SI
SI
discoversearch

Strategies & Market Trends : Canadian Junior Resource Roundup

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: forbrydelsen who wrote (3259)9/14/2017 3:36:24 AM
From: ayeyou   of 3421
 
Yes that is the real numbers. Last year was my best so far since I opened my new trading account after moving up here to my property in 2013. Closed the year up 485 % and had already made the majority of that between Jan 2016 and July.... This year so far I am right around 180% up on total portfolio. Number one reason for my success is tax loss buying although my biggest winner this year GTT was actually purchased in January after talk got around about this news release , note GTT price at time of that release....it was basically tax loss time price. Hey its not like I dont have duds , I do and yes they piss me off too. I am fortunate enough that I have grown my portfolio to a size where having a couple , or three duds in my portfolio doesnt come at the expense of not having the rest of my cash out there making money. I have been able to diversify my holdings to the point that I now carry a little over 20 stocks at one time whereas in 2013 I was maxed out at about 8 or max 10 plays at one time.
Time for a little reminiscing ......aahhhhhhhhhhhhhhh



Symbol C : GTT
Shares Issued63,380,281
Close 2016-12-13C$ 0.24
Recent Sedar Documents

View Original Document

GT Gold soil samples up to 6.13 g/t Au at Tatogga

2016-12-13 07:01 MT - News Release



Mr. Kevin Keough reports

GT GOLD'S SADDLE TARGET CONTINUES TO DELIVER OUTSTANDING GOLD-IN-SOIL VALUES WITHIN A BROAD, COHESIVE ANOMALY

GT Gold Corp. has received assay results for 22 remaining soil samples from a line of 33 collected in August this year over the company's Saddle South gold target on the Tatogga property in northwestern British Columbia, Canada. Assays for 11 of the 33 samples were reported earlier (see Nov. 30, 2016, news release and table). Results for an additional 265 soil samples collected in October this year from a 25-metre-by-25-metre grid in the area of the August sampling have also been received. Assays from both programs closely compare statistically with those of two previous soil sampling programs carried out over Saddle by GT Gold subsidiary New Chris Minerals in 2013 and 2014. Datasets for all programs have therefore been combined and modelled, allowing for a greatly improved understanding of the Saddle South anomaly. The results continue to impress for their remarkable tenor and continuity. Saddle is an entirely new prospect and has never been drilled. It represents among the more promising untested gold targets in B.C.'s renowned Golden Triangle.

The Saddle South anomaly presently spans at least 1.5 kilometres in an east-west direction and contains an irregular core of very high gold-in-soil values as defined by contoured values exceeding 500 parts per billion (0.5 gram per tonne) Au. Excluding a lobe of high gold-in-soil values in the eastern reaches of the anomaly, the core zone spans a distance of approximately 300 metres east-west by 225 metres north-south, and it remains open to the west under cover. This core of very high gold-in-soil values is itself encompassed by a considerably larger anomaly of lower tenor but still excellent values, as evidenced by the plus-100 ppb (0.1 g/t) Au contour on the accompanying figures. The plus-100 ppb Au anomaly remains open to both east and west within the 1.5 km long Saddle South trend.

Excluding the eastern lobe of high gold-in-soil values, a total of 58 samples from all soil sampling programs (2013, 2014, 2016) fall within the core area of the plus-500 ppb (0.5 g/t) Au contour. The assays for these 58 samples have returned an average value in soils of 7.43 grams per tonne Au (0.22 ounce per ton). The median soil assay falls between 1.61 and 1.80 g/t Au. Thirty-three of the 58 samples (57 per cent) returned assays greater than one g/t Au. Eleven of the 58 samples (19 per cent) returned assays greater than 10 g/t Au.

The Saddle gold anomalies appear as separate and subparallel west-northwest-trending anomalies covering at least 1.5 kilometres (Saddle South) and one kilometre (Saddle North) along trend. The sampled part of the Saddle South anomaly occupies a largely moss- and grass-covered, saddle-shaped upland ridge and tableland with very little outcrop. Where parts of the anomalous zones do outcrop, veining and alteration are generally subtle, although a number of high gold values were returned from grab samples of rusty-weathering quartz-sericite-pyrite altered volcanic host rocks. For these reasons the Saddle gold anomalies were likely overlooked by early prospectors and geologists in the region.

Commenting on the results, Charlie Greig, vice-president, exploration, stated: "These latest results confirm we have a large core of exceptionally high soils surrounded by a broad area of excellent values. We also see some considerable breadth in the north-south direction where the highest values occur, giving us a couple of beautiful bull's eyes to point a drill at. Because local pyritization of the host rocks in part corresponds with high Au values in soils, we feel that induced polarization surveying stands an excellent chance of outlining other high-priority targets. Both Saddle zone anomalies are broad and very much continuous, but they are not generally well exposed -- geophysics and drilling will be integral tools in future exploration at Saddle."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.