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GT Resources Drills up to 0.9% Ni at Moshkinabi Intrusion, Tyko Ni - Cu Project
Toronto, Ontario--(Newsfile Corp. - March 11, 2024) - GT Resources Inc. (TSXV: GT) (OTCQB: NKO...
About this update from Gt Resources Inc
[{"type":"text","content":"GT Resources Drills up to 0.9% Ni at Moshkinabi Intrusion, Tyko Ni - Cu ProjectToronto, Ontario--(Newsfile Corp. - March 11, 2024) - GT Resources Inc. (TSXV: GT) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"GT\") is pleased to announce final results from the 2023 drill program on the Tyko II Property, which forms part of the larger Tyko Nickel-Copper Project in Ontario, Canada.HighlightsRepresents GT's first drill testing on the Tyko II Property.Massive sulphide was intercepted at the base of the Moshkinabi intrusion thereby supporting the prospectivity for additional massive sulphide mineralization at Tyko II. Drilling returned: 0.8% Ni, 0.6% Cu over 0.7 meters including 0.9% Ni, 0.6% Cu over 0.4 meters in hole TK23-141Also intersected was disseminated copper-palladium-rich mineralization, within the Kejimalda Zone, which represents an additional style of mineralization and further supports the prospectivity of the area. Drilling returned:0.1% Cu, 0.33 g/t TPM (\"Platinum + Palladium + Gold\") over 24.3 meters including 0.23% Cu, 0.73 g/t TPM over 2.0 meters in hole TK23-142.The Kejimalda Zone extends over a 3-kilometer strike length and ranges in width from a few meters up to 30 meters in width.In Q4 2023, 3,028 meters were drilled in 22 diamond drill holes on the Tyko Project, twelve holes were drilled on the Tyko I Property and ten on the Tyko II Property which are detailed in this release.The Gionet Zone has returned up to 0.38% Cu in soils coincident with VTEM (\"Versatile Time Domain Electromagnetic\") anomalies and remains to be drill tested following receipt of exploration drill permits.\"The first drilling on the Tyko II property has returned encouraging results including up to 0.9% Ni in massive sulphide. The drill program was focused on the Moshkinabi intrusion which is the best mapped and hence understood part of the wider Faries-Moshkinabi mafic-ultramafic complex. Large parts of this intrusive complex remain untested, notably the Gionet Zone which has demonstrated strong copper and nickel soil anomalies coincident with VTEM anomalies. Plans are underway to further explore this large mafic-ultramafic complex once additional Exploration Permits are received,\" stated Derrick Weyrauch, President and CEO. The 2023 drill program comprised 22 holes totalling 3,028 meters on both the Tyko I and Tyko II Properties. Th...