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 > Valuation?

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Post by Marleeon Dec 17, 2023 8:17pm

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Post# 35789092

Valuation?

Trying to get my head around valuation here if GP finds 2 million ounces below the con mine.

If he finds 2 million ounces, there is the 500k ounces at surfaces and 600k ounces left in the mine. That gets us to roughly 3 million ounces.

any insight/thoughts on what these ounces would be valued at? And how much share dilution would be required to get there?

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