GT Gold extends Saddle South trend

GT Gold Corp. Jan. 9 said assay results from the summer 2017 drill program continue to expand high-grade gold mineralization at the Saddle discovery on the company's Tatogga property in northwestern British Columbia.

Lying alongside Highway 37, just west of the village of Iskut, Tatogga hosts Saddle, a large gold-in-soil anomaly that was previously overlooked due to a lack of outcropping bedrock.

In 2017, GT Gold drilled the first holes into Saddle South, one of two targets identified on the property. This maiden drill program has turned up an exciting high-grade gold discovery that has returned intercepts as high as 51.53 grams per metric ton gold over 6.95 meters; 48.85 g/t gold over 3.36 meter; 20.02 g/t gold over 8.25 meters; and 14.75 g/t gold over 12.15 meters.

This drilling has outlined a continuous zone that stretches more than 300 meters along strike.

TTD059, a reconnaissance hole drilled about 300 meters east of the drilled portion of Saddle South, cut 5.83 meters averaging 12.12 g/t gold.

Hole TTD061, drilled about 200 meters further east, encountered a broad zone of low-grade gold mineralization.

Hole TTD051 encountered a broad zone of low-grade gold mineralization beneath thick glacial cover in the valley about 190 meters west and south of where the majority of Saddle South drilling was undertaken.

GT Gold said these holes have expanded the Saddle South mineralized trend to more than 1,000 meters.

"These latest encouraging results, from both east and west of where the majority of our summer 2017 drilling occurred, confirm our belief that the Saddle South system has considerable strength along strike," said GT Gold President and CEO Kevin Keough. "We look forward to following up as part of what promises to be a major exploration program at the Saddle prospect in 2018."

–SHANE LASLEY