GFG discovers district-scale gold at Nahanni with 11.20 g/t Au

SASKATOON, Saskatchewan, May 28, 2026 (GLOBE NEWSWIRE) -- GFG Resources Inc. ( TSXV: GFG | OTCQB: GFGSF ) (“ GFG ” or the “ Company ”) is pleased to report assay results from its first-pass regional diamond drilling program at the Nahanni target (“ Nahanni ”) on the Company’s Goldarm Property in the Timmins Gold District of Ontario (See Figure 1). The 10-hole, approximately 3,000 metre (“ m ”) program tested three high-priority target areas along a 6-kilometre (“ km ”) segment of the Pipestone Deformation Zone (“ PDZ ”), marking the Company’s first regional drill campaign outside of the Aljo and Montclerg areas, delivering compelling evidence that Goldarm hosts meaningful discovery upside beyond its established core targets. Drilling intersected high-grade gold mineralization at all three target areas, including intervals above 5 grams of gold per tonne (“ g/t Au ”) and locally above 10 g/t Au, within broad zones of deformation, sulphidation, veining and strong alteration.

These results validate GFG’s greenfield targeting model, confirm a large-scale mineralizing system associated with the PDZ, and materially enhance the broader exploration potential of the Goldarm Property. (See Table 1 and Figures 2 and 3). Highlights: High-grade and shallow mineralization of 11.20 g/t Au over 0.7 m within 1.97 g/t Au over 6.2 m and 1.23 g/t over 3.0 m within 0.44 g/t Au over 23.8 m within multiple broad, northeast-oriented ductile deformation zones in holes NAH-26-010 & -009 at Nahanni East. Strong gold intercepts of 5.12 g/t Au over 1.5 m within a broad 0.20 g/t Au over 85.8 m interval and 1.33 g/t Au over 4.5 m   within 0.31 g/t Au over 67.4 m in holes NAH-26-003 and -008 at Nahanni Central, respectively.

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