Join our daily newsletter At The Bell to receive exclusive market insights
- GTI Resources (GTR) is gearing up for reverse circulation (RC) drilling after it uncovered multi-element assays at the Niagara Gold Project
- The company conducted a first-pass shallow aircore campaign to uncover the assays at the WA project
- It comes after the company analysed previous gold assays, where up to 2.78g/t gold was intersected
- The earlier gold results — combined with the multi-element assays — have helped GTR refine its drill targets
- They’ll now be tested in a RC program, which is expected to begin in December
- GTI Resources is down 5 per cent and shares are currently trading for 1.9 cents each
GTI Resources (GTR) is gearing up for reverse circulation (RC) drilling after it uncovered multi-element assays at the Niagara Gold Project.
The company conducted a first-pass shallow aircore campaign to uncover the assays at the WA project.
Niagara lies roughly six kilometres southwest of Kookynie in the central goldfields of Western Australia and consists of one granted exploration licence and six prospecting licence applications.
Numerous workings occur both within and to the north of the project, which has been subject to trenching, sampling, and shallow drilling.
This analysis follows on from the previously announced gold assay results, where up to 2.78g/t gold was intersected.
The previous gold results — together with the multi-element assays — have helped GTI refine its drill targets.
These targets will now be tested in a reverse circulation program, which is expected to begin in December.
The previous work also defined other anomalies in sub-cropping basement rocks, which are expected to be drilled in this upcoming RC program.
GTI Resources is down 5 per cent and shares are trading for 1.9 cents each at 12:53 pm AEDT.
