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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 May 02, 2024 11:26am
91 Views
Post# 36019610

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Junior mining biggest problem.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Junior mining biggest problem.Yes it is not a one trick pony. If you look at the five high grade gold camps that are in Canada we are the only company that owns the whole thing. It is realy amazing the potential if only we had access to capital that does not whipe out current shareholders through dilusion. There are other ways to go around this problem by JV options or selling future production. So far GP has not gone this path but he might reconsider if the market stays bad. If he puts us up for sale the going rate for high grade ounces in the ground is well above $ 100. That alone would make us a ten bagger.We have other selling points as well but we realy need a feasibility study to get top dollar for the asset. 
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