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TICKERS: GTT

Firm Plans Two-Phase 2019 Drill Program at Golden Triangle Asset
News Update

Source:

This is a follow-up campaign to last year's discovery of a high-grade copper-gold porphyry system there.

GT Gold Corp. (GTT:TSX.V) announced in a news release the plan for its 2019 drill program's first phase at its flagship Tatogga project in British Columbia's Golden Triangle.

The overall goal of this year's program is to advance Saddle North, a potentially large, high-grade copper-gold porphyry system identified in 2018. As such, in the first phase, GT Gold will conduct about 10,000 meters of diamond drilling using two rigs.

Specific targets will be nearer-surface extensions of the higher-grade mineralization encountered primarily along trend to the northwest and deeper extensions to depth and along strike of the high-grade, or greater than 1% copper equivalent, core mineralization.

"We expect this year's program to be comparable in size to last year's but with the vast majority of the meterage to be drilled on Saddle North," Charlie Greig, vice president of exploration, said in the release.

While drilling is taking place, GT Gold will carry out additional exploration work to develop targets to drill in phase two. These efforts include further induced polarization surveying, geologic mapping and prospecting and an airborne magnetotellurics survey of the entire property. Camp mobilization is scheduled to start on June 1.

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