The Conversation (0)
GT Gold Drills High-Grade Gold and a New Copper-Gold Porphyry at Saddle North
Dec. 13, 2017 08:50AM PST
Precious Metals InvestingGT Gold Corp. (“GT Gold” or the “Company”) (TSX VENTURE:GTT) is pleased to report assay results from early reconnaissance drilling of the very large Saddle North target, located approximately 500 metres north of the high-grade Saddle South gold discovery on its 100%-owned Tatogga property. High-grade vein-hosted gold was intersected in holes TTD057 and TTD063, which were drilled near the …
GT Gold Corp. (“GT Gold” or the “Company”) (TSX VENTURE:GTT) is pleased to report assay results from early reconnaissance drilling of the very large Saddle North target, located approximately 500 metres north of the high-grade Saddle South gold discovery on its 100%-owned Tatogga property. High-grade vein-hosted gold was intersected in holes TTD057 and TTD063, which were drilled near the west end of the Saddle North trend. Two kilometres to the east, porphyry copper-gold-silver mineralization which began at surface, strengthened steadily with depth, and that continued to the end of the hole at 234 metres, was intersected in TTD062. Hole TTD064, drilled 1,000 metres west of TTD062, intersected similar, though narrower and richer, porphyry-style copper-gold-silver mineralization. Holes TTD062 and 064 targeted a high intensity geophysical anomaly located under considerable glacial cover to the east of the area of known high-grade epithermal gold potential targeted by holes TTD057 and 063.
As quoted in the press release:
“The Saddle North copper-gold-silver porphyry is the latest discovery to emerge from the broader Saddle target area,” said Kevin Keough, President and CEO. “We are excited by the early results and the potential of this large system. We believe it is largely uneroded and, along with continued exploration of the impressive high-grade gold-silver systems at Saddle South and on the western end of the Saddle North Trend, we intend to make it a focus in 2018.”
