GFG Outlines New Large-Scale Gold-in-Till Anomaly at Goldarm; Expands Regional Exploration Program

GFG Resources Inc. (GFG) released an exploration update highlighting a new large-scale gold-in-till anomaly at its Hawker property, based on overburden geochemistry rather than bedrock drill assays. The anomaly, spanning approximately 2.5 km, was defined by widely spaced sonic holes with a spacing of roughly 1 km. Sonic hole GLM-R-073 returned 375 total gold grains over a 16.3 m till interval, with bedrock assays reporting up to 0.22 g/t Au over 3.0 m. Hessite (Ag-Te) was noted in heavy-mineral concentrates, though no specific drill intercepts were reported for this location.

At the Nahanni property, the company restated first-pass drill results from previously released data. These included 11.20 g/t Au over 0.7 m within 1.97 g/t Au over 6.2 m in the East zone; 5.12 g/t Au over 1.5 m within 0.20 g/t Au over 85.8 m in the Central zone; and 4.75 g/t Au over 1.0 m within 0.66 g/t Au over 9.0 m in the West zone. The update also noted sonic till anomalism with a strike of approximately 4 km, with some holes returning more than 30 grains per 10 kg. No new assays were provided for Nahanni. At the Carr property, two sonic holes returned more than 50 gold grains per 10 kg with anomalous bedrock gold, but no ore assays were reported.

New drill assays from the Aljo property, using a 0.20 g/t Au cut-off, were detailed in Table 1 of the release. The results for the ALJ-26 series are as follows:

• ALJ-26-039: 36.9 m @ 0.43 g/t Au (including 1.5 m @ 1.58 g/t Au); separately 11.5 m @ 0.70 g/t Au (including 1.5 m @ 3.33 g/t Au); also 10.5 m @ 0.20 g/t Au and 6.0 m @ 0.20 g/t Au. This extends the HW Zone to approximately 300 m vertical depth.
• ALJ-26-041: 7.7 m @ 0.90 g/t Au (including 1.7 m @ 3.17 g/t Au); plus 1.5 m @ 2.70 g/t Au and 3.7 m @ 0.36 g/t Au.
• ALJ-26-040: 16.0 m @ 0.46 g/t Au (including 2.0 m @ 1.14 g/t Au and 0.7 m @ 1.39 g/t Au); plus 3.0 m @ 0.52 g/t Au.
• ALJ-26-042: 2.0 m @ 1.49 g/t Au; 1.0 m @ 1.10 g/t Au; 4.0 m @ 0.27 g/t Au.
• ALJ-26-043: 4.0 m @ 0.34 g/t Au.
• ALJ-26-044: No significant intercept.

The release framed these new results against historical highlights, including ALJ-24-012 (13.94 g/t Au over 7.1 m), ALJ-25-030 (1.05 g/t Au over 71.0 m), and ALJ-25-029 (1.46 g/t Au over 14.3 m).

GFG Resources Inc. (GFG) is a grassroots-to-intermediate explorer with no NI 43-101 resource on its own properties; a 1.5 moz resource remains Barrick’s earn-in target at Pen. The baseline absence of resource, metallurgy, and cutoff certainty is normal at this stage.

The company reported approximately 55 g.m of new Aljo assays across five holes, including one blank. These results extend the HW Zone to approximately 300 m depth and confirm shallow HW East continuity. Additionally, a new 2.5 km Hawker till anomaly and Nahanni/Carr sonic anomalism were identified, representing target generation without assays.

The stock traded between C$0.14 and C$0.15 in the Oct-Dec 2025 window when the Aljo anchor (ALJ-25-030, 71.0 m @ 1.05 g/t) was published. It now sits at C$0.23, a 52-week high representing roughly a 60% increase from that base. The bulk of the price appreciation occurred between April and June 2026, coinciding with land consolidation on May 4, the Nahanni first-pass discovery on May 28, and the Barrick earn-in on Aug 25, rather than the Aljo extension. The current price reflects continued progress across the Goldarm story, embedding the Nahanni and Barrick narrative more than a repetition of the 2025 Aljo grade.

This release extends the Aljo footprint by depth and confirms continuity, while adding a new regional target. The net effect on the equity story is incremental.

GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) is a precious-metals explorer focused on the Timmins Gold District in Ontario. The company’s portfolio includes the 100%-owned Goldarm Property, which covers approximately 263 km² and features more than 30 km of strike along the Pipestone and North Pipestone deformation corridors. The property hosts the Aljo gold system, comprising the HW, Main, and FW zones, as well as regional targets including Montclerg, Nahanni, Hawker, Carr, Skutter, and Anton. Goldarm was consolidated through a WWCC earn-in agreement, under which GFG earned 100% interest in April 2026 following the issuance of 1,665,556 shares, a C$2.0 million exploration spend, and C$400,000 in assessment credits. The agreement includes up to a 2% net smelter return (NSR), with a 1% repurchase option.

The Pen Gold Project, spanning approximately 475 km², is subject to a Barrick earn-in. Barrick can earn a 60% interest by paying C$1.2 million in cash and funding C$17.68 million over six years, including a firm commitment of C$4.0 million and 5,000 meters of drilling within three years, with the goal of delivering a NI 43-101 resource of at least 1.5 million ounces of gold equivalent. Barrick can increase its stake to 70% upon completion of a preliminary economic assessment (PEA) and to 80% upon feasibility. GFG retains a 40% interest after the initial earn-in, while Barrick serves as the operator during the earn-in period. The company also holds the 100%-owned Dore Gold Project, a greenfield property.

Alamos Gold holds approximately 10.8% to 11.1% of GFG. The company has approximately 302.5 million shares outstanding, along with approximately 16.7 million warrants and 16.9 million options, resulting in a fully diluted share count of approximately 337.8 million. Management and the board include CEO Brian Skanderbeg, VP of Exploration Anders Carlson, CFO Rick Johnson, and VP of Business Development Marc Lepage.