Mr. Wayne Reid reports

GTA INITIATES EXPLORATION PROGRAM ON THE IVANHOE PROPERTY

GTA Resources and Mining Inc. has started a program of prospecting and drill core sampling on its Ivanhoe property located near the town of Foleyet in Northern Ontario. The 100-square-kilometre (616 claim units) property is located between Probe Mines Ltd.'s new gold discovery at Borden Lake and the prolific Timmins gold camp.

Geologically, the Ivanhoe property is located in the western portion of the Swayze greenstone belt, proximal to the Kapuskasing high metamorphic terrain. It is underlain by rocks typical of the Timmins gold camp, and includes variably altered and deformed mafic and ultramafic volcanic rocks, intermixed with Timiskaming-type conglomerates and porphyry intrusives. GTA interprets the western extension of the Destor Porcupine fault zone to extend across the Ivanhoe property. The north part of the property is underlain by the Slate Rock Lake deformation zone and associated porphyries.

Two areas of anomalous gold mineralization are known from previous work carried out on the property in the 1980s but are poorly documented in the existing Ontario MNDM assessment file database. The Utah gold zone was discovered in 1986 by Utah Mines Ltd. while testing an induced polarization chargeability anomaly. The zone is described as a highly sheared, siliceous carbonate sericite zone containing pyrite and arsenopyrite mineralization over widths up to 20 metres. The second zone, Slate Rock porphyry, located five kilometres west of the Utah zone mineralization, exhibits porphyry-style mineralization over a 150-metre core width and was drill tested by B.P. Resources Ltd. in 1986. Both zones are completely open and appear to be traceable with existing ground geophysical data.

GTA has located drill core from the 1986 drilling in the Timmins core library and it has been made available for additional sampling by GTA. This sampling consists of both quarter splitting previously sampled core and half splitting core that was previously not sampled. One hundred forty-three split core samples from the historic drill holes have been sent for gold analysis and results are pending.

GTA has also begun fieldwork at Ivanhoe, which to date has focused on prospecting along the north part of the property. A total of 123 prospect samples have been sent for gold analysis and results are pending. The prospecting/sampling program is continuing. Results will be reported as they are received.

GTA is fully financed for this prospecting and drill core sampling program, having raised flow-through funds earlier this fall (see GTA's press release of Aug. 5, 2014).

Robert Duess, PGeo, vice-president of exploration for GTA, qualified person as defined in National Instrument 43-101, is responsible for this release and supervised the preparation of the information forming the basis for this release.

We seek Safe Harbor.