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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 Crashtestdumby1on Apr 21, 2023 11:02am
85 Views
Post# 35407226

RE:Results

RE:ResultsHi Tucker,

I was wondering the same thing and was looking it up.  This was from an email I received last week:

Gold Terra Setting Up For Deep Drilling At Con Mine; Partners With Midas Minerals For Lithium And Rare Earth Minerals - criticalinvestor.eu

A
t the end:

Conclusion
It has been a long wait, but a powerful drill rig, capable of drilling 2,500m deep holes, is being set up now, and will finally be targeting deep mineralization soon at the Con Mine Option Property.

Management already identified a high chance of success, by analyzing historic drill results that often showed high grade intercepts.

As it will be a 2,300m hole, drilling will take about 2 months, and the assays could take another 3-4 weeks, so anticipate results of this deep hole being announced around the summer months.

In the meantime, the company expects to receive the results of 12 drill holes from the winter program at the Campbell Shear, involving Yellorex and Kam Point. Stay tuned!


The article last week said that 12 results were coming.  Today they released 10 of them.

I am thinking the last two are the deep ones at the CON Shaft.  

Those 2 won't be released until Summer so it will be quiet for awhile.  Just my opinion from what I read.
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