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Bullboard - Stock Discussion Forum Gold Terra Resource Corp V.YGT

Alternate Symbol(s):  YGTFF

Gold Terra Resource Corp. is a junior gold exploration company. It holds a portfolio of gold exploration assets in the mining jurisdictions of the Northwest Territories and New Brunswick. Its Yellowknife Project (YP) encompasses 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... see more

TSXV:YGT - Post Discussion

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Post by CNG1978 on Jun 14, 2023 9:43am

Question

The cross section looks like the Campbell Shear pinches down to almost nothing near the bottom of the historic mine workings. The drifting at depth also suggest the mineralization thins near the bottom. 

Is this a function of minimal mining at these levels as the operation wound down or does the width of mineralization shrink.

Is the idea with deep hole to demonstrate that there is still mineralization within the existing mine workings or to discover a new separate zone a little deeper that is similar in nature to the one the Robertson shaft pinched through?

Comment by red on Jun 15, 2023 7:53am
Can only assume that what we see now is based on best guess of interpreted historical drilling.  ygt has all the historical information of previous drilling Unfortunately that drilling was not as deep or focused as what GP is doing now with latest greatest technologies. The site was explored at a depth known to GP ....what we are looking at today will change based on this deeper drilling and ...more  
Comment by CaseProdemo on Jun 16, 2023 7:16pm
The bottom of the mine only looks like that because they stopped mining there. The sheer goes for ever down between 100 meters and 200 meters thick. The deeper you go the richer it gets. The problem is over time the cheer fractures with earth quakes etc. and gets cut off to end up sometimes a mile away. If it was easy anyone could do it Lol. That is where GP comes in. He is the gold wisperer.
Comment by red on Jun 17, 2023 8:12am
Exactly.....and every hole drilled ( which was not done by mirimar or Newmont or others before them, in the way that GP is doing) will reveal a new picture / profile that GP is convinced it needs to be done to answer the questions and clearly he is prepared to do that. He is armed with a lot of information and expertise...and knows he is on to something. at the same time he has no shortage of ...more  
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