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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 02, 2023 2:18pm
82 Views
Post# 35524267

RE:RE:Drill at 1600m on June27th

RE:RE:Drill at 1600m on June27thGreat interview. Same message. Find 2 million ounces ( another million to go) and buy the con mine.
Then built a processing plant and start making money. You are right Red the sky is the limit.
This fall we will know if GP was right and the deposit keeps going below the mine. If it does not he will not buy the mine and we go back north of town and regroup. It would still make sence to built a producing plant and make money within driving distance of town. Cost to produce would be below $1000 an ounce and we already have 1.2 million ounces to get the mine going for ten years. This is going to happen folks with or without the con property. Bad markets do not stop investors  and banks from investing in projects that make lots of money. It just makes investors richer who jump in before the market turns. Go long.
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