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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 May 02, 2024 11:26am
117 Views
Post# 36019610

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Junior mining biggest problem.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Junior mining biggest problem.Yes it is not a one trick pony. If you look at the five high grade gold camps that are in Canada we are the only company that owns the whole thing. It is realy amazing the potential if only we had access to capital that does not whipe out current shareholders through dilusion. There are other ways to go around this problem by JV options or selling future production. So far GP has not gone this path but he might reconsider if the market stays bad. If he puts us up for sale the going rate for high grade ounces in the ground is well above $ 100. That alone would make us a ten bagger.We have other selling points as well but we realy need a feasibility study to get top dollar for the asset. 
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