GFG Outlines New Large-Scale Gold-in-Till Anomaly at Goldarm; Expands Regional Exploration Program Expanded program includes 4,000 m at Aljo and continued advancement of key regional targets, including Nahanni, Carr and Hawker

Media Release

TSX.V: GFG | OTCQB: GFGSF

GFG Outlines New Large-Scale Gold-in-Till Anomaly at Goldarm;

Expands Regional Exploration Program

Expanded program includes 4,000 m at Aljo and continued advancement of key regional targets,

including Nahanni, Carr and Hawker

September 22, 2026 – Saskatoon, Saskatchewan, Canada – GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF )

(“GFG” or the “Company”) provides an update on its 2026 exploration activities and announces an expanded exploration

program at its 100%-owned Goldarm Property (“Goldarm” or the “Property”) in the Timmins Gold District of Ontario. (See

Figures 1-6)

Results from the Company’s 82-hole sonic overburden drilling program, integrated with diamond drilling, till geochemistry,

biogeochemistry and geological interpretation, continue to strengthen GFG’s regional targeting model and have identified

multiple priority areas for follow-up.

Most notably, work at Hawker has outlined a large, multi-kilometre gold-in-till and bedrock anomaly while continued work

at Nahanni has expanded the exploration opportunity beyond the areas tested by first-pass diamond drilling earlier this year.

Together with a growing pipeline of earlier-stage targets, these results reinforce GFG’s view that significant portions of

Goldarm remain underexplored and provide multiple opportunities for new gold discoveries beneath extensive glacial cover.

Importantly, this regional discovery upside is complemented by Aljo, where strong drill continuity and an increasingly well-

defined mineralized system provide an opportunity to systematically expand a proven gold system and advance it toward a

maiden resource.

Highlights:

• Hawker emerging as a compelling new discovery target. Sonic drilling has outlined a broad, approximately 2.5

kilometre (“km”) long gold-in-till anomaly across a favourable package of volcanic rocks and multiple regional

structural corridors.

• Exceptional gold-grain response at Hawker remains open. Sonic hole GLM-R-073 returned 375 total gold grains

over 16.3 metres (“m”) till interval, with strong anomalism extending through the till profile to bedrock. Importantly,

GLM-R-073 is the northernmost hole drilled at Hawker and the northernmost hole of GFG’s entire 82-hole sonic

program.

• Recent sonic anomalies validate Nahanni as a new gold discovery corridor. First-pass drilling intersected gold

mineralization at all three target areas tested across an approximately 6 km corridor, including a peak result of 11.20

grams of gold per tonne (“g/t Au”) over 0.7 m within 1.97 g/t Au over 6.2 m. Subsequent sonic drilling has identified

widespread gold-in-till anomalism along approximately 4 km of strike, including priority anomalies that remain

untested by diamond drilling.

• Regional pipeline of gold targets continues to grow. Carr and several additional targets are being advanced

through integrated sonic drilling, till geochemistry, biogeochemistry, prospecting and geological interpretation,

while approximately 1,100 additional tree-bark samples are planned across broad portions of Goldarm.

• Strong continuity and growth potential at Aljo. Recent drilling has extended the Hangingwall (“HW”) Zone to

approximately 300 m vertically, where it remains open, and has improved the Company’s understanding of the

geometry and continuity of the mineralized system.

• 4,000 m of additional drilling at Aljo. The next phase will begin in Q4 with a focus on expansion at depth and

testing the eastern and northwestern extensions of the broader Aljo system.

• Multiple value drivers. With Barrick funding and operating exploration at the Pen Gold Project, GFG is positioned

to focus its treasury and technical resources on its 100%-owned Goldarm discovery platform while retaining

significant exposure to exploration success at Pen.

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Brian Skanderbeg, President and CEO of GFG, commented, “Our regional work is increasingly demonstrating the

discovery potential and optionality we have across Goldarm. Hawker has quickly developed into one of the most compelling

undrilled targets on the Property, with a large gold-in-till footprint, strong multi-element geochemistry, favourable

structures and our strongest gold-grain response occurring at the northern edge of the current sonic drill coverage. Further

overburden and bedrock drilling will be used to refine and vector in preparation for diamond drilling in Q1.

