09:05 AM EDT, 05/12/2025 (MT Newswires) -- GFG Resources ( GFGSF ) reported Monday the latest assays from the Aljo target within the Goldarm property in Ontario.

Highlights include 4.39 grams of gold per tonne (g/t) over 3.4 meters at the Hangingwall zone, 4.24 g/t gold over 3.0 meters extending the Main zone, and 7.26 g/t gold over 0.6 meters at the new Footwall zone.

The results were from the company's 2,600-meter drill program completed in late 2024 and early 2025.

"The nature of the stacked veining, complex and prospective structural settings and abundance of visible gold associated with high grades lenses, give us confidence for future expansion of the system and discovery of additional gold zones," said Brian Skanderbeg, GFG's CEO and president.

GFG plans to resume drilling at the Aljo target in July with a 3,000-meter drill program.

GFG traded near 52-week highs on Friday at $0.205 per share.