Tiidal Gaming Group Corp V.GTA

RE: GTA: STRONG buy Part 2

[harry_reele]

1 Hole drilled to depth of 407 meters with the shallow drilling done previously had not even begun to define this deposit but merely provided some of the stepping stones for GTA to advance exploration drilling resulting in the latest data.

GTA INTERSECTS 149.5 METRES GRADING 3.21 g/t GOLD (uncapped) or 1.20 g/t GOLD (capped) on NORTHSHORE PROPERTY

• Majority of holes collared in and terminated in gold mineralized zones
• Caly and Caly North Vein Systems return values of 12.49 g/t gold over 33.80 metres, including bonanza grades of 760.15 g/t gold over 0.40 metres and 131.99 g/t gold over 0.50 metres
• High-Grade Audney Vein returns 13.23 g/t gold over 6.50 metres
•  

A total of 12 holes were drilled (1,038m)
in a closely spaced drilling program targeting the Audney and Caly Veins. Gold mineralization was encountered in each of the holes, and drilling confirmed the continuity of these high-grade gold-bearing vein systems along strike and to depth. Drilling also intersected a number of additional high-grade veins and demonstrated much better than expected continuity of the broad Afric Gold System which hosts these high-grade gold-bearing vein structures.
Results from the broader Afric Gold System are highlighted by holes WB-11-07, WB-11-09 and WB-11-11 that tested both the high-grade Audney and Caly Vein Systems. These holes returned cut grades of 0.99 g/t gold over 150 metres (WB-11-07), 1.05 g/t gold over 159 metres (WB-11-09) and 1.20 g/t gold over 149.5 metres (WB-11-11). All of these holes were collared and terminated within the gold mineralized system. For reporting purposes of the broad intercepts, the high-grade intervals encountered in all holes were capped at 28.79 g/t gold, representing the 99th – percentile of all drill core sample assay results obtained from the current program.

April 18 2012 – GTA Extends Gold Mineralization

• Afric Zone returns values of 1.41 g/t gold over a core length of 240 metres, including bonanza grades of 132 g/t gold over 0.5 metres and 120 g/t gold over 0.5 metres.
• Caly Vein System returns values of 7.82 g/t gold over a core length of 12.0 metres.
• Recent Drilling extends Afric Zone over 200 metres along strike and to a vertical depth of 190 metres.
•  

Hole WB-12-14, the last hole completed before drilling was temporarily suspended due to spring break up, was collared 40 m to the southeast of holes WB-11-11 and WB-11-12. Holes WB-11-11 and 12 were completed in the fall of 2011, and both intersected broad, high gold values, including 3.21 g/t gold (uncapped) over a core length of 149.50 metres (see press release dated 14 Feb 2011). Designed as a stepback to these holes, hole WB-12-14 extends the lateral and vertical extent of the Afric Zone and furthermore demonstrates the continuity of the high grade Caly and Audney Vein Systems. The Caly and Audney vein structures are two of several gold mineralized quartz veins which comprise the broad Afric Zone.

With this drilling, the Afric Zone has now been extended to over 200 metres along strike.

Updated plan maps and idealized cross sections are available on the Company’s website at gtaresources.com.

“Based on current interpretations, the size, scope and grade of gold mineralization associated with the Afric Zone appear significantly better than we expected”, stated Peter M. Clausi, President and CEO of GTA. “These are exciting times for GTA shareholders, and we anticipate that further drilling at Northshore will add even more value to the Company.”