GT Gold com­pletes drilling at Tatogga

Stockwatch Daily - - FRONT PAGE - Mr. Charles Greig re­ports

GT GOLD Corp. has com­pleted 24,749 me­tres of di­a­mond drilling at its Tatogga prop­erty in north­west­ern British Columbia. The orig­i­nal 18,000-me­tre pro­gram was ex­panded fol­low­ing the dis­cov­ery of ex­ten­sive and high-grade gold-cop­per por­phyry-style min­er­al­iza­tion at GT Gold’s Sad­dle North oc­cur­rence. The com­pany is ex­cited by the many suc­cesses achieved this sea­son and looks for­ward to an­nounc­ing fur­ther drill re­sults over the next sev­eral months as an­a­lyt­i­cal work is com­pleted. GT Gold also rec­og­nizes that its ac­com­plish­ments were largely the re­sult of hard work put in by its ex­plo­ration team and key part­ners, in­clud­ing the Tahltan First Na­tion.

Key ob­jec­tives that were met in this sea­son’s pro­gram in­cluded:

• Suc­cess­fully drill test­ing and ex­pand­ing the Sad­dle North por­phyry sys­tem, which was first iden­ti­fied late in the 2017 drill cam­paign;

• Ex­tend­ing the Sad­dle South gold-sil­ver-min­er­al­ized zones along strike and suc­cess­fully iden­ti­fy­ing ad­di­tional high-grade gold min­er­al­iza­tion at depth;

• Im­ple­ment­ing an ori­ented core pro­gram to bet­ter aid in un­der­stand­ing ore con­trols at Sad­dle;

• Com­plet­ing a more de­tailed sam­pling and ge­o­logic map­ping pro­gram at Sad­dle;

• Ex­pand­ing re­con­nais­sance-scale ge­o­log­i­cal map­ping six to eight kilo­me­tres south­ward to the ex­cit­ing Quash-Pass oc­cur­rence, where con­tin­ued grid geo­chem­i­cal and geo­phys­i­cal work fur­ther de­fined a high-po­ten­tial pre­cious-met­als-bear­ing hy­dro­ther­mal sys­tem;

• Ini­ti­at­ing route plan­ning and per­mit­ting for a road to the Sad­dle area from High­way 37.

Sad­dle South

Min­er­al­iza­tion at Sad­dle South has been ex­tended to well over 1,000 me­tres along strike. It re­mains open to both east and west, as well as at depth, and a new trend with high-grade in­ter­cepts was in­ter­sected at depth to the south. Im­ple­men­ta­tion of the com­pany’s ori­ented core pro­gram has yielded a bet­ter un­der­stand­ing of the struc­tural con trols at S ad­dle South; this en­abled GT Gold to more suc­cess­fully tar­get gold-min­er­al­ized zones (please see GT Gold’s press re­lease dated Sept. 4, 2018).

Sad­dle North

Air­borne mag­netic and ground in­duced po­lar­iza­tion (IP) sur­veys com­pleted in 2018 in­di­cated an ex­ten­sive, strongly mag­netic zone co­in­ci­dent with a charge­abilty anom­aly cen­tred on the gold-cop­per por­phyry in­ter­cept drilled in late 2017. Drill test­ing this anom­aly gave the com­pany its sec­ond ma­jor dis­cov­ery in as many sea­sons. A new gold-cop­per-sil­ver por­phyry dis­cov­ery, known to come to sur­face be­neath thin over­bur­den, has now been in­ter­sected in 12 holes along a strike length of over 600 me­tres, across a width of ap­prox­i­mately 500 me­tres and to a depth of greater than 1,100 me­tres. Min­er­al­iza­tion at Sad­dle North re­mains open along strike and at depth, and grades and widths gen­er­ally ap­pear to in­crease with depth (please see GT Gold’s press re­leases dated Sept. 10, 2018, and Oct. 10, 2018).

Charles Greig, MSc, PGeo, GT Gold’s vice-pres­i­dent of ex­plo­ration, com­mented: “The man­age­ment and board of GT Gold are very proud of the dis­cov­er­ies our team has made at Sad­dle South and North. We were for­tu­nate to be able ex­pand on our planned 18,000-me­tre pro­gram, and with our ca­pa­ble crew and the co-op­er­a­tion of un­sea­son­ably mild weather, we were able to ex­tend the drill sea­son into Novem­ber. With the amount of data col­lected over the past two sea­sons, our team will have a busy off-sea­son as we con­tinue to build upon our un­der­stand­ing of our two very sig­nif­i­cant dis­cov­er­ies.”

Qual­i­fied per­son

Mr. Greig is a qual­i­fied per­son un­der Na­tional In­stru­ment 43-101. He has re­viewed and ap­proved the tech­ni­cal in­for­ma­tion in this press re­lease.

About GT Gold Corp.

GT Gold is fo­cused on ex­plor­ing for gold in the ge­o­log­i­cally fer­tile ter­rain of British Columbia’s renowned Golden Tri­an­gle. The com­pany’s flag­ship as­set is the wholly owned, 44,206-hectare Tatogga prop­erty, lo­cated near Iskut, B.C., close to roads and grid power. The com­pany achieved, in 2017, a ma­jor new gold-sil­ver dis­cov­ery at its Sad­dle prospect, lo­cated up a gen­tle val­ley only 10 kilo­me­tres off High­way 37. The Sad­dle dis­cov­ery com­prises two parts: a high-grade,

near sur­face, ep­ither­mal gold-sil­ver vein sys­tem at Sad­dle South and, close by at Sad­dle North, a largely cov­ered, por­phyry cop­per-gold-sil­ver-min­er­al­ized sys­tem.

We seek Safe Har­bor.

Al­fredo Javier De Lu­crezia, Mau­r­izio Grande, Kevin Michael Keough, Gor­don R Ket­tle­son, Ash­wath Mehra, John Lau­rie Pal­lot, Ta­jpreet Singh

(GTT) Shares: 100,379,529

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