GT Gold Clarifies Disclosure on Tatogga Project Technical Information

GT Gold Corp. (TSX-V:GTT) (the “Company” or “GT Gold”) announces that as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to clarify and retract the Company’s previous disclosure contained in the Investor Presentation posted in February and March 2020 on the Company website (the “IP”). Certain information contained in the IP disclosed analysts’ resource estimates with respect to the Company’s Tatogga Project.  Disclosure of these estimates is restricted by Section 2.3(1)(a) of National Instrument 43-101 (“NI 43-101”) and contrary to section 2.2 (a) and (b) of NI 43-101. As such, these estimates should not be relied upon by investors.

The Company is in the process of preparing an independent NI 43-101 compliant technical report with respect to the Tatogga Project. The initial resource estimate is anticipated for release in the second quarter and the accompanying NI 43-101 technical report will be filed within the regulatory required timeframe.

Michael Skead, FAusIMM, is a qualified person under NI 43-101 and has reviewed and approved the contents of this press release.

About GT Gold

GT Gold Corp. is focused on exploring for base and precious metals in the geologically fertile terrain of British Columbia’s renowned Golden Triangle. The Company’s flagship asset is the wholly-owned, 46,827 hectare Tatogga property, located near Iskut, BC, upon which it made two significant discoveries in 2017 and 2018 at its Saddle prospect: a precious metal rich vein system at Saddle South and a gold rich copper porphyry at Saddle North.

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