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GFG strengthens team with new vice president, exploration

Natalie Pietrzak-Renaud to oversee exploration work in the Timmins gold district
GFG Resources drill pad 1
(GFG Resources photo)

GFG Resources Inc. is pleased to announce the appointment of Ms. Natalie Pietrzak-Renaud as Vice President, Exploration effective immediately. Ms. Pietrzak-Renaud will be responsible for leading the Company’s exploration programs at its gold projects in the prolific Timmins gold district in Ontario, Canada.

Natalie is a Professional Geologist with over 20 years mineral exploration experience in the Americas. She has extensive experience in managing and developing exploration programs and has worked on world class deposits including Fruta del Norta gold project, Equador (Lundin Gold) and the Strange Lake rare earth element deposit (Torngat Metals), Quebec Canada. She has also worked in other known deposits such as the Coffee gold project, Yukon (Newmont Goldcorp), and the Renard pipe (Stornoway diamonds). Most recently she was Vice President, Exploration for E2Gold Inc. Natalie’s technical expertise and work experience is founded in many different commodity types of which has been predominantly in gold. She holds a Bachelors, Masters and PhD. in Geology from Western University, Ontario with specialization in ore deposit modelling and geometallurgy.

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“We are pleased to welcome Natalie to the GFG team, to our leadership team,” stated Brian Skanderbeg, President and CEO. “Natalie’s significant experience and expertise in greenfield targeting and exploration will add considerable value to our efforts to uncover the significant geological opportunity in our Timmins gold portfolio.” In connection with Ms. Pietrzak-Renaud’s appointment and pursuant to the Company’s stock option incentive plan, the Company granted Ms. Pietrzak-Renaud incentive stock options to purchase 400,000 common shares of the Company.

These stock options vest over two years and are exercisable for a period of five years at a price of C$0.11 per common share. The stock options are subject to the terms of the Company’s stock option plan and regulatory approval.

GFG is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming. In Ontario, the Company operates three gold projects, each large and highly prospective gold properties within the prolific gold district of Timmins, Ontario, Canada. The projects have similar geological settings that host most of the gold deposits found in the Timmins Gold Camp which have produced over 70 million ounces of gold. The Company also owns 100 per cent of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100 km southwest of Casper, Wyoming, U.S. In Wyoming, the Company has partnered with Group 11 through an option and earn-in agreement to advance the Company’s Rattlesnake Hills Gold Project with a technology that could revolutionize the gold mining industry.