OTCQX:GTGDF - Post by User
Comment by
lithomonon Sep 06, 2018 7:31am
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Post# 28570459
RE:RE:Huge news on GTT major discovery. SRJ borders the
RE:RE:Huge news on GTT major discovery. SRJ borders the My Gold operations development contact was impressed with recent GTT drill numbers and ironically Osisko and Agnico Eagle have subsequently owned or own most operations he participated in early development of those mines/deposits of lower grade than GTT.
The other comment made, if GT Gold could get some relatively early production underway via some degree of "open pit" mineralization & grades then eventually work towards mining the deeper gold/silver/copper ores.
As for the comment about SRJ (Spearmint Resources), it's the old saying in this business, the best location to find a new discovery or mine is adjoining or in close proximity to the already known deposit/mine. Especially as it becomes known that the Gold ores are increasing grade at "depth" then one never knows, at depth, what could develop with adjoining property in the discovery area.
It's typically a rough go in this business for a tiny junior to try and make a new discovery in elephant country where there isn't already a known true & tested discovery or deposit.
Possibly, therein is the rationale for SRJ acquiring ground adjoining or very close proximity to the known discoveries or deposits, i.e. adjoining Cypress "massive" Lithium NI 43-101 resource in Nevada or BlackRock Metals FerroVanadium Mine Development project in Quebec.