GT Resources Inc V.GT

Drill results Canalask Nickel-Copper Project, Yukon, Canada.

[frankman]

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.