OTCQX:GTGDF - Post by User
Post by
higherhighson Sep 08, 2018 8:02pm
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Post# 28585415
GT Gold (GTT, TSX-V) has drilled its best intercept yet
GT Gold (GTT, TSX-V) has drilled its best intercept yet Results coming from the nortth vert soon !!
GT Gold (GTT, TSX-V) has drilled its best intercept yet at Saddle South in the Red Chris district, cutting 41m grading 9.5 g/t Au and 59.5 g/t Ag in drill hole #79, including separate intervals of 6.3 m grading 24.7 g/t Au and 213 g/t Ag, and 8.8 m @ 23.9 g/t Au and 99.7 g/t Ag…the 41 m of high-grade (true width is estimated at 65%) came at a depth slightly below 500 m but demonstrates that Saddle South has deep roots which enhances the likelihood that Saddle North is a powerful Gold-rich porphyry system with very deep roots, likely in excess of 1,000 m…assays are pending for the first 2018 drill hole at Saddle North which could prove to be a major game-changer for GTT, depending on grade…the Saddle mineralized system is a large intrusive complex and the source of the high-grade Gold is indeed the porphyry…at Saddle South, the company has now cut high-grade intercepts east, west, south and to depth along 1,000 m of east-west trend and to 350 m of north-south width for a significant expansion of the system from last year’s initial discovery (the mineralized footprint has more than doubled in size)…GTT opened at 72 cents this morning after yesterday’s halt but is now up only a penny at 63 cents through the first 30 minutes of trading…most investors have not drawn the linkage yet between the high-grade found at depth in holes #79 and #76, and the adjacent porphyry…