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GT Gold Corp.
Summary
| Project: | Tatogga | |
|---|---|---|
| Deposit: | Saddle North | |
| Location: | Canada | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 7/6/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-7-2020: GT Gold Corp. announces a Resource Estimation report for its Saddle North deposit at the Tatogga project. Initial Mineral Resource Estimate for Saddle North. VANCOUVER, British Columbia, July 6, 2020 (GLOBE NEWSWIRE) -- GT Gold Corp. (TSX-V:GTT) | |
| Resources: | (Resources): 298Mt @ 0.28% Cu, 0.36g/t Au, 0.79g/t Ag (Ind.) & 542.8Mt @ 0.25% Cu, 0.31g/t Au, 0.67g/t Ag (Inf.) | |
| CP/QP: | [Resource] Richard Flynn (Next Mine Consulting Ltd.) | |
| ABSTRACT: | VANCOUVER, British Columbia, July 6, 2020 (GLOBE NEWSWIRE) -- GT Gold Corp. (TSX-V:GTT) (the “Company” or “GT Gold”) is pleased to announce a maiden Mineral Resource Estimate in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards incorporated by reference in National Instrument 43-101 (“NI 43-101”) for the Saddle North project (“Saddle North”), Tatogga property in northern British Columbia, Canada. “The company is pleased to announce another major milestone with the maiden mineral resource estimate for the Saddle North Project. We are proud of the value generated for our shareholders, especially considering this is one of the most recently discovered gold-copper porphyry world-wide, with the first borehole drilled as recently as late 2017.” stated Paul Harbidge, President and CEO. “The importance of having a geological model and a high quality of underlying data to more accurately segregate and estimate these resources will only play a stronger role as we move into our PEA work ahead. Entering the 2020 field season, we look forward to testing prospective greenfield targets in the Quash Pass area at Tatogga, in a region which is now beginning to show the signs of a newly emerging porphyry district in northern British Columbia." The effective date of the Mineral Resource is July 6, 2020. A supporting NI 43-101 Technical Report will be filed on SEDAR at www.sedar.com within 45 days. These open pit and underground mine shape constrained Mineral Resources are summarized below in Table 1. | |
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