GFG's Dual Gold Strategy: Proving a Mine, Hunting a Monster in Timmins

SASKATOON, SK – November 27, 2025 – In the high-stakes world of junior gold exploration, capital is king and strategy is the queen. GFG Resources Inc. (TSXV: GFG) demonstrated a masterful command of both this week, unveiling a two-pronged strategy in Ontario's prolific Timmins Gold District. The company announced significant drill results that both expand and de-risk its known Aljo Gold Project, while simultaneously launching an aggressive, large-scale hunt for an entirely new discovery across its vast Goldarm Property.

This dual approach—methodically proving up a known asset while swinging for the fences on untested ground—is a calculated use of capital that separates savvy operators from the pack. Backed by a recently closed and oversubscribed financing of over C$4.1 million, GFG is deploying funds to not only add ounces at Aljo but also to systematically unlock the potential of a 15-kilometre stretch of the legendary Pipestone Fault, a major gold-hosting structure in a district that has already produced over 70 million ounces of gold.

Expanding Aljo's Golden Footprint

The latest assay results from GFG's Aljo project confirm what the company has long suspected: it is sitting on a robust and expanding gold system. The headline number from drill hole ALJ-25-030 is a wide intercept of 1.05 grams of gold per tonne (g/t Au) over an impressive 71.0 metres, starting just 11.5 metres from the surface. While the grade is modest, the sheer width and near-surface nature of the mineralization are economically significant, pointing toward the potential for a bulk-tonnage, open-pit mining scenario.

Buried within this broad zone are higher-grade intervals, including 7.51 g/t Au over 3.0 metres and 6.39 g/t Au over 2.0 metres, which provide a high-grade sweetener. As Brian Skanderbeg, President and CEO of GFG, stated, the results confirm “both high-grade veins and broader bulk-tonnage style mineralization within this productive gold system.”

Beyond confirming the main mineralized zones, drilling also delivered a new discovery. Hole ALJ-25-029 successfully extended the known Footwall 3 (FW3) zone and, more importantly, discovered an entirely new zone, FW4, which assayed 4.22 g/t Au over 1.5 metres. The discovery of new, parallel zones at depth indicates the system's plumbing is far more extensive than previously understood.

“It’s clear we have not yet defined the limits of this system, and these results highlight meaningful opportunities for growth,” Skanderbeg added. This methodical work at Aljo serves the critical purpose of de-risking the project, building a potential resource, and creating a tangible asset that underpins the company's valuation. With drilling set to resume in Q1 2026, the market will be watching closely for further expansion along strike and at depth.

The Hunt for a New Discovery Under the Till

While the Aljo results provide a solid foundation, the most ambitious part of GFG's strategy lies in its regional exploration program. The company has initiated a 90-hole sonic drill program and a 2,000-metre diamond drill program across the wider Goldarm Property. This isn't just exploratory poking; it's a systematic, science-driven campaign designed to overcome one of the region's biggest geological challenges: glacial till.

Much of the Goldarm Property, despite its prime location along the Pipestone Fault, is blanketed by 10 to 50 metres of glacial sediment, effectively hiding the bedrock geology from traditional prospecting. This till cover has left a massive, highly prospective area of the Abitibi Greenstone Belt—one of the most richly endowed geological formations on Earth—critically underexplored.

GFG is employing modern techniques to “see through” this cover. The sonic drill program will systematically collect base-of-till (BOT) and bedrock samples, analyzing them for gold grains and pathfinder elements. This geochemical sleuthing can create a map of mineral dispersal trains, pointing back to their bedrock source. It's a high-tech, geological treasure hunt.

As Anders Carlson, GFG's Vice President of Exploration, explained, “The over 200 square kilometre Goldarm Property is almost completely obscured by...glacial till, masking some of the most prospective and underexplored portions of the Abitibi Greenstone Belt... Our goal over the next 1-2 years is clear; generate new stand-alone gold discoveries across this underexplored belt.” This represents the high-reward side of GFG's strategy, targeting a game-changing new discovery that could dwarf the known mineralization at Aljo.

Capital Fuels the Current

An ambitious strategy is meaningless without the capital to execute it. GFG secured its war chest through a series of private placements in October and November, raising over C$4.1 million. The financing was notably oversubscribed and saw continued participation from institutional players, including Alamos Gold Inc., which increased its ownership stake to approximately 11.1%. This level of support from a senior gold producer serves as a powerful third-party endorsement of GFG’s assets and strategy.

This fresh capital provides a clear runway for the company to aggressively pursue both its Aljo expansion drilling and the multi-year regional program at Goldarm. Operating within the Timmins district provides significant infrastructure advantages—including proximal mills, roads, and power—that reduce costs and logistical hurdles, allowing exploration dollars to be stretched further.

While the company's share price has remained relatively stable following the news, reflecting a cautious junior mining market, the strategic moves being made are what long-term investors watch for. By proving up a tangible asset at Aljo, GFG provides a value floor, while the systematic hunt across Goldarm offers significant upside potential. The company is not just drilling holes; it is executing a well-funded, multi-faceted plan to build value in one of the world's premier addresses for gold. With a robust pipeline of targets and cash in the bank, the stage is set for a catalyst-rich 2026.