GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) has announced the staking of 474 additional mineral claims at its wholly owned Goldarm Property in the Timmins Gold District, Ontario. This expansion increases the property's size by approximately 96 square kilometers, or 57%, bringing the total to around 263 square kilometers.
Expansion Driven by Encouraging Preliminary Results
The newly staked claims are supported by promising early results from the company's regional sonic drilling program, combined with geochemical, geophysical, and structural interpretations. The expansion increases coverage along the North Pipestone Fault corridor, a highly prospective and underexplored structural trend.
Key highlights include:
- 474 mineral claims staked, expanding Goldarm by ~96 km² (57%) to a total of ~263 km²
- Expansion driven by encouraging preliminary results from 82 regional sonic base-of-till drilling holes
- Increased coverage along the North Pipestone Fault corridor
- Targeting supported by NE-oriented structural controls, fertile stratigraphy, and intrusive activity
- Builds on GFG's recent consolidation of the WWCC land position
- Majority of BOT grain count and diamond drill assay results remain pending, providing near-term catalysts
- Drilling has resumed at the Aljo Gold Project with a plan of 6,000 meters in 2026
Management Commentary
Brian Skanderbeg, CEO of GFG Resources, stated: "The addition of these claims represents an important strategic step in consolidating our district-scale land position in the Timmins Gold Camp. Acquiring new areas through staking remains the most cost-effective way to grow a company's footprint, and these claims meaningfully enhance our position across Goldarm. Importantly, this expansion is being driven by encouraging early results from our regional sonic program and integrated geological interpretations, which continue to highlight new areas of interest across the Property. We believe this positions GFG with a strong pipeline of discovery opportunities, while advancing other brownfield targets such as Aljo toward resource-scale definition."
Strategic Rationale
The new claims were staked following encouraging preliminary results from GFG's ongoing regional sonic BOT drilling program, designed to systematically evaluate covered portions of the property along key structural corridors. A total of 82 sonic holes have been completed across the property, including 74 holes at WWCC, 4 at Montclerg, and 4 at Aljo.
The program was designed with wide spacing to efficiently vector toward bedrock gold sources across underexplored areas. Initial results, integrated with geochemical, geophysical, and structural datasets, have highlighted multiple areas of interest associated with NE-oriented structural corridors, favorable mafic volcanic stratigraphy, and prospective intrusive corridors—a geological setting consistent with gold mineralization elsewhere in the Timmins camp. These results have also contributed to the company's recent consolidation of the WWCC land position, further strengthening GFG's control across a highly prospective portion of the district.
The company will host a live webinar on May 6, 2026, to discuss its exploration programs and future plans.
