GFG has obtained TSXV conditional approval for the acquisition of WWCC Gold Properties. CanadianBusinessJournal

Sascatoon, Saskathuwan, March 30, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“”GFG” or “society“) Is the International Explorers and Prospectors Inc. (“TSXV”) previously announced by the TSX Venture Exchange (“TSXV”).agreement”) Subject to certain existing burdens in order to acquire a 100% stake in 6,500 hectares of WWCC real estate (see press release dated February 24, 2022). We plan to conclude this agreement in the near future.

About GFGResources Inc.
GFG is a North American precious metal exploration company focused on district-wide gold projects in Tier 1 mining jurisdictions in Ontario and Wyoming. In Ontario, we operate three gold projects, each of which is a large and highly promising gold asset within the prolific gold district of Timmins, Ontario, Canada. The project has a similar geological setting that hosts most of the gold deposits found at Timins Gold Camp, which produced over 70 million ounces of gold. We also own 100% of the Rattlesnake Hills Gold Project, a district-wide gold exploration project located approximately 100km southwest of Casper, Wyoming, USA. The company’s Rattle Snake Hills Gold Project with technology that could revolutionize the gold mining industry.

For more information, please contact:

Brian Skanderbeg, President and CEO
Phone number: (306) 931-0930
Marc Lepage, Vice President of Business Development
Phone number: (306) 931-0930

Stay connected with us
Twitter: @GFGResources

Attention regarding information regarding future prospects

All statements except historical facts contained in this news release are “forward-looking information” in the sense of applicable Canadian securities law and “forward-looking information” in the sense of the Private Securities Litigation Reform Act. Configure the description. 1995 (referred to as “forward-looking statements” in this book). Forward-looking statements include our future exploration plans regarding asset profits and timing, future nature of the project, future gold prices, and successful exploration activities and metallurgical testing operations. Not limited. Timelines, exchange rate fluctuations, additional capital requirements, government regulations on exploration work, environmental risks, unexpected rehabilitation costs, title disputes or claims, and insurance coverage restrictions. In general, these forward-looking statements refer to forward-looking terms such as “plan,” “expect,” “not expect,” “expected,” “budget,” “plan,” and “estimate.” Can be identified using. , “Predict”, “Intention”, “Expect”, “Unexpected”, “Believe”, or their negative implications, or variations of such words or phrases, or specific actions, events, As a result, “possible”, “done”, “would”, “do”, “may”, “taken”, “occur”, “achieved”, or their denial Meaning.

All forward-looking statements make various assumptions such as management expectations and beliefs, expected long-term prices for gold, access to the permits and surface rights we need, and access to us. Is based. Financing, adequate equipment and sufficient workforce, and the political environment in Canada and the United States continue to support the development of mining projects in Canada and the United States. In addition, the similarity or proximity of other gold deposits to our projects indicates the geological setting, alteration, and mineralization of the Rattlesnake Hills Gold Project, Goldarm Properties, Pen Gold Project, and Dore Gold Project. No need to.

Forward-looking statements are not limited to known and unknown risks, uncertainties, and actual GFG results, activity levels, performances, or outcomes: actual results of current exploration activities. Environmental risks; Future prices of gold; Operational risks; Mining accidents, labor problems and other risks. Capital availability, government approval or funding delays. And other risks and uncertainties. These risks and uncertainties are not exhaustive and should not be construed as exhaustive.

GFG has sought to identify key factors that could cause actual results to differ materially from those contained in the forward-looking statements, but would cause the results to be unpredictable, estimated, or not as intended. There may be other factors. Actual results and future events may differ materially from those expected in such statements, and there is no guarantee that such statements will be accurate. In addition, forward-looking statements are provided solely to provide information about management’s current expectations and plans and to help investors and others better understand our business environment. increase. Therefore, readers should not place undue reliance on forward-looking statements.

Forward-looking statements in this news release have been prepared as of the date of this document and GFG undertakes no obligation to update any forward-looking statements, except as required by applicable law. increase.

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GFG has obtained TSXV conditional approval for the acquisition of WWCC Gold Properties. CanadianBusinessJournal

Source link GFG has obtained TSXV conditional approval for the acquisition of WWCC Gold Properties. CanadianBusinessJournal

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