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.

TSXV:YGT - Post by User

Gold Terra Resource Corp > Big gold miners

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Comment by Briocheon Oct 02, 2024 12:38am

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Post# 36249498

RE:RE:Big gold miners

His cost averadge is around 18/20cts (from memory ). This is the floor for a sale. With such a low G&A line he can keep alive the company for a while before finding a buyer. $60 /oz would be a...miracle .. but who knows
Ygt is in a total financial deadlock right now.
Could i be wrong !

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