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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 19, 2024 7:00am
83 Views
Post# 35835383

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Keep DrillingIt is only 0 here in Michigan and I got cold doing my driveway. Good luck with minus 40. I would not make it.
We seem to all agree GP is diong the right thing giong slow but keeping the doors open with the money he got. Let's see what he would need to do to make the million ounces he is short right now. If the mine goes on over the 1km it is long every 200 meters deep we would get that million ounces if the gede stays the same. He would get there with the next deep hole if he goes to 500 meters below the mine  and we get at least 12 grams per ton. Keeping it simple. How much more money would he need to get it done? Looking at the past I think 2 million would do it. I know he is looking for 10 million but that is not going to happen in this market. It seems to me by 2025 he can do this even if the market stays this bad. 
That is why I am not going anywhere. 

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