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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 redon Jul 29, 2024 8:27am
134 Views
Post# 36152290

RE:RE:This Stock

RE:RE:This Stock

Toboot, the Con mine was never an "mining problem" in fact to date it is 98% remeadiated ....totally different rock and milling at con vs the giant mine north - it's all laid out in the company reporting as noted do just a small amount of reading to get the facts.

with recent news, the company has laid out its plans for the wedges off hole 56 to hit the same CS that was hit to the north by hole 55. 56 is deeper than 55 and being adjacent gives us huge potential with every wedges drilled toward 55 where the CS was hit.

GP pointed out that 55 was a technical achievement and confirmed the CS runs deeper than the existing 1900 meter depth of the existing 100 million dollar very usable shaft, that was used to pull some 5 million plus oz out of the con and campbell shears.besides being deep it looks to be easy and obvious pickings. Gonna be a new mine operation at this site and will supplement what we have north of town at crest and mispickle etc - which is a huge and largely unexplored area to which we have only scratched the surface on. 

very likely YGT and efforts around and north of Yellowknife becomes the mining story of canada we all hoped for - hang in there, lots to come. 

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