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Project: | Tatogga | |
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Deposit: | Saddle North | |
Location: | Canada | |
Commodities: | Gold-Silver-Copper | |
Date: | 11/19/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 19-11-2018: GT Gold Corp. announces an Exploration/Drilling Update report for its Saddle North deposit at the Tatogga project. Drilling results incl. 685.0m @ 0.40g/t Au, 1.03g/t Ag, 0.26% Cu from 473.0m. VANCOUVER, British Columbia, Nov. 19, 2018 -- GT G | |
Resources: | x | |
CP/QP: | [Overall Report]: Charles Greig (Internal) | |
ABSTRACT: | VANCOUVER, British Columbia, Nov. 19, 2018 -- GT Gold Corp. (“GT Gold” or the “Company”) (TSX.V: GTT) is very pleased to announce assay results for the latest two holes from its Saddle North discovery at its wholly-owned Tatogga property in BC’s Golden Triangle. Results for holes TTD098 (southeast step-out) and TTD102 (northwest step-out), presented below along with a drilling plan view and three cross-sections, have expanded the mineralized dimensions of the Saddle North mineralized intrusive complex to almost 600 metres of strike, and to greater than 900 metres vertically from surface (1,100 metres down-dip). True widths of the mineralized envelope are estimated at more than 700 metres (see Figure 2), encompassing a strongly mineralized core area estimated at 450 metres true width. Ten widely-spaced holes (TTD085, 090, 093, 098, 102, 106, 107, 108, 109 and 110) targeted the discovery during the recently-completed drilling campaign and all holes have returned strong visual intercepts of mineralization over significant intervals, demonstrating broad continuity laterally and to depth. Saddle North remains open for expansion down-dip and along strike. Assays for holes TTD106, 107, 108, 109 and 110 are pending Charles Greig, Vice-President of Exploration for GT Gold, commented: “These two latest well-mineralized intercepts in stepouts 98 and 102, coupled with earlier results from holes 85, 90 and 93, continue to build the picture of a very large discovery at Saddle North - a very broad zone of mineralization in place close to surface, extending many hundreds of metres to depth and along strike, and encompassing some impressively rich grades of gold, copper and silver, now shown to be continuous down dip and along the length of the system. Our team looks forward to receiving the results from our remaining 2018 holes and, in particular, those from holes 106 and 108, both of which were drilled up-dip of hole 93, which will test whether or not the highergrade stockwork and sheeted vein zone common near the footwall of the intrusive complex approaches surface. We are also eagerly anticipating the results of our deepest hole, TTD109, which is testing down-dip of holes 93 and 85.” Table 1 Saddle North Hole TTD098 and TTD102 Assay Results. For hole locations, dips and azimuths, | |
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