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 > Wedges ?

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Comment by CaseProdemoon Aug 21, 2024 9:40am

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Post# 36189538

RE:RE:RE:RE:RE:Wedges ?

I agree Red this fall is make or brake for us.. It is time to get back to work and get that first wedge in to prove the Campbell shear is present and holds gold. What worries me is what will happen after the money runs out . We can not affort another financing at current prices. It would be better for shareholders to look for JV oportunities on the ground north of town we are not going to use any time soon.Or he could sell some royalty on future revenue. Perhaps he can pull another rabit out. It is only a matter of time the market will come back with gold at all time high and going higher.Timing is everything. Giving the farm away now makes no sence to me.

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