GTA Resources CEO on hitting the gold zone
“Gold was returned in every hole…all 4 holes hit the gold zone and it is strongly encouraging numbers…” — states Peter Clausi, CEO, President and Director of GTA Resources and Mining Inc. (TSXV: GTA) in an interview with InvestorIntel’s Kelly Bird.
Kelly Bird: What’s next for the Big Duck Lake property?
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Peter Clausi: One of the samples ran over detection limits. That is back in the lab so we can ascertain the exact gold value out of that one sample. Then our technical team will compile all of the data. We will probably be back, I would guess, into May or June for a follow up program. Not drilling right away, but to do more surface work, possibly some IP, maybe a mag survey, but we will probably be drilling there in late summer/early fall.
Kelly Bird: Why should shareholders be investing in GTA right now?
Peter Clausi: A recent report was put out by one of the research firms that looked at proven ounces in the ground versus market capitalization their conclusion was GTA Resources was the cheapest stock on the stock exchange with that ratio because we have proven ounces at Northshore and the price of the stock had drifted. It is, in our opinion, it is an undervalued gold company with proven gold in the ground and a highly prospective other property in Hemlo…to access the complete interview, click here
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