GTA Resources Drilling of Initial Holes at Northshore Confirms Potential, Yet Shares Hit New Year Lows
GTA Resources and Mining Inc. (GTA.V) reported results from the first 7 holes (WB-12-21 to WB-12-27) of the Phase 3 drill program recently completed on the Northshore Property in northern Ontario.
The company said these latest results further confirm the "potential" of the Northshore property to host both a large scale gold porphyry system and discrete high grade gold zones.
GTA has hit a new year low of 15 cents today despite the announcement. It is now trading at $0.195 per share on volumes of over 723,000.
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