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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 the prolific Yellowknife greenstone belt, covering nearly 70 kilometers of strike length on the southern and northern extensions of the shear system that hosts the Con and Giant gold mines. YP comprises the Northbelt, Southbelt, Eastbelt and Quyta-Bell properties. 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. It is also focused on its drilling on the prolific Campbell Shear, where over 14 Moz of gold has been produced.


TSXV:YGT - Post by User

Comment by Systemtogoon Dec 03, 2021 8:30pm
76 Views
Post# 34197389

RE:Newmont buy in completed

RE:Newmont buy in completed I think this is just the beginning. Newmont will want more when those results start coming in. They'll be financing us more in the future, no doubt. The Newmont property is actually pretty small so it's unlikely Gold Terra will find 5 million ounces on that land but elsewhere I think they're being conservative with their 2 miliion ounce estimate. Let's say they do only find 2 million ounces like they say of high grade at at least 10g/ton with gold at $1800 an ounce... even that would be a massive! Now imagine 5 million plus ounces with gold at $2000 plus... we'd be trading north of $10 a share. Even that is conservative. Gold might be well above that in the next few years. Just wait for the market to crash. 
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