“At Nahanni, first-pass drilling already confirmed a new gold-bearing corridor over six kilometres, and our subsequent

sonic work is identifying additional anomalies outside the areas tested to date. This is exactly what our regional exploratio n

strategy is designed to do — use multiple datasets to identify large prospective systems, progressively refine the best targets

and advance them toward drilling.

“With Aljo continuing to grow, Hawker advancing toward initial drilling, Nahanni moving into follow-up and a deep

regional pipeline developing behind them, we believe Goldarm provides GFG with multiple opportunities to make

meaningful new discoveries. Combined with Barrick funding exploration at Pen, GFG is very well positioned to aggressively

pursue discovery and build value across our Timmins portfolio.”

Goldarm – Building a District-Scale Discovery Pipeline

Goldarm encompasses approximately 263 km², more than 30 km of prospective strike and extensive portions of the

Pipestone and North Pipestone deformation corridors within the Timmins Gold District.

Large areas of Goldarm are concealed beneath glacial cover and have received limited systematic historical exploration.

GFG is using an integrated exploration approach combining:

• sonic base-of-till and top-of-bedrock drilling;

• conventional till sampling;

• biogeochemical sampling;

• prospecting and geological mapping;

• geophysical and structural interpretation; and

• diamond drilling.

This strategy is designed to progressively advance targets from large regional anomalies to focused, drill-ready

opportunities.

The Company’s 82-hole sonic program has already identified multiple new gold and alteration trends and has played an

important role in advancing Hawker, Nahanni, Carr and other emerging regional targets.

Hawker – Large-Scale Anomaly Advancing Toward Drilling

Hawker has emerged as one of GFG’s highest-priority regional discovery opportunities, approximately 6 km north of

Nahanni, where a prospective package of mafic to felsic volcanic rocks is positioned adjacent to a large fault-bound

sedimentary basin and several regional high-strain corridors. Widely spaced sonic drilling has defined a broad gold-in-till

and bedrock anomaly extending across an approximately 2.5 km trend. With drill-hole spacing averaging approximately 1

km, the anomaly remains relatively unconstrained and provides significant opportunity for additional target refinement and

vectoring toward priority areas for future diamond drilling.

Multiple holes have returned elevated gold-grain counts in till, together with anomalous gold in bedrock of up to 0.22 g/t

Au over 3.0 m. The strongest response was returned from GLM-R-073, which yielded 375 total gold grains over a 16.3 m

till interval, with consistently strong anomalism through the till profile to bedrock at 39.6 m. Significantly, GLM-R-073 is

both the northernmost hole drilled at Hawker and the northernmost hole completed during GFG’s entire 82-hole sonic

program. The strength and location of the anomaly leave the target open toward the interpreted up-ice source and into a

largely untested northern stratigraphic panel.

Hawker is further supported by:

• a strong Au-Ag-Te-S geochemical association;

• multiple prospective regional structural corridors;

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• high-strain zones with alteration, sulphidation, brecciation and veining;

• hessite (Ag-Te) identified in heavy mineral concentrates along with gold; and

• geochemical responses that compare favourably with benchmark signatures associated with known gold systems at

Aljo and Montclerg.

The next phase of work will include infill biogeochemical sampling and targeted reverse circulation (“RC”) till drilling

designed to better define the anomaly, constrain its potential bedrock source and prioritize targets for initial diamond drilling

in Q1 2027.

The combination of scale, geochemistry, favourable geology, supporting mineralogy and significant remaining open space

makes Hawker a compelling opportunity for a new regional discovery at Goldarm.

Nahanni – Expanding a New Gold Discovery Corridor

Nahanni represents the most advanced discovery generated from GFG’s regional exploration strategy.

Earlier in 2026, GFG completed 10 diamond drill holes totaling approximately 3,000 m across Nahanni West, Central and

East along an approximately 6 km portion of the Pipestone Deformation Zone (“PDZ”).

