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GT Gold Corp.
Summary
| Project: | Tatogga | |
|---|---|---|
| Deposit: | Saddle South | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 9/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-9-2018: GT Gold Corp. announces an Exploration/Drilling Update report for its Saddle South deposit at the Tatogga project. Drilling results incl. 40.89m @ 9.55g/t Au, 59.51g/t Ag from 534.0m. VANCOUVER, British Columbia, Sept. 04, 2018 -- GT Gold Corp. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Charles J. Greig (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Sept. 04, 2018 -- GT Gold Corp. (“GT Gold” or the “Company”) (TSX.V: GTT) is pleased to announce continued rapid expansion of the Saddle South discovery, with new high-grade gold intercepts east, west, south and to depth along 1,000 metres of east-west trend and to 350 metres of north-south width. These new intercepts include: 9.55 g/t Au over 40.89 metres from 534.00 to 574.89 metres in hole TTD079 (estimated 65% true width). Additional assays are pending from Saddle South, and the season’s first drill results from the highly anticipated Saddle North prospect are expected in the near future Steve Burleton, President and CEO, commented, “We are really pleased with these latest drill results. The roughly 41 metres of almost 10 grams drilled in hole 79 is, at 390 g/t*m, among the most impressive intersections drilled this season in the Golden Triangle. Coupled with nearby results, this intercept pushes the mineralized envelope considerably south and to depth on the west side of Saddle South.” Mr. Burleton goes on to say: “We are extremely impressed with the work at site as our team continues to increase the size of the mineralized package at Saddle South. New high-grade intersections have been achieved in both directions along strike of the main area of Saddle South drilling to date, and at depth. The discovery core area has expanded considerably in width, and we are encouraged by the fact that many of the intercepts occur over broad intervals, and that these broad intervals commonly encompass high-grade assays. As for Saddle North, where visual indications have been encouraging, we anticipate results in the very near future.” Presented in Table 1 below are assay results from nine NQ-diameter Saddle South core holes, bringing the season’s total of released holes from Saddle South to fifteen (holes 65 through 79 inclusive, see news dated August 8, 2018). Drilling is ongoing at both Saddle South and Saddle North and is running ahead of schedule. | |
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