OTCQX:GTGDF - Post by User
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sr71lokion Oct 16, 2017 8:56am
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NEWS
NEWS GT Gold Continues to Deliver Abundant High Grades at Saddle South; Intercepts 220 g/t Au over 0.54m in TTD031 and 14.75 g/t Au over 12.15m in TTD019 While Extending Strike Length to 1000 Metres
Vancouver, British Columbia – Monday, October 16, 2017 - GT Gold Corp. (“GT Gold” or the “Company”) (TSXV: GTT). GT Gold is pleased to report continued high grade assays from drilling at its Saddle gold discovery, located just 10 kilometres off highway 37 on the Company’s Tatogga property in northwestern British Columbia, Canada.
The latest strong results can be broken into three categories:
- Continuing abundant high-grade intercepts at Saddle South; commonly multiple hits per hole;
- Major extension of the strike length at Saddle South;
- Strong new mineralized intercepts at the very large-scale Saddle North target, enhancing the high-grade epithermal potential and suggesting discovery potential for a large-scale copper-gold porphyry
16,180 metres of drilling has now been completed in 64 core holes at Saddle, far beyond the 2,600 metres of core drilling envisaged at the start of the season. Results for 17 Saddle South core holes are reported in this news release, continuing the well-established pattern of high grades and excellent zone continuity delivered by earlier drill results. Assays for an additional 33 core holes (4 from Saddle North, 29 from Saddle South) are pending and will be released in the weeks ahead. Strong-to-exceptionally strong visual intercepts in several of these remaining 33 holes, supported by X-Ray Fluorescence (XRF) for gold pathfinder elements, indicates drilling has tapped into richly mineralized portions of the system, suggesting the program’s best results may yet be to come.
To read the complete news release, please see the following link:
https://www.gtgoldcorp.ca/_resources/news/nr_2017_10_16.pdf
This message was sent by GT Gold Corp.
You may contact GT Gold Corp. at:
GT Gold Corp.
Suite 1700, Park Place,
666 Burrard Street
Vancouver, BC, Canada
V6C 2X8
Tel: +1 613 832-4592
www.gtgoldcorp.ca