Welcome to GTA Resources
GTA Resources is a resource exploration company with three high quality Canadian projects, listed on the TSX Venture Exchange under the symbol GTA.V
Auden: GTA’s 100% owned Auden Property in northern Ontario is adjacent to Zenyatta Ventures Ltd.’s Albany graphite project. GTA is the largest landowner in the area, and is the only company (other than Zenyatta) to have known electromagnetic (conductive) targets. GTA has flown an airborne electromagnetic and magnetic survey on Auden in October, 2013 and anticipates further work on Auden in the latter part of 2013.
Northshore: GTA has drilled over 10,000 metres at Northshore on its Northshore Property 70 km west of Hemlo. The results from Phase 4 Exploration were released May 9, 2013, May 28, 2013 and July 18, 2013. The known surface area of mineralization is roughly 450 x 300 metres, with the deepest intercept at more than 300 metres, with numerous high grade intercepts and multiple occurrences of visible gold. Previous results from Northshore included an intersection of 12.49 g/t Au over 33.2 meters within a zone assaying 3.21 g/t Au (1.20 g/t cut) over 152 metres in hole WB-11-11 (press release of Feb. 14, 2012).
Most of the 47 holes at Northshore produced significant gold intersections within a strongly altered felsic intrusive package, often including multiple occurrences of visible gold mineralization. Gold mineralization occurs in low-sulphide, brittle veins and veinlets throughout the host intrusive phases and has strong affinities to porphyry style gold deposits. GTA’s understanding of Northshore has been informed by the roughly 8000 metres drilled by former operators (not NI 43-101 compliant).
Squid: In August 2013 GTA began a 400 m drill program on the newly discovered Exploits Zone at Squid East in the Yukon, based on the recently reported chip sampling which returned 1.96 grammes per tonne (g/t) gold over the entire 22.0 meter (m) trench length. Included in this is a higher grade interval of 6.39 g/t gold over 4.0 m.
That drill program showed the Exploits Zone to have significant gold and silver mineralization with assay results up to 1.54 grams per tonne (g/t) gold (Au) and 114 g/t silver (Ag) over 21 metres in hole SE13-002. This hole also contained a higher grade zone of 2.43 g/t Au and 185 g/t Ag over 12 metres.
GTA has a very strong balance sheet, and is fully funded for the next round of exploration and beyond.
Latest Press Release
- Press Release – October 8 2013 – Squid drill results
- Press Release – October 2 2013 – Auden Airborne Commencement
- Press Release – Aug 19 2013 – Squid drill start and advance notice
- Press Release – Aug 13 2013 – Auden final
- Press Release – Aug 6 2013 – Squid trench results final
- Press Release – July 18 2013 – Nothshore Final Phase 4 Drilling Results
- Press Release – May 28 2013 – Northshore drill results