GFG Resources begins 3,000-metre drill program at Aljo

Executive Summary

• GFG Resources launched a 3,000‑metre Phase 2 diamond drill program at the Aljo gold project to confirm grade continuity and expand both hanging‑wall (HW) and foot‑wall (FW) corridors, including the new FW3 discovery.
• High‑grade intercepts reported to date include 23.08 g/t Au over 7.6 m (ALJ‑24‑012), 13.94 g/t Au over 7.1 m (ALJ‑24‑012) and 7.26 g/t Au over 0.6 m (ALJ‑24‑019).
• Parallel regional work is advancing a ~10 km Pipestone deformation corridor at Goldarm and priority targets at the Pen project (Chabot and Muskego), with additional surface, geophysical and sonic programs planned through H2 2025 and Q1 2026.

Key Details

• Program Scope: 3,000 m of drilling at Aljo; infill on 40‑60 m spacing around high‑grade zones; stepouts of 30‑50 m (HW) and larger 100‑200 m (east HW trend).
• Main Zone Intercept: 23.08 g/t Au over 7.6 m (ALJ‑24‑012); additional historic intercepts include 13.35 g/t Au over 3.6 m and 32.94 g/t Au over 1.4 m.
• HW Zone Intercepts: 13.94 g/t Au over 7.1 m (ALJ‑24‑012); 6.62 g/t Au over 11.2 m (ALJ‑24‑020).
• FW Corridor (FW3) Intercept: 7.26 g/t Au over 0.6 m (ALJ‑24‑019); target to bridge gap to ALJ‑23‑004 (13.35 g/t Au over 3.6 m).
• Regional Pipeline – Goldarm: ~10 km Pipestone deformation corridor; surface geochemistry, geophysics, sonic base‑of‑till and top‑of‑bedrock drilling scheduled H2 2025–Q1 2026.
• Pen Project – Chabot: Recent intercept 4.06 g/t Au over 4.2 m (PEN‑25‑100); historic grab samples up to 13 g/t Au.
• Pen Project – Muskego: Integrated drilling, IP and sonic data highlight altered porphyry intrusive suite along Destor‑Porcupine fault; drill‑ready target ranking ongoing.
• Near‑Term Catalysts:
• Drill results from Aljo expected over the next two quarters.
• Completion of Pipestone surface/sonic campaigns by Q1 2026, with select anomalies moving to drilling.
• Finalization of drill plans at Chabot and Muskego pending permitting/logistics.
• Quotes:
• Brian Skanderbeg (President & CEO): Emphasized grade continuity, room to grow, and multiple catalysts through 2025‑2026.
• Anders Carlson (VP Exploration): Highlighted geological model advancement and the value of stacked vein arrays and fertile volcanic stratigraphy.

Notable Quotes

• “Aljo continues to check the boxes we look for in Timmins — grade, continuity and room to grow.” – Brian Skanderbeg, President & CEO
• “We’re very pleased to resume drilling at the Aljo target…the stacked vein arrays … have led to widespread gold mineralization that we will continue to unlock value from with each successive drill hole.” – Anders Carlson, Vice‑President Exploration