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 > Deep hole #2

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Comment by CaseProdemoon Feb 29, 2024 10:51am

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Post# 35906451

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

Wow that is a big number 80 million ounces. If you go down 3-4 km over the 70 mile shear you could get there but remember it is gold not silver and gold is elusive. A lot of that gold is not economical so not in play. Too deep and low grade. You need to find the high grade spots to make this work.
I would be happy if we get to 10% of your dream: 8 million over the next 5-10 years and getting on with the mine in 3-5 years. I do like your optimism.

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