GT Gold Corp. is a new company focused on exploring for gold in the geologically fertile terrain of British Columbia’s Golden Triangle. The company’s flagship asset is the wholly-owned Tatogga property, located off highway 37 in northern B.C., upon which we have recently achieved an entirely new high-grade gold discovery at the Saddle prospect. The Saddle prospect was developed by GT Gold from grass-roots exploration in the period since 2011.
The Saddle target area consists of separate and sub-parallel WNW trending gold-in-soil geochemical anomalies, with attendant induced polarization (“IP”) geophysical responses, that at present cover at least 1.5 kilometres (Saddle South) and 1.5 kilometres (Saddle North). The soil anomalies are of high tenor and are now known, following the recent discovery, to reflect in-situ bedrock gold mineralization.
Possibly because the Saddle South anomaly occupies a high, largely grass-covered tableland above treeline with very little outcrop, and the Saddle North anomaly occupies a mostly till-covered valley bottom, the anomalous area was missed by early prospectors and geologists. Until GT Gold’s recent work, it had never been drilled.
The Company is well financed and is currently executing a major exploration program at Saddle, expected to wrap up for the season in October this year. Based from an on-site camp, the program consists predominantly of reverse circulation drilling (now complete) and HQ-diametre core drilling (continuing). Additional site activities include ground geophysical surveys (IP), prospecting, soil sampling, drone-based photogrammetry, petrography and mineralogy, and archaeological and environmental surveys. This effort is led by our highly experienced and qualified team of industry-knowledgeable veterans, including discovering geologist Charles J. Greig, well known in the B.C. industry and an expert in the Golden Triangle area in particular.
Genuinely new discoveries are uncommon in our business. GT Gold’s management feels fortunate to have delivered the Saddle discovery, and looks forward to unfolding the story.