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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 CaseProdemoon Jan 16, 2024 12:05pm
93 Views
Post# 35829249

RE:RE:RE:RE:RE:Keep Drilling

RE:RE:RE:RE:RE:Keep DrillingThe thing with Newmont is that we have a contract with specific time and result called out in it.
What is our intrest is not for sure in theirs too. It is up to GP to have our backs not Newmont. If he can not get more time without giving up something I have to assume Newmont has an agenda not good for us.If we can not prove there are 1.5 new ounces on the property by the end of next year , they do not have to sell it to us. We have already spent the money that we had to invest to get it done. I also beleive the gold is there but it is not me GP has to convince. We need the market to give us a fair valuation. Time is ticking.That is what keeps me up at this point. 
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