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GT Gold gets going on Saddle North

British Columbia-focused explorer GT Gold says it has started a new 10,000m exploration programme at the high-grade Saddle North copper-gold porphyry discovery.
GT Gold gets going on Saddle North GT Gold gets going on Saddle North GT Gold gets going on Saddle North GT Gold gets going on Saddle North GT Gold gets going on Saddle North

GT Gold says it has started new drilling on its Saddle North copper-gold porphyry discovery in BC

Staff Reporter

The company said drilling underway with two rigs would aim is to test up-dip from drill hole TTD108, which previously returned values of 0.83g/t gold, 0.52% copper and 1.39g/t silver over 116.9m. This was the shallowest hole, at 350m, the company drilled in 2018.

The programme will also test along trend to both the northwest and southeast from there and test the down-dip and along strike extensions of the deeper and higher-grade core centred around 2018 drill holes TTD093 and TTD109, the latter of which returned, from surface, a world class interval of 0.62g/t gold, 0.36% copper and 1.17g/t silver over 1,150m.

GT Gold said it would release drill results once received, compiled and interpreted, with an initial release expected toward the end of July.

GT Gold (TSV:GTT) traded 3.45% or C3c higher in Toronto on Thursday at 90c, which capitalises it at $104.45 million.

The equity rallied late last year on a raft of strong exploration results at the Saddle deposit, which included confirmation of the new Saddle North discovery.