GFG Provides Additional Disclosure on its Rattlesnake Hills Gold Project
Media Release
Release: Immediate
GFG Provides Additional Disclosure on its Rattlesnake Hills
Gold Project
September 12, 2018, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSXV: GFG)
(OTCQB: GFGSF) (“GFG” or the “Company”), at the request of IIROC, is providing additional
disclosure relating to its September 11, 2018 news release titled “GFG Signs Option and Earn-In
Agreement with Newcrest to Advance the Rattlesnake Hills Gold Project”.
The Rattlesnake Hills Gold Project:
The Rattlesnake Hills Gold Project is a district scale gold exploration project located in c entral
Wyoming approximately 100 kilometres southwest of Casper . The Project is comprised of 1,573
unpatented lode mining claims as well as eight Wyoming State mining leases covering an area of
approximately 30,400 acres. The Project is centrally located within a roughly 1,500-kilometre-long
belt of alkalic intrusive complexes that occur along the eastern side of the Rocky Mountains from
Montana to New Mexico.
As disclosed by the Company on September 11, 2018, the Company has signed an option and earn-
in agreement with Newcrest Resources Inc., a wholly -owned subsidiary of Newcrest Mining
Limited (ASX : NCM) (“Newcrest”) , pursuant to which Newcrest has the right to acquire, in
multiple stages, up to 75% of the Project by completing a series of exploration and development
expenditures and making staged option cash payments totaling US$1.25 million to GFG.
The Project has approximately 90,000 metres of historic drilling which has outlined four significant
zones of alteration and precious metal mineralization that are associated with Eocene age alkalic
intrusions at North Stock, Antelope Basin, South Stock and Blackjack. The majority of the historic
drilling was completed by Evolving Gold Corp. focused on near surface, open pit targets in the
North Stock and Antelope Basin area s with highlights that include intercepts (1) of 1.85 grams of
gold per tonne (g/t Au) over 236.2 metres (“m”) hole length; 4.20 g/t Au over 77.7 m hole length;
2.08 g/t Au over 150.9 m hole length and 0.82 g/t Au over 99.1 m hole length.
Qualified Person
Brian Skanderbeg, P.Geo. and M.Sc., serves as President and CEO of GFG, and is a “qualified
person” within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral
Projects. Mr. Skanderbeg has reviewed the respective core intervals, sampling and QA/QC
procedures and results thereof as verification of the historical drilling data disclosed above and has
approved the information contained in this news release.
Quality Analysis and Quality Control
The quality analysis and quality control measures utilized by Evolving Gold Corp. in respect of the
historical drilling data disclosed above included the following: drill hole intervals were weighted
averages with each assay interval weighted according to the core length. Rigorous quality assurance
and quality control procedures were implemented including routine insertion of internal standard
reference materials, certified reference materials, blank material and duplicate samples from both
crush and pulp material. Gold assays were completed by SGS Canada Inc. in Toronto, using a 30-
gram charge, fire assay, with an ICP finish. SGS Canada laboratory in Toronto is ISO accredited.
2
(1) Gold intervals reported are based on a 0.20 g/t or 0.50 g/t Au cutoff. Weighted averaging has been used to
calculate all reported intervals. True widths are estimated at 60-100% of drilled thicknesses.
For further information, please contact:
Brian Skanderbeg, President & CEO
Phone: (306) 931-0930
or
Marc Lepage, Vice President, Business Development
Phone: (306) 931-0930
Email: [email protected]
Website: www.gfgresources.com
Twitter: @gfgresources
LinkedIn: https://linkedin.com/company/gfgresources/
About GFG Resources Inc.
GFG Resources is a North American precious metals exploration company headquartered in Saskatoon,
Saskatchewan, Canada, whose shares trade on the TSX Venture Exchange (GFG) and on the OTCQB
(GFGSF). The Company owns 100% of two large and highly prospective gold properties west of the prolific
gold district of Timmins, Ontario, Canada. The Ontario properties are comprised of the 4 7,500-hectare Pen
Gold Project and the 20,000- hectare Dore Gold Project. The consolidated land packages have the same
geological setting that hosts most of the gold deposits found in the Timmins Gold Camp which has produced
over 70 million ounces of gold. The Company also controls 100% of the Rattlesnake Hills Gold Project, a
district scale gold exploration project located approximately 100 kilometres southwest of Casper, Wyoming,
U.S. The geologic setting, alteration and mineralization seen in the Rattlesnake Hills are similar to other gold
deposits of the Rocky Mountain alkaline province which, collectively, have produced over 50 million ounces
of gold.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.