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GT Gold Corp.

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Summary

Project:

Tatogga

Deposit:Saddle North
Location:Canada
Commodities:Gold-Silver-Copper
Date:10/10/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:10-10-2018: GT Gold Corp. announces an Exploration/Drilling Update report for its Saddle North deposit at the Tatogga project. Drilling results incl. 904.12m @ 0.51g/t Au, 0.93g/t Ag, 0.30% Cu from 15.0m. VANCOUVER, British Columbia, Oct. 10, 2018 -- GT G
Resources:x
CP/QP:[Overall Report]: Charles Greig (Internal)
ABSTRACT:VANCOUVER, British Columbia, Oct. 10, 2018 -- GT Gold Corp. (“GT Gold” or the “Company”) (TSX.V: GTT) is very pleased to announce assay results for the latest holes from its Saddle North target, confirming a major new Au-Cu-Ag porphyry discovery on its wholly-owned Tatogga property in BC’s Golden Triangle. To date in 2018 seven widely-spaced holes (TTD085, 090, 093, 098, 102, 106, and 107) have targeted the Saddle North porphyry discovery. All holes have achieved strong visual intercepts of the target mineralized monzodiorite over considerable intervals, demonstrating broad lateral and depth continuity. Assays for holes TTD090 and TTD093 are presented in Table 1, along with a drilling plan view map (Figure 1) and two cross-sections (Figures 2 and 3). Assays for holes TTD098, 102, 106 and 107 are pending. The Saddle North discovery remains open for expansion and drilling is continuing with two drills. As highlighted above, hole TTD093 (see Figure 2), collared 200 metres northwest of previously released hole TTD085 (see news, Sept. 10), was mineralized throughout its length, returning very broad intervals of strong porphyry-style Au-Cu-Ag mineralization. Hole TTD090, an up-dip test collared on the intrusive 296 metres north of hole TTD085 and on the same section as hole TTD085 and 2017 hole TTD062 (see Figure 3), also returned strong grades and widths, consistent with those of hole TTD085. Charles Greig, Vice-President of Exploration for GT Gold, commented: “Our drilling to date at Saddle North has rapidly outlined a very large porphyry gold-copper-silver discovery. Porphyry discoveries of this scale and tenor are uncommon. Our exploration team is excited by the visual intercepts of sheeted vein, vein stockwork and disseminated style gold-copper-silver mineralization, and by our ability to hit the host monzodiorite intrusion in follow up holes, even with large step-outs. It’s also exciting to know that the mineralized body is essentially intact, and largely uneroded, at surface beneath relatively thin overburden, and that it extends to depth, both down-dip of our known intercepts, and along strike. We see tremendous upside for expansion and, as was the case with the nearby Red Chris deposit, potential grade increases at depth.”

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