Home > News > GFG Begins Drilling and...

GFG Begins Drilling and Outlines 2019 Exploration Program at its Pen Gold Project West of Timmins, Ontario

Feb 28, 2019

 

 
GFG Resources Inc., the Saskatoon-based gold exploration company, has started the first phase of its 8,000 metre 2019 drill program at its 100% owned district scale Pen Gold Project located 20 kilometres west of the Timmins West gold complex in Ontario.
 
The Phase 1 drill program will consist of approximately 4,000 metres testing six new targets in the Reeves, Jehann, Deerfoot and Slate Rock regions. The Phase 2 drill program of approximately 4,000 metres is anticipated to begin in the third quarter.
 In addition to the 2019 drill programs, the GFG Resources will conduct additional regional till sampling, ground geophysics, prospecting and mapping on its 475-square-kilometre Pen Gold Project.
 
“We had a very productive and successful 2018 that included developing a new district model, identifying and confirming highly prospective target corridors and intersecting high-grade gold results from our inaugural drill program, " said Brian Skanderbeg, President and CEO  of GFG Resources.
 
" In 2019, we will build off this success and are excited to be able to dedicate more resources into drilling with the overall objective of testing a broad spectrum of district-scale targets," added Skanderbeg. "Our 2019 Phase 1 drill program is designed to test six targets that are located on important regional structures and have all the geological hallmarks that host the multi-million-ounce gold deposits in the Timmins gold district.”
 
GFG's 2019 exploration program will be a very exciting and catalyst-rich year as they execute aggressive drill programs at both the Pen Gold Project and the Rattlesnake Hills Gold Project, each having the potential to yield gold discoveries.
 
2019 Drill Program  
In 2019, the Company plans to drill approximately 8,000 metres in two phases at the Pen Gold Project, located west of the prolific Timmins gold district.
 
The Phase 1 drill program will consist of approximately 4,000 metres in 13-15 holes ranging in length from 150 to 300 metres with the objective to test six highly prospective targets in the Reeves, Jehann, Deerfoot and Slate Rock region. The six drill targets have seen no historic drilling and have been generated from the Company’s 2018 systematic integration of geological, geochemical, structural and geophysical datasets. The Phase 1 drill program has started and is expected to be completed in April. 
 
The Phase 2 drill program will consist of approximately 4,000 metres of drilling and is expected to begin in the third quarter of 2019.
 
For more information: https://gfgresources.com