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GFG Resources Drills 22.9 Metres of 0.95 g/t Gold at Rattlesnake Hills Project in Wyoming
Highlights: Extended gold mineralization 100 metres to the west at North Stock in RSR-019 that intersected 0.95 g/t Au over 22.9 metres and hosted visible gold.
About this update from Gfg Resources, Inc.
[{"type":"text","content":"Highlights: Extended gold mineralization 100 metres to the west at North Stock in RSR-019 that intersected 0.95 g/t Au over 22.9 metres and hosted visible gold. Hole RSR-011, a 130 metre step-out hole, extends gold mineralization to the west, returning 0.88 g/t Au over 18.3 metres and 0.59 g/t Au over 53.3 metres. System remains open to the west. Hole RSR-014, highlighted by 0.88 g/t Au over 27.4 metres and 0.40 g/t Au over 64.0 metres, expanded the southwestern extension of the North Stock deposit by 75 metres. Hole RSC-186 was a 200 metre step-out hole to the east from the North Stock deposit and demonstrated the system continues and remains open. The Company has completed approximately 90% of the 2017 drill program or 43 holes and has three holes that remain to be drilled. The program is expected to be completed in the coming weeks and assays will be released as they become available. SASKATOON, Saskatchewan, Nov. 14, 2017 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V:GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces further drill results from its ongoing 2017 exploration drill program at its 100% controlled, Rattlesnake Hills Gold Project in Wyoming, United States. The 2017 exploration program was designed to take an aggressive, district scale approach by testing beyond the boundaries of historic drilling and evaluating new targets in the district that have similar geologic traits to North Stock and Antelope Basin. Year to date, step-out drilling has successfully proven that the known gold deposits remain open and continue to grow. Brian Skanderbeg, President and CEO, commented, “Step-out drilling in the brownfield environment continues to expand gold mineralization and outline the scale of the deposits. We have now demonstrated that the North Stock deposit has a strike length of approximately 750 metres and remains open to the west and southwest. Drilling in the Middle Ground between North Stock and Antelope Basin continues to return economic intercepts which highlight the potential to link the two deposits and outline a system that is approximately 1.1 kilometres in length. Based on the exploration success in the brownfield areas, we have reallocated some greenfield drilling metres to focus on the Middle Ground and along the eastern flank of Antelope Basin. Drill success in these areas would materially impa...