in the Main Zone.
- FW Zone Expansion: Hole ALJ-25-018ext intersected 2.57 g/t Au over 2.0 meters at the bottom of the hole, indicating continued upside potential in the Footwall system and highlighting a growing secondary mineralized corridor.
Company Leadership and Future Plans
Brian Skanderbeg, President and CEO of GFG, commented on the results, stating, "This second phase of results continues to reinforce our confidence in the Aljo gold system. Infill drilling is doing exactly what it should – confirming continuity of high-grade gold mineralization within the Main and HW Zones – while deeper drilling continues to expand the FW system and deliver new zones of gold mineralization."
Skanderbeg added that GFG is well-financed and advancing an aggressive 2026 exploration program. This will include continued drilling at Aljo, step-out testing along strike and at depth, and a major regional push across the Goldarm Property supported by extensive sonic base-of-till sampling and diamond drilling of priority targets.
"Looking ahead, 2026 is shaping up to be a very active and exciting year for GFG," Skanderbeg noted. "I would like to sincerely thank our shareholders, First Nation partners, local communities, and our dedicated exploration team in Timmins for their continued support as we operate in one of the world's premier, infrastructure-rich gold camps—positioning the Company well to create value in a strong gold environment."
The Aljo Gold Project is situated in the Timmins Gold District of Ontario, a region renowned for its extensive gold mining history and infrastructure. GFG Resources Inc. trades on the TSX Venture Exchange under the symbol GFG and on the OTCQB under GFGSF.
