GTA integrates zinc to an all gold portfolio
James Macintosh, President, CEO and Director of GTA Resources and Mining Inc. (TSXV: GTA) in an interview with InvestorIntel CEO Tracy Weslosky discuss the addition of zinc to GTA’s portfolio. Acquiring the Burnt Pond Zinc Project in Newfoundland came with a surprise benefit: a 250 meter extension on the Burnt Pond horizon. James goes on to tells us, “it’s going to be an excellent year,” with respect to their collection of properties in the world-renowned Hemlo-Schreiber gold belt.
Tracy Weslosky: GTA Resources is in Newfoundland, and I understand there’s been over CAD$3 million in staking for zinc alone. Is that correct, in the last year?
James Macintosh: There’s been an extensive staking and it’s been quite exciting. A lot of people are keen on zinc. They’re either looking at Newfoundland or the extension of Newfoundland in Ireland. We’re excited. We’ve got a great property. It’s along strike from Teck’s Duck Pond. We just did 874 meters there. We’re pretty excited. The drilling program went well.
Tracy Weslosky: For those of you in the InvestorIntel audience that may not be familiar with the fact that GTA also has zinc in addition to their gold Hemlo project, can you tell us a more about your Burnt Pond project please?
James Macintosh: Burnt Pond is along strike, as I said, from Duck Pond. We’ve got similar geologic horizons. We just drilled 874 meters and hit a very nice extension of that Burnt Pond horizon. We extended it by 250 meters so we’re pretty excited.
Tracy Weslosky: Jamie, can you give us a quick overview about what GTA Resources is on the TSX-Venture?
James Macintosh: In addition to the Burnt Pond we also have a really exciting suite of properties in the Hemlo-Schreiber gold belt. We’re pretty excited. It’s going to be an excellent year.
Tracy Weslosky: Jamie, for everyone out there who’s a shareholder or interested in becoming a shareholder of GTA Resources, what should we anticipate in the next two quarters…to access the full interview, click here
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