GT Resources Samples 5.6 g/t Gold from Schist Target at the CD Gold - Copper Porphyry Project, Yukon
GT Resources Samples 5.6 g/t Gold from
Schist Target at the CD Gold - Copper
Porphyry Project, Yukon
Toronto, Ontario--(Newsfile Corp. - September 9, 2026) -
GT Resources Inc. (TSXV: GT) (OTCQB:
CGTRF) (FSE: 7N1)
the ("Company" or "GT") is pleased to announce initial results from the 2026 field
program on the recently optioned CD Project in Yukon's Dawson Range Gold Belt, located near
Carmacks (the "
Property
" or "
CD
") (Figure 1). CD hosts a gold - copper porphyry target, with valid drill
permits until 2033 and co-incident soil and geophysical anomalies.
"GT's first work program at CD consisted of geological mapping, prospecting and soil sampling. The
field program confirmed historic soil and bedrock gold-copper anomalies and significantly expanded our
knowledge of the geology and alteration styles present on the property. This work has re-enforced our
thesis that
we have an untested porphyry system,
and we also have indications of skarn type
mineralization.
The work program also included a focused airborne MobileMT survey ("Mobile MagnetoTellurics")
results of which are expected shortly. This technology was specifically chosen for its ability to map
subsurface resistivity and conductivity to help identify disseminated sulphide mineralization, alteration,
and geological contacts at depth. The data being obtained complements the existing ground-based IP
('Induced Polarization") and magnetics surveys thereby allowing GT to create a detailed 3D model of the
Maloney Porphyry target which will help identify high-priority drill targets," commented Neil Pettigrew,
Vice President of Exploration.
The CD Project exhibits significant geological parallels to Western Copper and Gold's Casino Porphyry
deposit, situated 90 kilometers to the northwest. The Casino deposit hosts a Measured and Indicated
Resource Estimate of 7.6 billion pounds of copper and 14.8 million ounces of gold (
Roth et al. 2022
).
Exploration Plan and Next Steps
2026
GT's inaugural work program has aided the definition of Maloney Porphyry targets and reduced the
reliance on expensive higher risk broadly spaced or conceptual drill testing, thereby supporting a more
efficient allocation of exploration risk capital.
Mineralogical studies to further refine porphyry style alteration halos and age dating of prospective
porphyry intrusive rocks are planned prior to drill testing.
2027
GT's plans to conduct a 2,500 to 3,000 meter diamond drill program at the beginning of the exploration
season. This campaign will be designed systematically to test the gold-rich copper porphyry potential
and high-grade gold-silver vein targets.
Field Program Highlights
Maloney Target:
Multi-Intrusive Porphyry System:
Geological mapping revealed a series of feldspar porphyry dykes some of which possess
disseminated copper mineralization and porphyry-style stockwork veining.
Traditionally these
dykes have been assigned to the older Whitehorse suite but remain un-dated and may
simply represent a different phase of the prospective younger Casino / Prospector suite
pointing toward a multi-intrusive porphyry centre at Maloney.
Porphyry Style Alteration and Brecciation:
Strong phyllic (sericite-quartz-pyrite) alteration is associated with quartz-feldspar porphyry
brecciation of wall rock quartzite.
Localized potassic actinolite-magnetite-quartz+/-biotite alteration.
Widespread
e
pidote-magnetite-pyrite alteration of wall rock especially felsic tuff proximal to
feldspar porphyry dykes suggests potential for copper- gold skarn style mineralization.
Coincident Soil and Geophysical Anomalies with Alteration Halos
The central magnetic high is a result of strong magnetite alteration of feldspar porphyry dykes
and wall rock.
The IP chargeability anomaly correlates well with a strong gold-in-soil anomaly which in turn
correlates with a zone of strong brecciation and phyllic alteration surrounding the magnetic
high.
Schist Target, an untested vein hosted gold-silver system
Prospecting returned up to
5.6 g/t gold
in weathered breccia vein material confirming historic
results (
6.29 g/t gold
in grabs and trench chip samples of
1.67 g/t gold over 6.5 meters
)
Of the 41 prospecting samples collected over 10% returned greater than 1.0 g/t gold
Soil sampling returned up to 0.141 ppm gold confirming historic gold-in-soil anomalies
Recent work suggests the Schist Target is a structurally controlled vein breccia zone with a strong
arsenic-antimony-mercury-lead pathfinder signature suggesting an epithermal gold system likely
resenting a more distal porphyry-related hydrothermal system.
