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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

Post by CaseProdemoon Oct 21, 2022 10:39pm
230 Views
Post# 35040534

GP Attention grabbers

GP Attention grabbersWhy did I invest ? I figured out how much the company would save with going after high grade and not having to build a camp in the middle of nowhere and having the power grid next door.
GP got me with his now famous frase" Everybody goes home at night .  It was not just a nice statement. The cost savings are huge. It would not surprise me if it turns out to be between $100 and $200 an ounce. We all know Grade is king but going home is Queen. Having a 1900 feet shaft is not a bad start either. My personal oppinion is if he gets another 500k next year it is game on. We can always find more down the road. He will have enough to mine for 10 years. It would only take him 2-3 years to pay back the mill and that gives him the time and money to find another multi million ounce deposit. Call me an optimist.  
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