GFG Expands Exploration Program at Goldarm Gold Discovery Site

SASKATOON, Saskatchewan, Sept. 22, 2026 /CourierPR/ -- GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF), a 100%-owned exploration company in the Timmins Gold District of Ontario, has announced an updated exploration program for its Goldarm Property. The company has been actively conducting various exploration activities, including sonic overburden drilling and diamond drilling, to identify new gold deposits and expand its regional exploration efforts.

The company has recently completed its 82-hole sonic overburden drilling program, which has integrated with diamond drilling, till geochemistry, biogeochemistry, and geological interpretation. These efforts have strengthened GFG’s regional targeting model and have identified multiple priority areas for follow-up exploration.

Most notably, work at Hawker has outlined a large, multi-kilometre gold-in-till and bedrock anomaly. This area is situated approximately 6 kilometers 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-kilometer trend. With drill-hole spacing averaging approximately 1 kilometer, the anomaly remains relatively unconstrained and provides significant opportunity for additional target refinement and vectoring toward priority areas for future diamond drilling.

The next phase of work at Hawker 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 the first quarter of 2027. The combination of scale, geochemistry, favourable geology, and significant remaining open space makes Hawker a compelling opportunity for a new regional discovery at Goldarm.

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 meters across Nahanni West, Central, and East along an approximately 6-kilometer portion of the Pipestone Deformation Zone (PDZ). Gold mineralization was intersected at all three target areas, including a peak result of 11.20 grams of gold per tonne (g/t Au) over 0.7 meters within 1.97 g/t Au over 6.2 meters at Nahanni East, 5.12 g/t Au over 1.5 meters within 0.20 g/t Au over 85.8 meters at Nahanni Central, and 4.75 g/t Au over 1.0 meters within 0.66 g/t Au over 9.0 meters 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.

Subsequent sonic drilling has further expanded the opportunity. Sonic drilling along approximately 4 kilometers of the Nahanni trend has identified widespread gold-in-till anomalism, with multiple holes returning more than 30 gold grains per 10 kilograms (kg) sample. The strongest gold-in-till anomaly identified to date occurs approximately 1 kilometer southeast of Nahanni Central, where anomalism persists throughout an approximately 20-meter-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 the first quarter of 2027. Beyond Hawker and Nahanni, GFG continues to advance a growing portfolio of regional targets, including Carr, Skutter, Anton, and other emerging targets. Through the remainder of 2026 and into 2027, the company plans to complete approximately 1,100 additional tree-bark samples across Goldarm, first-pass and infill biogeochemical programs, additional conventional till sampling and prospecting, targeted reverse circulation (RC) till drilling, follow-up diamond drilling at priority regional targets, and continued advancement of new targets toward drill-ready status.

At Aljo, GFG’s principal advanced exploration target, the HW Zone has been established 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 meters in ALJ-24-012, 6.62 g/t Au over 11.2 meters, including 7.24 g/t Au over 10.2 meters, in ALJ-24-020, and 4.13 g/t Au over 5.2 meters, including 8.98 g/t Au over 2.2 meters, 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 meters, including 7.51 g/t Au over 3 meters. The company is prioritizing follow-up work at Nahanni Central and East, together with first-pass testing of newly generated targets along the broader corridor in the first quarter of 2027.

GFG Resources Inc. is positioning itself to make meaningful new discoveries across its Timmins portfolio, supported by Barrick’s funding and operating exploration at the Pen Gold Project.