Geology of the CD Project
The CD Project lies within the Yukon-Tanana terrane (Figure 1), a continental arc that developed along
the ancient Pacific margin of North America from the Late Devonian to Permian and is situated between
the Tintina Fault to the northeast, and the Denali Fault to the southwest. In the CD Project vicinity,
specifically the Maloney Target area, the terrane is dominated by the Devonian and older rocks of the
Snowcap Assemblage, which is in turn dominated by fine clastic rocks, quartzite, psammite and
conglomerate, including marble horizons metamorphosed to amphibolite grade. The Snowcap
Assemblage has been intruded by numerous intermediate to felsic granitoid batholiths since the early
Jurassic, notably in the Casino and CD areas by the voluminous mid-Cretaceous Whitehorse Suite. The
Whitehorse Suite intrusive event (~100-111 million years) was followed by a more restricted late
Cretaceous Casino / Prospector Mountain Suite (~79-72 million years) felsic intrusive event which is
closely associated with mineralization at the Casino, Klaza and Mount Nansen deposits. (Figure 1).
Geological mapping and exploration in general at CD has historically been complicated by limited
outcrop, surficial cover, loess and deep weathering, typical of parts of the unglaciated or partially
glaciated Yukon Plateau. From available outcrop, the geology, structure and intrusive relationships at the
CD Project have many analogs to the Casino deposit. At Casino a late Cretaceous porphyry (Patton
Porphyry) has intruded and brecciated surrounding Whitehorse rocks. This strongly phyllic and potassic
altered-breccias which hosts the gold-rich copper mineralization contains abundant disseminated pyrite
and chalcopyrite and forms a discrete (~1,800 x 1,000 m) pipe shaped halo surrounding the relatively
massive Patton Porphyry. At CD, mapping indicates similar relationships with both Snowcap rock
intruded by late Casino / Prospector suite age (~75 million years) quartz-feldspar porphyritic rocks with
widespread phyllic alteration (sericite-quartz-pyrite) and local intense brecciation. Geophysical data at
CD displays a similar geometry to Casino with a magnetic core interpreted to represent a series of
feldspar porphyry dykes and associated magnetite-rich alteration plunging to the southeast flanked by a
phyllic altered and brecciated IP chargeability rim (Figure 3).
Another style of mineralization present at CD is the vein hosted gold-silver mineralization present at the
Schist Target (Figure 4). Less is known about this style of mineralization, and no drilling has been
conducted. The mineralization at Schist may be related to the nearby, younger Klaza-style vein hosted
gold-silver-lead-zinc deposit (Figure 1) or a more distal epithermal phase of yet to be identified porphyry
system. The Schist target comprises gold, silver bearing breccia veins with arsenic-antimony-mercury-
lead pathfinder signatures in hydrothermally altered Snowcap assemblage rocks. Mineralization within
the breccia veins consists of fine-grained disseminated pyrite and arsenopyrite with manganese oxide,
limonite and strong silica-sericite alteration. The Schist target contains a widespread (2,000 x 500 m)
gold and arsenic-in-soil anomaly and numerous placer mining claims have recently been staked in the
area.
Structurally, CD, Casino and Klaza are all located near the intersection of large-scale northwest and
smaller scale northeast structures which may provide dilation for late Cretaceous porphyry intrusions
and/or hydrothermal vein formation.
Figure 1.
(A) Location map of the CD project and nearby advanced projects (blue dots) and exploration
projects (orange dots) within the Dawson Range Gold Belt. (B) Regional geology surrounding the CD
project, including location of nearby deposits (blue) and exploration projects (orange), notably those of
similar late Cretaceous age "Casino & Prospector Mountain Suite" including Casino, Klaza and Mount
Nansen.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/313486_e30111a8a4bb6b7c_001full.jpg
Figure 2.
Re-interpreted geology and alteration halos of Maloney Porphyry target area resulting form the
2026 mapping program, including recently collected prospecting samples (diamonds) and soil samples
(triangles) overlaid on historic Au-in-Soil samples (circles).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/313486_e30111a8a4bb6b7c_002full.jpg
Figure 3.
