SOURCE: Streetwise Reports

Streetwise Reports

September 25, 2017 09:00 ET

Streetwise Reports Examines A Precious Metals Explorer That 'Could Receive Interest from Senior and Mid-Tier Gold Producers'

SAN FRANCISCO, CA--(Marketwired - September 25, 2017) - Eight Capital reports that a steady schedule will have this explorer reporting assays every month through the end of the 2017 and possibly longer.

Company included in article: GFG Resources Inc.'s (TSX VENTURE: GFG) (OTCQB: GFGSF)

In a Sept. 20 research report, Eight Capital analyst Craig Stanley discussed GFG Resources Inc.'s (TSX VENTURE: GFG) (OTCQB: GFGSF) initial assay results from its 100%-owned Wyoming gold project Rattlesnake Hills. "Assays from the initial eight drill holes that tested brownfield targets intersected broad zones of low-grade mineralization.

Stanley listed the results reported by GFG Resources:

  • RSC-184 was drilled in the flank of Antelope Basin and hit 73.2m of 0.43g/t Au at 82.3m down-hole depth in Precambrian schist that extend nearly 200 meters east of the quartz monzodiorite dike that hosts mineralization at Antelope Basin.
  • RSC-188 was drilled on the west side of the North Stock intrusion, 70m from the nearest historic hole, and hit 114m of 0.45 g/t Au at 74.07m down-hole depth

In terms of next steps, Stanley noted that "GFG has completed 50% of its 2017 drill program with 14 holes pending assay results" and explained that GFG Resources will begin drilling the remaining 15 greenfield holes in October. He stated that "the drill program is expected to finish in early November, with assays being reported on a monthly basis for the remainder of the year and potentially into 2018."

Continue reading this article: Precious Metals Explorer 'Could Receive Interest from Senior and Mid-Tier Gold Producers'

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Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

The following companies mentioned in this article are sponsors of Streetwise Reports: GFG Resources Inc. Reports does not accept stock in exchange for its services.

The full disclosure is provided at the end of the published article: Precious Metals Explorer 'Could Receive Interest from Senior and Mid-Tier Gold Producers'

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