GTI Resources Concludes SPP & Auger Soil Sampling at Niagara (Kookynie) Gold Project

GTI Resources Limited (ASX:GTR) has concluded its Share Purchase Plan (SPP) announced on 13 July 2020 post closing of the SPP offer on 21 August 2020. The SPP raised $978,000 before costs.

Besides, the significantly expanded 1,000?hole soil sampling program through auger drilling has been completed at the Niagara gold project near Kookynie in WA. The iresults of nfill and extensional multielement geochemical program are due in 2 weeks.

The Company has also secured a drill rig to complete Aircore drilling (expected to commence in the third week of September) and follow up RC drilling (in the third week of October).

GTI shares traded at $ 0.029 mid-day on 27 August 2020.

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