GT Gold Drills a New High-Grade Gold Discovery at Saddle South; Strong Intercepts in Multiple Holes Including 13.03g/t Au Over 10.67m; Drilling Continuing, More Assays Pending

VANCOUVER, BRITISH COLUMBIA--(July 25, 2017) -GT Gold Corp. ("GT Gold" or the "Company") (TSX VENTURE:GTT) - GT Gold is very pleased to report a significant new gold discovery at its Saddle South prospect, located on the Tatogga property in northwestern British Columbia, Canada. Ongoing drilling has cut a steeply dipping, east-west trending, high-grade gold+/-silver quartz-carbonate base metal sulphide vein system displaying strong down-hole widths and good continuity. The gold-bearing system has been intercepted in 20 reverse circulation ("RC") drill holes (reported herein), and in all ten diamond drill holes completed to date (sampling underway, assays pending). The intercepts are from drill setups spanning roughly 200 metres in an east-west direction, and are as deep as 213 metres (hole TTD010) from surface. The Saddle South gold discovery remains open both to depth and laterally, and diamond drilling is continuing. Assay results from the core drilling will be released as they are received, and a second drill may be added to the program.

Highlights:

 

High-grade gold system hit at Saddle South in multiple holes along a 200 metre strike length to 213 metres from surface; open along strike and to depth

13.03 g/t Au over 10.67 metres from 7.01 to 17.68 metres in hole TTR008

Including 41.60 g/t Au & 144 g/t Ag over 1.52 metres from 14.63 to 16.15 metres

8.75 g/t Au over 8.53 metres from 17.68 to 26.21 metres in hole TTR013

Including 18.06 g/t Au over 2.44 metres from 19.20 to 21.64 metres

14.11 g/t Au over 3.05 metres from 46.33 metres to 49.38 metres in hole TTR017

Including 21.10 g/t Au over 1.52 metres from 47.85 to 49.38 metres