Canadian Mining Journal

News

GOLD: GT Gold grows Saddle North core at Tatogga



The exploration camp at GT Gold’s Tatogga project in British Columbia Credit: GT Gold

The exploration camp at GT Gold’s Tatogga project in British Columbia Credit: GT Gold

BRITISH COLUMBIA – GT Gold has released the results of three drill holes completed on the Saddle North porphyry system at the company’s Tatogga project. Drill intercepts of note include:

  • Hole TTD133: 627 metres of 0.53 g/t gold, 0.37% copper, 1.23 g/t silver (1.04 g/t gold equivalent);
  • Hole TTD134: 558 metres of 0.61 g/t gold, 0.35% copper, 1.28 g/t silver (1.1 g/t gold equivalent);
  • Hole TTD136: 472 metres of 0.39 g/t gold, 0.32% copper, 0.93 g/t silver (0.85 g/t gold equivalent).

These results expand the higher grade core of this target at depth. The higher grade core of Saddle North is estimated to extend for 1,200 metres to 1,600 metres down plunge, over 200 metres to 400 metres of strike and over widths of 40 metres to 450 metres.

Saddle North remains open at depth with untested targets identified on strike.

Additional assays are pending for both Saddle North and Saddle South.

Work is currently underway on a geological model for Saddle North, expected in the first quarter of 2020. An initial resource estimate is expected to follow in the second quarter with a subsequent preliminary economic assessment scheduled for completion by the end of 2020.

The 468 sq. km Tatogga project is located in B.C.’s Golden Triangle district. Saddle North and Saddle South are two recent discoveries on the site.

For more details, visit www.GTGoldCorp.ca.