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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 18, 2024 9:52pm
99 Views
Post# 35887154

RE:RE:RE:RE:Deep hole #2

RE:RE:RE:RE:Deep hole #2Yes I also beleive he just got started. If he had the funds he could probably find another 5 million ouces. That's not happening in this market.
His next priority should be a feasabilyty study after he gets this hole done and adds at least one million ounces to the count. The gold in the ground only means something if he can get it out for less that $ 1000 per ounce. You can get the ball rolling to build a mill if you have the study in your hand. GP is well aware how the game is played and he also knows there are several ways to get it done. The money is not cheap, the sharks want the keys to the kingdom so he is forced to go slow. 

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