GT Resources Inc. announced drilling of the Electromagnetic ("EM") targets at the Canalask Nickel-Copper Project is now underway. The first drill hole is well underway and is targeting a ~1000m x 400m EM Maxwell plate in the feeder dyke, proximal to the Historic Resource Estimate containing 1.35% nickel in 400kt (while abundant, copper was not historically reported). Plans include drilling up to 2,000 meters plus conducting downhole EM surveys to locate massive nickel-copper sulphide mineralization.

Exploration Target. The "White River Intrusive Complex" (WRIC) is a favourable setting for magmatic nickel-co Copper sulphide mineralization and is considered a "feeder system" with a high volume of magma flow. As evidenced by the abundance of magmatic Ni-Cu-PGE showings at the base of the WRIC and the discovery of the nickel-rich Canalask footwall deposit, the project hosts strong potential for both "magmatic feeder-type" basal deposits and "epigenetic footwall-type" footwall deposits.

The geological setting draws comparison to the world-class Norilsk Ni-Cu-PGE camp. Readers are cautioned that the Company has not attempted to verify the historic mineral resource estimate and therefore readers should not place any reliance on the historical estimate. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource.

The Company is not treating the historical estimate as current mineral resource.