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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 Sep 09, 2022 12:40pm
99 Views
Post# 34952471

RE:RE:RE:RE:RE:Gold is hard to find.

RE:RE:RE:RE:RE:Gold is hard to find.I think we're clearly on the right track for some major potential, no doubt whatsoever. YGT is one of the most undervalued juniors I've seen in a very long time. I will just say though that GP talked up the game a bit too much. When you do that, people have very high expectations and the share price is going to get hurt if you don't meet those expectations. I think most people here thought we'd be sitting on 2mil oz total after this resource and that we'd have an estimate on the 6000m of drilling we did on Mispickel as he said we would. Personally I'm very happy with the grade of about 7g/t but it's also short of the 10 he kept touting. I think GP needs to tone things down a little bit and come out with more conservative expectations. All that being said, we're just getting started here. We're sitting on about 1.75 mil oz inferred PLUS the drilling on Mispickel from last winter that hasn't been included PLUS another potential 600k oz of high grade from historic drilling. We're open in all directions and we know exactly where to drill. Things could definitely be worse!
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