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GT Resources Inc V.GT

Alternate Symbol(s):  CGTRF

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.


TSXV:GT - Post by User

Post by frankmanon Nov 04, 2024 9:42am
38 Views
Post# 36295009

Yet another project with good results + another feeder dyke

Yet another project with good results + another feeder dykeTable 1: Assay Results: Canalask Project 2024 drill results.
Hole Target From 
(m)
To 
(m)
Width 
(m)
Ni 
%
Cu 
%
Co 
%
TPM g/t (Pd+Pt+Au) Pd 
g/t
Pt 
g/t
Au 
g/t
CSK24-01 Feeder Dyke Stopped short of target, assays pending
CSK24-02 Footwall 17.6 37.5 19.9 2.12 0.03 0.03 0.56 0.37 0.00 0.19
  Inc. 19.4 26.7 7.4 3.42 0.04 0.04 0.90 0.53 0.00 0.37
  Inc. 24.5 25.8 1.3 4.45 0.05 0.06 1.82 1.44 0.00 0.37
  Footwall 56.0 71.0 15.0 0.28 0.17 0.01 0.04 0.00 0.00 0.03
  Inc 61.5 69.0 7.6 0.41 0.21 0.02 0.06 0.00 0.00 0.05
  Footwall 101.0 103.5 2.5 0.41 0.24 0.04 0.03 0.00 0.00 0.03
  Inc. 102.0 102.5 0.5 1.34 0.37 0.09 0.10 0.00 0.00 0.10
  Gold-Copper 137.5 138.6 1.1 0.01 1.24 0.01 0.42 0.00 0.00 0.42
CSK24-03 Feeder Dyke Stopped short of target, assays pending
CSK24-04 Feeder Dyke Stopped short of target, assays pending
CSK24-05 Footwall 24.6 58.1 33.5 1.95 0.05 0.03 0.63 0.44 0.00 0.19
  Inc. 28.1 39.1 11.0 2.67 0.12 0.04 0.73 0.42 0.00 0.30
  Inc. 33.0 37.1 4.1 4.08 0.04 0.05 0.99 0.65 0.00 0.35
  And 51.0 56.5 5.5 4.15 0.04 0.07 1.09 0.85 0.00 0.24
  Inc. 55.1 55.3 0.2 12.90 0.12 0.23 0.82 0.01 0.00 0.81
  Footwall 77.0 87.0 10.0 0.24 0.00 0.01 0.03 0.00 0.00 0.02
    87m to End of Hole assays pending
(1) Reported widths are "drilled widths" not true widths and may not be indicative of the true grade, width and style of mineralization on the property. 
(2) Values from hole CSK24-02 are previously released, see news release September 24, 2024
Table 2: Drill Hole Locations for this News Release
Hole Azimuth Dip Length NAD83 z7 East NAD83 z7 North Elevation
CSK-24-01 45 -65 127 525012.5 6868606 800
CSK-24-02 350 -50 200 524332.6 6869344 755
CSK-24-03 25 -75 104 525012.5 6868606 800
CSK-24-04 25 -75 408.5 525252.5 6868661 791
CSK-24-05 346 -69.6 170 524332.6 6869344 756
Exploration Target
The "White River Intrusive Complex" ("WRIC") is a favourable setting for magmatic nickel-copper sulphide mineralization and is considered a "feeder system" with a high volume of magma flow. Due to the abundance of magmatic Ni-Cu-PGE showings at the base of the WRIC and the discovery of the nickel-rich Canalask footwall deposit, the project hosts strong potential for both "magmatic feeder-type" basal deposits and "epigenetic footwall-type" footwall deposits. The geological setting draws comparison to the world-class Norilsk Ni-Cu-PGE camp.

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