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GTA Resources Starts Drilling at Auden Graphite Project

Charlotte McLeod
Feb. 12, 2014 11:22AM PST
Battery Metals Investing

GTA Resources and Mining Inc. (TSXV:GTA) yesterday provided an update on the exploration programs taking place at its Auden graphite and Northshore gold projects, commenting that drilling has commenced at Auden and will first focus on three isolated electromagnetic conductor targets located in the “Hockey Puck” area.

GTA Resources and Mining Inc. (TSXV:GTA) yesterday provided an update on the exploration programs taking place at its Auden graphite and Northshore gold projects, commenting that drilling has commenced at Auden and will first focus on three isolated electromagnetic conductor targets located in the “Hockey Puck” area.

As quoted in the press release:

These anomalies are characterized as isolated, moderate to strong bedrock conductors, and all are located within or proximal to the southern extension of the alkaline intrusive complex that hosts Zenyatta Ventures Ltd.’s Albany graphite deposits. All three anomalies appear to be nonmagnetic, are accessible by winter trail, and have not been previously drill tested. GTA is also continuing its ground geophysical program of locating and evaluating several other EM conductors identified from the airborne surveys and anticipates further drill testing as these priority targets are outlined.

In terms of the Northshore gold project:

Consulting geologists, Doug Blanchflower, P. Geo of Minorex Consulting Limited., and John Reddick, P. Geo. of Reddick Consulting Inc., have been retained to complete a NI 43-101- compliant mineral resource estimate for the Afric Zone on GTA’s Northshore Gold Property. GTA has now completed a total of 52 holes, totaling 11,390 metres, and has identified the Afric Zone as an intrusive-related porphyry style gold system. The drilling completed by GTA, has delineated the gold zone over a surface area of approximately 500 by 350 metres, to a depth of 350 metres beneath the surface and containing a shallow, central higher grade sub-zone. GTA’s drill data, combined with results from previous operators, is currently being evaluated and modeled by Messrs.’ Reddick and Blanchflower, who have a wealth of expertise in mineral exploration and mineral resource estimation.

Click here to read the full GTA Resources and Mining Inc. (TSXV:GTA) press release.

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