3D Isometric view looking northwest of CD's porphyry target showing a core defined by an
inverted magnetic high (purple) flanked by an IP chargeability high rim (orange). This pattern is
interpreted to be a magnetic porphyritic intrusive and alteration (epidote-pyrite-magnetic & actinote-
magnetite-quartz+/-biotite) plunging to the southeast surrounded by strong phyllic (sericite-quartz-pyrite)
alteration halo, brecciation and veining similar to the mineralized breccia zone which surrounds an
unmineralized porphyry intrusive core at the Casino deposit.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/313486_e30111a8a4bb6b7c_003full.jpg
Figure 4.
Shist Gold - Silver Target, with historic gold-in-soil anomalies showing revised geology and
recent prospecting and soil sample which correlate well with historic results.
Field observation indicates
mineralization is hosted withing intensely silicified and sericitized vein breccias with a strong east-west
structural control.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/313486_e30111a8a4bb6b7c_004full.jpg
Figure 5
. Alteration styles form the Maloney Porphyry Target area.
A.
Maloney Main showing
chalcopyrite mineralized feldspar porphyry showing strong weather rind.
B.
Potassic magnetite -
actinolite - quartz +/- biotite stockwork and brecciation in feldspar porphyry.
C.
Strong Epidote +/-
magnetite +/- pyrite replacing felsic tuff wall rock.
D
. Intense phyllic (sericite - quartz +/- pyrite) altered
quartz-feldspar porphyry brecciating quartzite and schist wall rock.
E.
Phyllic Stockwork (bleaching)
alteration of mafic gneiss.
F
. Multiphase quartz stockwork veining in altered felsic tuff wall rock adjacent
to the feldspar porphyry contact.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/313486_e30111a8a4bb6b7c_005full.jpg
Table 1.
Select 2026 prospecting and soil samples form the Maloney and Schist Target areas.
Sample
No.
UTM
Easting
UTM
Northing
Target
Rock Type /
Soil
Au
ppm
Ag
ppm
Cu
ppm
Mo
ppm
As
ppm
Hg
ppm
Sb
ppm
Pb
ppm
Zn
ppm
K135504
359775
6884343
Schist
Breccia
5.640
13.7
9
4
2050
0.684
91
257
46
K135505
359772
6884342
Schist
Quartzite
4.860
2.9
15
1
2820
0.64
44
23
4
K135506
359776
6884334
Schist
Breccia
1.950
6
7
1
3020
1.355
62
277
5
K135513
360039
6884433
Schist
Quartzite
1.215
2.5
10
1
4140
0.096
29
3
4
K135515
360040
6884435
Schist
Schist
1.870
1.3
10
1
6570
0.089
58
7
6
K135522
360123
6884428
Schist
Quartz vein
0.383
1.1
9
1
3650
0.051
96
60
4
K135541
358253
6882992
Schist
Granodiorite
0.019
24.9
3820
2
94
0.033
16
35
285
K135546
358804
6882916
Schist
Quartz vein
0.198
3.8
8
1
913
0.027
840
18
18
K135547
358803
6882919
Schist
Felsic Dyke
0.124
<0.5
65
2
2500
0.041
177
17
82
K135548
348432
6878165
Maloney
Feldspar
Porphyry
0.030
<0.5
1610
6
8
<0.005
<5
6
17
K135549
348434
6878167
Maloney
Feldspar
Porphyry
0.055
<0.5
531
2
10
<0.005
<5
6
13
K135562
348300
6878381
Maloney
Feldspar
Porphyry
0.027
<0.5
371
4
<5
<0.005
<5
6
26
K135572
347427
6878824
Maloney
Felsic Tuff
0.131
1
388
1
11
0.005
<5
16
31
K135573
347377
6878785
Maloney
Felsic Tuff
0.026
0.6
380
3
11
0.006
<5
24
19
K135583
349446
6878134
Maloney
Quartzite
0.104
0.5
546
<1
<5
<0.005
<5
11
71
K135601
359909
6884346
Schist
Soil
0.141
0.73
14.4
0.95
2870
0.46
27.2
14.2
25
K135602
359976
6884348
Schist
Soil
0.047
0.09
11
0.45
217
0.07
4.52
5.1
29
K135603
360025
6884312
Schist
Soil
0.042
0.36
13.2
0.45
212
0.21
4.2
13.9
27
K135604
359726
6884091
Schist
Soil
0.005
0.14
112.5
3.24
56.6
0.26
3.55
9.9
122
K135605
350301
6878324
Maloney
Soil
0.020
0.26
58.8
0.76
11.9
0.02
0.52
10
44
K135606
350299
6878350
Maloney
Soil
0.011
0.13
49.7
0.6
7.7
0.02
0.4
8.4
44
K135607
350195
6878259
Maloney
Soil
0.072
0.34
96.2
1.88
12.6
0.03
0.8
9.2
46
K135608
350302
6878250
Maloney
Soil
0.127
0.25
348
1.63
18.6
0.01
0.79
13.4
41
K135609
347472
6878838
Maloney
Soil
0.031
0.75
349
11.1
22.6
0.01
2.66
17.8
28
K135610
347004
6878818
Maloney
Soil
0.004
0.07
94.8
1.8
8.3
0.01
0.36
10.5
53
* Grab samples are selective by nature and may not be representative of average grades across the property.
