The focus of GT Gold Corp. (WKN: A2DVQM, TSX-V: GTT) is to explore for base and precious metal deposits in the geologically rich area of the famous Golden Triangle region of British Columbia.
On July 6, GT Gold released an initial mineral resource estimate for the Saddle North Project in British Columbia, which represents an Indicated Resource of 298 million tonnes of 0.28% copper, 0.36 g/t gold and 0.8 g/t silver, or 1.81 billion pounds of copper, 3.47 million ounces of gold and 7.58 million ounces of silver, as well as an inferred resource of 543 million tonnes containing 0.25% copper, 0.31 g/t gold and 0.7 g/t silver, i.e. 2.98 billion pounds of copper, 5.46 million ounces of gold and 11.64 million ounces of silver. Newmont is an anchor investor in GT Gold with 14.9% of the shares.