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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 Feb 08, 2024 10:34am
103 Views
Post# 35869802

RE:RE:RE:RE:RE:RE:RE:one great wedge away from a turnaround.

RE:RE:RE:RE:RE:RE:RE:one great wedge away from a turnaround.The failure of the wedge forced us to go all in on the next deep hole. He had to do the wedge program to get as many ounces out of the first deep hole as possible but it also took valuable dollars and time away from the next much more importand deep hole. The first hole did it's job confirming the shear goes on and it has gold in it. It would have never delivered the amount of gold we need being a 200 by 200 meter area. Therefore this is the best thing that could have happened. Money is at a premium and time eats money. This hole can bring enough gold targeting an area 3 times larger. If the market returns this year he can always tap back in to do more but it will be at better values for us shareholders. This buys GP time and saves us from having to give the store away sooner. All just my oppinion. Do your own DD.
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