Gold mineralization was intersected at all three target areas, including:

• 11.20 g/t Au over 0.7 m within 1.97 g/t Au over 6.2 m at Nahanni East;

• 5.12 g/t Au over 1.5 m within 0.20 g/t Au over 85.8 m at Nahanni Central; and

• 4.75 g/t Au over 1.0 m within 0.66 g/t Au over 9.0 m at Nahanni West.

The drilling identified strong deformation, quartz-carbonate veining, sulphidation, intense sericite-fuchsite alteration and

felsic and porphyry dyking across the corridor. Broad mineralized intervals and alteration corridors support the interpretation

of a large hydrothermal gold system with multiple structural controls.

Importantly, subsequent sonic drilling has further expanded the opportunity. Sonic drilling along approximately 4 km of the

Nahanni trend has identified widespread gold-in-till anomalism, with multiple holes returning more than 30 gold grains per

10-kilogram (“kg”) sample.

The strongest gold-in-till anomaly identified to date occurs approximately 1 km southeast of Nahanni Central, where

anomalism persists throughout an approximately 20 m-thick till profile.

Several of the strongest gold-in-till and bedrock anomalies identified by the regional program remain untested by diamond

drilling, providing additional targets for the next phase of exploration.

GFG is prioritizing follow-up work at Nahanni Central and East, together with first pass testing of newly generated targets

along the broader corridor in Q1 2027.

Regional Pipeline – Multiple Discovery Opportunities Across Goldarm

Beyond Hawker and Nahanni, GFG continues to advance a growing portfolio of regional targets.

At Carr, two sonic holes drilled approximately 500 m apart returned moderately to strongly anomalous gold-in-till values

of greater than 50 gold grains per 10 kg sample together with anomalous gold in bedrock along a northeast-trending high-

strain corridor adjacent to the Carr Porphyry.

Carr, Skutter, Anton and other emerging targets will continue to be evaluated through the integration of sonic drilling, till

geochemistry, biogeochemical sampling, prospecting, geophysics and geological interpretation.

Through the remainder of 2026 and into 2027, GFG plans to complete:

• approximately 1,100 additional tree-bark samples across Goldarm;

• first-pass and infill biogeochemical programs;

• additional conventional till sampling and prospecting;

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• targeted RC till drilling;

• follow-up diamond drilling at priority regional targets; and

• continued advancement of new targets toward drill-ready status.

At Montclerg, new diamond and overburden drilling programs are also being designed along strike of the known gold

system to test for potential new zones and extensions.

The objective of this work is to maintain a deep and continuously evolving pipeline of discovery opportunities capable of

supporting sustained exploration and drilling across Goldarm.

Aljo – Continued Expansion of a Growing Gold System

Aljo remains GFG’s principal advanced exploration target, where successive drill programs have established the HW Zone

as a continuous and expanding component of the broader Aljo gold system. The zone has produced repeated significant

intercepts, including 13.94 g/t Au over 7.1 m in ALJ-24-012, 6.62 g/t Au over 11.2 m, including 7.24 g/t Au over 10.2 m, in

ALJ-24-020, and 4.13 g/t Au over 5.2 m, including 8.98 g/t Au over 2.2 m, in ALJ-24-018. Subsequent drilling demonstrated

that this high-grade mineralization occurs within a broader mineralized envelope, highlighted by 1.05 g/t Au over 71.0 m,

including 7.51 g/t Au over 3.0 m and 6.39 g/t Au over 2.0 m, in ALJ-25-030, together with 1.46 g/t Au over 14.3 m, including

9.36 g/t Au over 1.0 m, in ALJ-25-029.

The latest drilling continues to expand this established system. ALJ-26-039, drilled approximately 60 m down dip from

ALJ-25-036, returned 0.43 g/t Au over 36.9 m, including 1.58 g/t Au over 1.5 m, and 0.70 g/t Au over 11.5 m, including

3.33 g/t Au over 1. 5 m, extending the HW Zone to approximately 300 m vertical depth, where it remains open. At the

shallow HW East extension, ALJ-26-041 returned 0.90 g/t Au over 7.7 m, including 3.17 g/t Au over 1.7 m, at approximately

50 m vertical depth. Visible gold was observed in both holes.

