GFG Resources Inc.
Primary Ticker: TSXV: GFG OTCQB: GFGSF
Stage of Development: Exploration
Primary Minerals: Gold
Country / Region: Canada
Market Cap 40M
Website: GFG Resources Inc.
Company Profile:
Gold explorer with 3 district scale assets in Timmins Gold District in Ontario, Canada. Projects are adjacent to Agnico, Newmont, IAMGold, Pan American, McEwen, Mayfair and Onyx.
A trusted team with a proven track record in exploration, development and production. Transformed our last company from a C$20M market cap to C$700 when we sold it to SSRM Mining.
Strategic investment by Alamos Gold & back by Lundin Family Fund, Gold 2000, US Global to name a few.
Management Profile:
Brian Skanderbeg - President & CEO
Prior to GFG, Brian was the President and CEO of Claude Resources Inc. which was acquired by Silver Standard Resources Inc. in 2016. He previously worked for Goldcorp, Inco Ltd. and Helio Resources, holding positions in both exploration and operations. Mr. Skanderbeg is also a director of Wesdome Mines. He holds a B.Sc. from the University of Manitoba and an M.Sc. from Rhodes University, South Africa. He brings extensive experience in the exploration and evaluation of gold systems, operational management, cost and asset optimization and strategic analysis.
What is your rationale for taking part in 121 Mining Investment?
Looking for new investors, provide an update on our new high-grade gold system we are currently drilling, introduce our new Muskego gold target which we believe could be the next big gold discovery
What recent news would you like to highlight to investors attending?
GFG Drills High-Grade Gold at Aljo, 6.62 g/t Gold over 11.2 m
GFG Extends Gold Mineralization to Depth and Confirms Multiple High Grade Vein Systems with 23.08 g/t Gold over 7.6 m at the Aljo Target - Main Zone
GFG Drills 13.94 g/t Gold over 7.1 m with Significant Visible Gold at the Aljo Mine Target
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Announce drilling results our Aljo Gold Project and from our Goldarm project where drilling will begin in November
6 Months:
Announce results from our drill programs at Aljo and Goldarm projects
12 Months:
Continue to aggressively advance the Aljo Gold Project towards initial resource
Move Montclerg through metalurgical test work and advance to resource stage
Drill high priority greenfield gold targets
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Market volatility, lack of investor interest in juniors
We have the support of top shareholders like Alamos Gold, we have increased our marketing budget, we have ~$5 million in cash, providing several catalysts over the next 12 months.
What do you think makes your company such a compelling investment?
An excellent team that you can trust
Operating in one of the best jurisdictions in the world
Backed by Alamos gold and many other strong institutions
Have two gold projects close to resource stage
Offer the opportunity in the near term to make a new significant gold discovery
What are the top 3 key investor takeaways?
A great team that has done before
Second largest land owner in the Timmins Gold District with two projects advancing to resource stage
Backed by some of the best corporates and investors in the industry
