GFG Resources Plans 2,500 Meters of Additional Drilling at Aljo Gold Target
Bitget2026/11/02 07:11- GFG Resources completed CAD 8.1 million in financing, bringing available funds to approximately CAD 11 million with other recent transactions.
- Alamos Gold participated in the financing to maintain its approximately 10.8% ownership interest.
- Proposed exploration spending at Pen totals approximately USD 4 million over the coming 15 months under Barrick's earn-in agreement.
- The company plans approximately 2,500 meters of additional drilling at Goldarm's Aljo target to test extensions along strike and at depth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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