Together with the historical drilling, the results reinforce the continuity, scale and growth potential of the HW Zone, with

approximately 4,000 m of additional drilling planned to expand the zone at depth and test the eastern and northwestern

extensions of the broader Aljo system.

Multiple Drivers of Value Across GFG’s Timmins Portfolio

GFG’s expanded Goldarm program complements the Company’s strategic earn-in agreement with Barrick at the

approximately 475 km² Pen Gold Project.

Under the agreement, Barrick may fund up to C$17.68 million in exploration and project expenditures to earn an initial 60%

interest in Pen, while GFG retains significant exposure to future exploration success.

The transaction allows GFG to focus its treasury and technical resources on its 100%-owned Goldarm discovery platform,

while Pen is advanced through a significant partner-funded exploration program.

With Aljo continuing to grow, Nahanni expanding as a new discovery corridor, Hawker advancing toward drill testing and

a broad regional pipeline developing behind them, GFG believes it has multiple independent opportunities to drive discovery

and create shareholder value across its Timmins portfolio.

About GFG Resources Inc.

GFG is a North American precious metals exploration company focused on district -scale gold opportunities in the Timmins

Gold District of Ontario, Canada. The Company controls three highly prospective gold projects within one of the world’s

most established gold camps.

GFG’s exploration strategy is focused on advancing the Aljo gold system, systematically generating and testing new

discovery opportunities across the Goldarm Property and maintaining significant exposure to the advancement of the Pen

Gold Project through its strategic earn -in agreement with Barrick.

Table 1: Summary of 2026 Aljo Drill Results

Hole ID From (m) To (m) Length (m) Au (g/t) Target VG

ALJ-26-039 283.0 293.5 10.5 0.20 Aljo HW

and 302.0 338.9 36.9 0.43 Aljo HW

incl. 325.5 327.0 1.5 1.58 Aljo HW

and 350.5 362.0 11.5 0.70 Aljo HW 

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incl. 350.5 352.0 1.5 3.33 Aljo HW 

