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GT Gold Corp.
Summary
| Project: | Tatogga | |
|---|---|---|
| Deposit: | Saddle South | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 7/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-7-2017: GT Gold Corp. announces an Exploration/Drilling Update report for its Saddle South deposit at the Tatogga project. Drilling results incl. 9.414m @ 17.41g/t Au from 46.33m. Vancouver, British Columbia – July 25, 2017 - GT Gold Corp. (“GT Gold” o | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Charles Greig (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – July 25, 2017 - GT Gold Corp. (“GT Gold” or the “Company”) (TSXV: GTT). GT Gold is very pleased to report a significant new gold discovery at its Saddle South prospect, located on the Tatogga property in northwestern British Columbia, Canada. Ongoing drilling has cut a steeply dipping, east-west trending, high-grade gold+/-silver quartz-carbonate base metal sulphide vein system displaying strong down-hole widths and good continuity. The gold-bearing system has been intercepted in 20 reverse circulation (“RC”) drill holes (reported herein), and in all ten diamond drill holes completed to date (sampling underway, assays pending). The intercepts are from drill setups spanning roughly 200 metres in an east-west direction, and are as deep as 213 metres (hole TTD010) from surface. The Saddle South gold discovery remains open both to depth and laterally, and diamond drilling is continuing. Assay results from the core drilling will be released as they are received, and a second drill may be added to the program. “This impressive discovery – high grades, strong intercept widths, continuity down dip and along strike - justifies our long-standing enthusiasm for the Saddle prospect,” says Kevin Keough, President & CEO. “We believe we’re in the process of unfolding a discovery of merit, and one that promises to add a great deal of value to this company. Visual inspection of core, coupled with the XRF results, suggests we’re now hitting in every hole at Saddle South, with excellent potential for expansion. We intend to keep a drill focused on Saddle South throughout the exploration season, possibly into October, weather cooperating. If our near-term test of the large new Saddle North IP-soil geochem target is successful, we may mobilize a second drill to the property. We’re looking forward to delivering a great deal more from this story.” | |
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