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Gold Terra Resource Corp V.YGT

Alternate Symbol(s):  YGTFF

Gold Terra Resource Corp. is a junior gold exploration company. The Company holds a portfolio of gold exploration assets in the mining jurisdictions of the Northwest Territories and New Brunswick. The Company’s Yellowknife Project (YP) encompasses about 918 square kilometers of contiguous land immediately north, south, and east of the City of Yellowknife in the Northwest Territories. The district-size property lies on the Yellowknife greenstone belt, covering nearly 70 kilometers (km) of strike length on the southern and northern extensions of the shear system that hosts the Con and Giant gold mines. YP is comprised of the Northbelt, Southbelt, Eastbelt and Quyta-Bell properties in the Northwest Territories as well as additional claims and property interests. Its Con Mine Option Property is located beside the City of Yellowknife and adjacent to its 100% owned Yellowknife City Gold Project in the Northwest Territories. It also holds the Mulligan gold project in New Brunswick.


TSXV:YGT - Post by User

Comment by CaseProdemoon Jul 03, 2023 6:52am
81 Views
Post# 35524579

RE:RE:RE:RE:RE:Drill at 1600m on June27th

RE:RE:RE:RE:RE:Drill at 1600m on June27thI like it too. It will add ounces he did not count on. Looking for the needle in a hay stack does not apply here. That is what makes us different from 95% of all other junior explorers. Yes we are small now like all the others but we have a world class district scale project. Unlike all the others. Let me explaine why our haystack is full of needles. We are looking for sheer zones with quartz vains running through them in between two rock bodies. We know this sheer is 70 km long average 100 meters thick and who knows how deep. It is displaced by other sheers and shifts over millions of years.That is not a needle more like a pole that sticks out. Every time you hit the sheer it has gold in it. We won't know how much untill we start mining it. Driill results are only indicators and this deposit has proven to be much much richer than any drill could ever find in the past. That is why GP came on board and will built this mine in my oppinion. Or Newmont will buy us and do it themselves.Being in town is just a bonus to bring the cost down and it becomes too compelling not to built it the more gold we find. In the end it is all aboud how much proffit the mine will produce. Newmont only walked away because they did not like to be associated with the Giant mine enviromental disater next door on the same sheer.They had plenty of other fish to go after with no liability. 20 years later that is no longer an issue. The government cleaned it up already. The only reason they gave us the option to buy the Con to GP was they only have 5km and we own 65km of the sheer. Too small to do it themselves without our land package.
It is simple. Sooner or later the market will turn and we have the best project to make money on. 
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