Gold Terra Resource Corp V.YGT

Alternate Symbol(s): YGTFF

Metals & Mining Gold

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.

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Gold Terra Resource Corp > napkin numbers

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Comment by CaseProdemoon Oct 25, 2022 10:30am

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Post# 35046438

RE:RE:RE:RE:RE:napkin numbers

So is the answer that we can get the 650k out because it is deep enough to pose no risk to the town? It will probably need a study to prove it in today's environment. I like to get a discussion going on my napkin numbers compared to other guys napkins. One of my questions is do we realy need a 20 year live gold reserve to get started on building the mine? Especially because we will be so profitable to be able to pay it all back in 2-3 years. There is a lot less risk involved here than 90% of other mines being financed as we speak.We have the grade, scale, management and everybody goes home at night. lol. Am I missing something?

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