Ontario Fuels Gold Exploration: GFG Resources Secures C$200,000 Grant

GFG Resources Inc. has secured a C$200,000 grant from the Ontario Junior Exploration Program (OJEP) to bolster its 2025 exploration activities in the Timmins Gold District. This funding will support critical exploration expenditures, including drilling and geophysical surveys, aiming to uncover new mineral deposits in this historically rich gold region.

Ontario Boosts Gold Exploration with Significant Grant to GFG Resources

GFG Resources Inc. announced on July 9, 2025, that it has been awarded a C$200,000 grant from the Ontario Junior Exploration Program (OJEP). This significant funding is earmarked for the company's 2025 exploration efforts within the prolific Timmins Gold District of Ontario.

• The grant provides matching funds to offset eligible exploration costs.
• These costs include drilling, geophysical surveys, and base-of-till sampling.

Strategic Investment in Ontario's Mining Future

Brian Skanderbeg, President and CEO of GFG Resources, expressed gratitude for the Ontario government's support, highlighting how the funding will enhance their ability to advance exploration programs. The goal is to discover new mineral deposits in underexplored areas of the Timmins Gold District, a region that has historically produced over 70 million ounces of gold.

Stephen Lecce, Minister of Energy and Mines, emphasized the province's commitment to fostering a thriving exploration industry. He stated that the investment through OJEP sends a clear message that "Ontario is open for exploration," aiming to unlock critical resources and secure Ontario's leadership in the global mining sector.

GFG Resources: A Key Player in Gold Exploration

GFG Resources Inc. is a publicly traded precious metals exploration company with a focus on district-scale gold projects in tier-one mining jurisdictions. The company manages three gold projects spanning over 800 square kilometers within the Timmins Gold District. These projects feature both brownfield and greenfield targets, sharing geological settings similar to those that host the majority of the gold deposits in the Timmins Gold Camp.

Sources

• GFG Resources Receives C$200,000 Grant from the Ontario Junior Exploration Program, Junior Mining Network.