Issue link: http://resourceworld.uberflip.com/i/759903
D E C E M B E R / J A N U A R Y 2 0 1 7 www.resourceworld.com 53 NEW diSCOvEriES The Northshore property is a joint ven- ture between Balmoral and GTA. GTA is the current operator of the joint venture and, prior to the summer 2016 program, held a 51.4% interest in the property. In addition to its 48.6% interest in the Northshore property Balmoral currently holds a share position in GTA for invest- ment purposes. coMstock rePorts 12.19 Metres of 5.53 G/t Gold at Qv Project Comstock Metals Ltd. [CSL-TSXV; CMMMF-OTC] provided an update on its ongoing Rotary Air Blast (RAB) drill- ing program at its 100%-optioned, +16,335-hectare, QV property in the White Gold district of the Yukon Territory. A total of 2,299.70 metres of drilling have been completed in 32 holes since late August. The RAB drill program was designed to inexpensively and rapidly screen numer- ous prospective targets for subsequent follow-up with a diamond drill program. These prospective target areas include the VG deposit area, as well as the previously undrilled Shadow and Stewart targets. Highlights include: • 12.19 metres averaging 5.53 g/t gold starting at 83.82 m below surface in 16QVRAB017, within a wider interval of 57.91 m averaging 1.89 g/t gold that extends to the end of the hole at 114.30 m depth. This significant intercept is a 50m step-out down dip of hole VG13-12, and demonstrates that the VG deposit is open and untested to the west in this area. • 10.67 m averaging 1.65 g/t gold starting at 16.76 m below surface in 16QVRAB014 within a wider interval of 64.01 m aver- aging 0.52 g/t gold that extends to the bottom of the hole. This large intercept is considered important as it correlates with a resistivity low, the top of which was cut by 16QVRAB006 (35.05 m averaging 0.46 g/t gold), collared 185 m to the east and demonstrating strong potential for extend- ing the VG deposit to the northeast in this area with further diamond drilling. • 18.29 m averaging 1.14 g/t gold starting at 85.34 m below surface in 16QVRAB018 and extending to the end of the hole at 103.63 m depth. Hole 16QVRAB018 was drilled to the north from the same loca- tion as hole 16QVRAB017, reported above; combined the two holes have extended mineralization 100 m down dip of dia- mond drill hole QV13-12. n RESOURCES AND MINING INC. Ontario FINDING GOLD GTA.V info@GTAresources.ca