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GFG Resources drilling near Timmins

Exploration program aiming to further define mineralization
gfg_resources_timmins
GFG Resources has begun a 3,500-metre drill program at its Pen Gold Project, located 40 kilometres west of Timmins. (Supplied photo/GFG Resources)

GFG Resources has started a 3,500-metre drill program at its Pen Gold Project 40 kilometres west of Timmins.

The program, a follow-up to drilling done in 2019, will further explore the Slate, Rock, HGM, Crawford, and Nib targets.

“We are excited to resume drilling at Pen as we follow up a very successful 2019 where we made a new discovery, expanded and identified new gold targets, and drilled multiple economic intercepts at district-scale targets,” said company president-CEO Brian Skanderberg in a Feb. 19 news release.

“Meanwhile, we will continue to advance earlier staged targets that have seen limited drill testing such as the Broadway and Boundary targets.”

Highlights of the 2019 program include hole PEN-19-40, which intersected 2.29 grams per tonne gold over 2.5 metres at Broadway, and hole PEN-19-041, which intersected altered feldspar-porphyry at the Crawford target, which graded 8.70 g/t Au over 0.6 metres.

GFG said the current drill program should be complete by April. It then plans to complete prospecting, mapping and till sampling over the summer, followed by a second, 3,500-metre drill program toward the end of the year.

In addition to its work on the Pen and Dore gold projects in Timmins, Saskatoon, Sask.-based GFG has partnered with Newcrest Mining Ltd. through an option and earn-in agreement to advance the Rattlesnake Hills Gold Project.