G4G Resources Ltd. has entered into an exploration contract with option to purchase with Grupo Minero Aconcagua S.A. The company seeks to raise additional funds. The company stated: G4G will also be required to fund the exploration of the Despoblados property in the amount of US$1,863,000 over two years. G4G intends to raise additional funds required for exploration via brokered and/or non-brokered financings. G4G will compensate the original vendors with a series of payments totaling $10,150,000 by September 30, 2013 and a 3% royalty on production of electricity.

G4G Resources Ltd. announced that it has amended the terms on 4,000,000 warrants it currently has outstanding from its private placement financing in December 2007. The expiry date of the warrants has been extended to March 31, 2010 from the original expiry date of December 28, 2009. The exercise price of the warrants remains unchanged at $0.45. Each warrant, upon exercise, entitles the holder to acquire an additional common share of G4G Resources Ltd.

G4G Resources Ltd. reported earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss before other income of CAD 427,535, net loss and comprehensive loss of CAD 428,234 or CAD 0.02 basic and diluted per share against loss before other income of CAD 233,101, net loss and comprehensive loss of CAD 233,101 or CAD 0.02 basic and diluted per share for the same period a year ago. Cash used in operating activities was CAD 474,965 against CAD 234,784 for the same period a year ago. For the nine months, the company reported loss before other income of CAD 775,035, net loss and comprehensive loss of CAD 777,534 or CAD 0.04 basic and diluted per share against loss before other income of CAD 732,784, net loss and comprehensive loss of CAD 726,402 or CAD 0.04 basic and diluted per share for the same period a year ago. Cash used in operating activities was CAD 790,017 against CAD 618,748 for the same period a year ago.