GT Resources Inc V.GT

Alternate Symbol(s): CGTRF

Metals & Mining Industrial Metals & Minerals

GT Resources Inc., formerly Palladium One Mining Inc., is a Canada-based mineral exploration and development company. The Company is focused on discovering critical green transportation metals. It targets district scale, nickel-copper sulfide and platinum-group-element (PGE) deposits in Canada and Finland. The Company’s Canada projects include Tyko, Ontario; Disreali, Ontario; Canalask, Yukon; Hemlo East, Ontario; Big Lake, Ontario; North Rock, Ontario; and Black Bear, Ontario. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources. The project is located in north-central Finland, approximately 40 kilometers (km) north of the Company’s exploration office in the town of Taivalkoski. The property is 160 km (by road) east-southeast of Rovaniemi and 190 km northeast of the port city of Oulu. The Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively.

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GT Resources Inc > Grading up to 9.9% Ni_Eq*(218 pounds per tonne)

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Post by frankmanon Jan 19, 2021 8:23am

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Post# 32324623

Grading up to 9.9% Ni_Eq*(218 pounds per tonne)

Starting at less than 9 meters true-depth,

Hole TK-20-023 returned 6.1% Ni_Eq over 7.5 meters (4.5% Ni, 2.9% Cu, 1.0g/t PGE)from 5.3 meters down hole.
- Including 9.9% Ni_Eq over 3.8 meters (8.1% Ni, 2.9% Cu, 1.3g/t PGE).
Hole TK-20-025, returned 6.3% Ni_Eqover 3.2 meters (4.4% Ni, 3.6% Cu, 0.9g/t PGE)from 36.6 meters down hole.
- Including 11.8% Ni_Eq over 0.6 meters (9.6% Ni, 3.7% Cu, 1.5g/t PGE).
All 13 holes drilled at Smoke Lake intersected magmatic sulphides.
- Multiple massive sulphide intercepts up to 4 metres were encountered.
A magmatic sulphide mineralized strike length of 270 meters has been defined by drilling and the deepest intercept to date has a true depth of only 100 meters.
Mineralization remains open to the northwest and down dip.