GTI to drill juicy gold targets at Niagara project
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Special Report: Deeper, more targeted RC drilling will kick off at the historic Niagara gold project in December, GTI Resources (ASX:GTR) says.
In September, GTI completed a shallow (~45m depth) 52-hole aircore drilling program over the eastern part of the Niagara gold project.
Assays returned a peak result of 2.78 grams per tonne (g/t).
GTI has now analysed multi-element assays from this completed first pass drilling, which suggests that gold is related to anomalous (low grade) bismuth, tungsten and tellurium.
This info – along with previous gold assays — has helped GTI vector in on some targets for deeper drilling, set to kick off next month.
GTI now holds a contiguous land package covering ~5km of the historical Niagara gold trend, within the central part of the Norseman-Wiluna greenstone belt.
This newly consolidated and underexplored belt, which hosts numerous historical shafts and workings, represents a huge opportunity for GTI.
This article was developed in collaboration with GTI Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.