GT Gold Corp. commences exploration drilling at Tatogga
The 2020 exploration program will comprise approximately 10,000 metres of diamond drilling, initially focused on testing new greenfield exploration targets in the Quash Pass area, where two large-scale anomalous trends and several adjacent individual targets have been identified. The Quash Pass target area is located approximately seven kilometres southwest of the known mineralization at Saddle North and Saddle South.
The Company is committed to the protection of all employees and local communities. All work is conducted according to the Company’s robust COVID-19 plan and mitigation measures are in effect. An on-site organizational response team is in operation including a Primary Care Paramedic, as well as comprehensive on-site prevention practices, surveillance and monitoring measures.
Saddle North NI 43-101 Technical Report
On July 6, 2020, the Company released an initial mineral resource estimate for the Tatogga property Saddle North project comprising an indicated resource containing 1.81 Blb copper and 3.47 Moz gold (298 Mt grading 0.28% copper and 0.36 g/t gold) and an inferred resource containing 2.98 Blb copper and 5.46 Moz gold (543 Mt grading 0.25% copper and 0.31 g/t gold). A related National Instrument 43-101 compliant technical report will be filed on or before August 20, 2020, within the regulatory 45 days following the release of the mineral resource.
About GT Gold
GT Gold is focused on exploring for base and precious metals in the geologically prolific terrain of British Columbia’s renowned Golden Triangle. The Company’s flagship asset is the wholly-owned, 46,827 hectare Tatogga property, located near Iskut, British Columbia, upon which it made two significant discoveries in 2017 and 2018 at its Saddle prospect: a precious metal rich vein system at Saddle South and a gold-rich copper porphyry system at Saddle North.
For further information, please contact:
GT Gold Corp. Paul Harbidge President and Chief Executive Officer Tel: (236) 427 5744 Website: www.gtgoldcorp.ca | GT Gold Corp. Shawn Campbell Chief Financial Officer Tel: (236) 427 5744 |
Cautionary Statement Regarding Forward Looking Statements
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