GT Gold (GTT.V) will publish the first ever resource estimate on its Tatogga copper-gold project in the Golden Triangle area of British Columbia. This initial resource will be the culmination of a multiple year effort to define the mineralized areas on the project, and it will be interesting to see if GT Gold has already reached a critical mass.
We aren’t too interested in the open pit portion as we consider that zone to be a call option on a changing political landscape, but the underground zones will be interesting and we are aiming for a 90-100 million tonne underground resource which would be sufficiently large to justify an underground block cave development strategy.
Disclosure: The author has a small long position in GT Gold left after taking some profit off the table.
