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GT GOLD, TECHNICAL REPORT RELEASED 2020-08-21

08/21/2020 (MT Newswires) -- GT Gold (GTT.V), currently unchanged at $1.26 apiece, said overnight Thursday it has filed a technical report for the Saddle North project on its 100%-owned Tatogga property in British Columbia, Canada.

Highlights included the "large mineral resource" comprising an indicated resource containing 1.81 Blb copper and 3.47 Moz gold and an inferred resource containing 2.98 Blb copper and 5.46 Moz gold. GT also noted a continuous higher-grade central core of mineralization within the deposit offers optionality and flexibility to be studied as part of the Preliminary Economic Assessment.

CEO Paul Harbidge said: "An updated sensitivity analysis supports the presence of the continuous higher-grade core of mineralization, which has the potential to drive the value for our next key milestone, the Preliminary Economic Study."