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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

Post by CaseProdemoon Aug 28, 2024 11:01am
134 Views
Post# 36199363

The game has not changed.

The game has not changed.GP came on board a few years ago with a clear plan to put Yellowknive back on the map as a producing high grade camp. He had all the land and 700k ounces ib the ground but was missing the Con mine property.He then said he needed at least 2 million ounces and an option to buy the con to move forward and open a new mine.
A few years later we now have the con option to buy and 1.8 million ounces in the ground. I call that a succes and we are close to move into the next fase.
What is missing is a propper market value for the company and a few more ounces.
GP has not failed it is the market that has not caught up yet. One wedge could change all that.

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