* Select soil samples were collected to confirm historic Au and Cu-in-soil anomalies.
QA/QC
A total of 70 prospecting and 10 soil samples were submitted for analysis. Certified Reference Material
consisting of standards and blanks were inserted every 10
th
sample into the sample stream by
Company staff. All Standards passed within 3 standard deviations of the certified value. All blanks
returned below the <0.005 gold detection limit. Samples were collected and deliver the ALS
Geochemistry - Whitehorse by Company Employees. Samples were analysed for gold by fire assay with
an atomic absorption finish and multi element with four-acid digestion followed by Inductively Coupled
Plasma Atomic Emission Spectroscopy.
References
Paulter, J., 2018. Technical Report on the CD Project in the Dawson Range Copper - Gold belt, Yukon
territory for Strategic Metals Ltd.
Roth, D., Hester, M., Marek, J.M., Tahija, L.M., Schulze, C., Friedman, D., Weston, S., 2022. Casino
Project Form 43-101F1 Technical Report, Feasibility Study, Yukon, Canada.
Qualified Person
The technical information in this release has been reviewed and approved by Neil Pettigrew, M.Sc.,
P.Geo., Vice President of Exploration and a director of the Company and the Qualified Person as
defined by National Instrument 43-101.
About GT Resources
GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1)
is a mineral exploration company
focused on the discovery and de-risking of district-scale assets in top tier mining jurisdictions. The
Company's strategy is driven by a disciplined, science-based methodology designed to create
shareholder value by advancing high-potential properties toward production within robust regulatory
frameworks.
In Finland, the Company is advancing its flagship
Läntinen Koillismaa ("LK") Project
, which hosts
significant mineral resources including palladium, platinum, gold, copper, and nickel. In Canada, GT
maintains a portfolio of earlier-stage, pre-resource projects targeting critical and precious metals. The
quality and scale of the Company's project portfolio has attracted strategic investment from
Glencore
plc
, one of the world's largest diversified natural resource companies.
Follow
GT Resources
on
,
, and at
https://gtresourcesinc.com/
.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO or Neil Pettigrew, Vice President Exploration
Email:
Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States of
America. The common shares of GT Resources Inc. have not been and will not be registered under the
U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration.
Information set forth in this press release may contain forward-looking statements. Forward-looking
statements are statements that relate to future, not past events. In this context, forward-looking
statements often address a company's expected future business and financial performance, and often
contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that
an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar
expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause our actual results, performance or achievements, or other future
events, to be materially different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include, among others, risks associated with
project development; the need for additional financing; operational risks associated with mining and
mineral processing; fluctuations in mineral and commodity prices; title matters; environmental liability
claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the
volatility of our common share price and volume; and the impact of governmental entities. Forward-
looking statements are made based on management's beliefs, estimates and opinions on the date that
statements are made and the Company undertakes no obligation to update forward-looking statements
if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned
against attributing undue certainty to forward-looking statements.
Mineralization at Casino is not necessarily indicative of mineralization at the CD project.
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