Gold Terra Resource Corp V.YGT

Alternate Symbol(s): YGTFF

Metals & Mining Gold

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.

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Gold Terra Resource Corp > Very nice!

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Comment by geolithon May 19, 2022 3:13pm

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Post# 34696208

RE:RE:RE:RE:RE:RE:RE:Very nice!

It is also very useful to look at what is being added and at what cost. Adding 50,000 ounces in a single hole is very good. That hole is a deep one, but really must have cost between $150k and $250k. Adding ounces at $20 to $40 per ounce is wonderful. If they have twice that gold added, and the adjacent holes support that, then the costs could drop to $5 to 10 per ounce. Outstanding. Of course, not every hole hits, but even a one out of two or three is great.

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