GFG Resources: Proven Winners Bringing New Gold Exploration Ideas to the Timmins Mine Camp

Junior Resource Investing

Time Stamps Below

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Brian Skanderbeg of GFG Resources (GFG.V) joins me to discuss his company and its strategy of value creation through identifying and acquiring underexplored regions of the world-famous Timmins Mining Camp. Brian and the executive team at GFG have a strong history together, having steered the revitalisation (through new discovery) and ultimate takeout of Claude Resources at USD $337M valuation during their last time together. Brian discusses with me the strengths of his team and their dedication to exploring for the next discovery in Timmins. Brian discusses how he and his team believes in methodical, data-driven modeling and exploration, which has resulted in backing from important investors such Alamos Gold and the Lundins. GFG continues to explore its Montclerg target with the thesis that shallow till cover has prevented historical exploration from understanding its true potential. With 6000 more meters of drilling imminent this month and more to come in Q1 of 2024, investors can expect a steady stream of drill results from GFG over the next 6+ months.

Time Stamps:

01:00: Elevator Pitch on GFG

01:30: Brian’s History and Experience

07:00: Lessons from Claude

12:40: Share structure and ownership

17:40: Update on Phase 2 of 2023 Drilling Program at Montclerg/Goldarm/Aljo

22:10: Breaking down the meterage of the drill program

26:20: Historical/legacy exploration on the Montclerg/Goldarm land package and how GFG uses that data.

32:30: Knowing when to keep exploring and when to move on. Finding the right land package. Discussion of pros and cons of Rattlesnake Hill, Pen, and Dore.

37:30: Brian’s Thoughts on the importance of trusting management. Ask management questions about their philosophy and rationale when they start to pivot. Most successful companies start by pivoting.

39:00: When is it finally time to move on? Brian’s dual path strategy to finding a meaningful project.

42:30: Update on Rattlesnake Hills

44:30: Lundin and Alamos Involvement – importance of these kinds of investors

50:00: What’s left to come in 2023 and the next 6-12 months in general

54:15: Final thoughts to Brian

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