Mining News: Growth of high-grade GT gold discovery continues

GT Gold Corp. Nov. 8 reported additional high-grade gold results from drilling the Saddle discovery at the company’s Tatogga property in the Golden Triangle region of northwestern British Columbia. Highlighted intercepts from the nine holes reported include: 2.59 meters of 42.55 grams per metric ton gold from a depth of 103.23 meters in hole TTD037; 6.6 meters of 12.64 g/t gold and 30.7 g/t silver from a depth of 95.4 meters in TDD040; and 6.87 meters of 10.18 g/t gold from a depth of 463.23 meters in TDD038. Hole 38 extends Saddle South to a depth of roughly 500 meters and the deposit remains open at depth and along strike. “Saddle South continues to deliver excellent high-grade results,” said GT Gold President and Kevin Keough. “And now we have confirmed that mineralization continues at depth. In only four months we have accomplished 1,500 meters of RC drilling and 16,000 meters of core drilling and have achieved one of the most significant new gold discoveries of the past several years in B.C. The target area continues to offer terrific exploration upside.” Assays from 24 of the core holes – 20 from Saddle South and four from Saddle North – are pending.

–SHANE LASLEY