and 480.0 486.0 6.0 0.20 Aljo HW

ALJ-26-040 93.0 96.0 3.0 0.52 Aljo HW Ext

and 113.0 129.0 16.0 0.46 Aljo HW Ext

incl. 113.0 115.0 2.0 1.14 Aljo HW Ext

also incl. 117.0 117.7 0.7 1.39 Aljo HW Ext

ALJ-26-041 82.0 83.5 1.5 2.70 Aljo HW Ext 

and 94.8 98.5 3.7 0.36 Aljo HW Ext

incl. 95.8 96.5 0.7 1.01 Aljo HW Ext

and 110.4 118.0 7.7 0.90 Aljo HW Ext 

incl. 110.4 112.0 1.7 3.17 Aljo HW Ext 

ALJ-26-042 92.5 94.5 2.0 1.49 Aljo HW Ext

and 98.5 99.5 1.0 1.10 Aljo HW Ext

and 126.0 130.0 4.0 0.27 Aljo HW Ext

ALJ-26-043 105.0 109.0 4.0 0.34 Aljo HW Ext

ALJ-26-044 NSI Aljo HW Ext

Previously Released 2025 Phase 2 Assays

ALJ-25-029 7.7 22.0 14.3 1.46 HW 

incl. 19.5 20.5 1.0 9.36 HW 

and 30.5 45.0 14.5 0.58 HW 

and 50.5 58.8 8.3 0.52 HW

and 127.8 128.8 1.0 2.74 Main

and 131.5 132.2 0.7 6.65 Main

and 190.0 199.0 9.0 1.15 Main

incl. 197.0 198.0 1.0 3.55 Main

and 335.0 341.5 6.5 1.15 FW3

incl. 339.3 340.0 0.7 4.13 FW3

and 389.0 390.5 1.5 4.22 FW4

ALJ-25-030 11.5 82.5 71.0 1.05 HW 

incl. 15.5 18.5 3.0 7.51 HW 

also incl. 26.0 27.0 1.0 3.26 HW

also incl. 31.5 32.8 1.3 4.97 HW

also incl. 46.5 47.5 1.0 4.09 HW

also incl. 70.5 72.5 2.0 6.39 HW 

also incl. 77.5 78.5 1.0 5.00 HW

and 97.5 99.0 1.5 2.83 HW

and 113.4 114.5 1.1 1.01 HW

and 176.0 177.0 1.0 1.00 Main

and 209.5 212.0 2.5 1.28 Main

and 224.0 225.0 1.0 1.88 Main

ALJ-25-018ext 568.0 570.0 2.0 2.57 FW

incl. 569.0 570.0 1.0 4.63 FW

ALJ-25-031 124.8 126.3 1.5 1.18 HW

and 133.1 134.6 1.5 4.67 HW

and 251.9 252.7 0.8 1.97 Main

and 268.9 270.4 1.5 2.51 Main

and 297.6 298.1 0.5 1.27 Main

and 325.6 326.4 0.8 11.40 Main

ALJ-25-032 29.5 34.0 4.5 3.68 HW 

incl. 29.5 30.0 0.5 17.40 HW 

and 89.3 92.0 2.7 2.80 HW

and 130.0 131.0 1.0 2.86 Main

and 146.9 147.7 0.8 4.92 Main 

and 167.0 168.0 1.0 1.40 Main

ALJ-25-033 25.2 31.0 5.8 2.03 HW 

incl. 27.2 27.7 0.5 10.40 HW 

ALJ-25-034 62.4 63.6 1.2 1.27 HW

and 74.0 75.0 1.0 1.08 HW

ALJ-25-035 147.3 150.4 3.1 0.98 HW

and 159.9 162.0 2.1 10.45 HW 

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incl. 159.9 160.9 0.9 22.90 HW 

and 171.2 186.5 15.3 1.51 HW 

incl. 175.0 175.9 0.9 6.98 HW 

ALJ-25-036(2) 291.3 342.8 51.5 1.01 HW

incl. 321.0 326.0 5.0 6.36 HW

ALJ-25-037 132.0 148.0 16.0 1.23 East HW 

incl. 142.0 144.0 2.0 7.23 East HW 

and 156.2 158.2 2.0 1.07 East HW 

and 170.9 172.7 1.8 2.40 East HW 

incl. 171.9 172.7 0.8 5.00 East HW

ALJ-25-038 5.2 8.2 3.0 1.15 East Main

and 65.2 72.3 7.1 1.28 East Main

and 93.8 96.2 2.4 3.21 East Main

and 123.0 128.3 5.3 2.23 East Main

incl. 124.9 125.4 0.5 13.30 East Main

Footnotes:

(1)Drill intercepts are presented using a 0.20 g/t Au cut-off and as drilled length with a minimum 1 gram -metre product. Composites include internal

dilution of up to 3 m at grades less than 0.20 g/t Au. Included intervals are calculated using a 3 g/t cut-off at a minimum 1 gram-metre product unless

otherwise stated. True width is estimated to be 30 to 90% drilled length.

(2) Includes a single 5 metre interval below 0.2 g/t Au cut -off.

Sampling and Quality Control

All scientific and technical information contained in this news release has been prepared under the supervision of Anders

Carlson, P.Geo., Vice President, Exploration of GFG, a qualified person within the meaning of National Instrument 43-101.

Drill core samples are analyzed for gold by Activation Laboratories Ltd. in Timmins, Ontario. The Company maintains a

quality assurance and quality control program that includes the insertion and monitoring of certified reference materials,

blanks and duplicates. Samples returning elevated gold values are subject to additional analytical procedures where

appropriate.

Figure 1: Regional Map of GFG Gold Projects in the Timmins Gold District

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Figure 2: Goldarm Property Plan View Map

Figure 3: Nahanni Gold Target in Plan View

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Figure 4: Goldarm Regional Gold Targets

Figure 5: Aljo Gold System Plans Map