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GT Gold Corp.

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Summary

Project:

Tatogga

Deposit:Saddle North
Location:Canada
Commodities:Gold-Silver-Copper
Date:12/19/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:19-12-2019: GT Gold Corp. announces an Exploration/Drilling Update report for its Saddle North deposit at the Tatogga project. Drilling results incl. 657.11m @ 0.50g/t Au, 1.03g/t Ag, 0.33% Cu from 777.00m. VANCOUVER, British Columbia, December 19, 2019 (
Resources:x
CP/QP:[Overall Report]: Charles Greig (Internal)
ABSTRACT:VANCOUVER, British Columbia, December 19, 2019 (GLOBE NEWSWIRE) -- GT Gold (TSX-V:GTT) (the “Company” or “GT Gold”) is pleased to announce results from the last six drill holes from its 15,000-metre Phase 2 exploration program at its 100% owned Saddle North Cu-Au porphyry system in northwest B.C. All 2019 drill holes have now been reported from Saddle North, and final assays for the four drill holes from Saddle South are pending release expected early in the new year. Drill holes TTD141, TTD142, TTD143 and TTD144 were southeasterly inclined drill holes drilled at high angles to previously drilled holes at Saddle North (Figure 1). The aim of these drill holes was to more fully demonstrate continuity and consistency of Cu-Au mineralization at Saddle North in support of ongoing geologic and resource modelling. All four holes filled substantial gaps in the geologic model, will help to test and confirm our geologic interpretation, and will contribute to future resource modelling. The results from these holes confirm the interpretation that the core zone at Saddle North comprises a steeply south-southwesterly- to west-southwesterly plunging, northerly-elongate body of higher-grade mineralization with down-plunge, strike and width dimensions of 1,200 - 1,600 metres, 200 - 400 metres and 40 - 450 metres, respectively. The core zone expands to depth, where it remains open, displays excellent continuity from hole-tohole and section-to-section, and carries consistent Cu-Au grades down hole. In addition, highly prospective targets remain untested along strike to the west and east at Saddle North.

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