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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 Oct 17, 2024 4:09pm
62 Views
Post# 36270539

RE:RE:RE:RE:RE:RE:RE:RE:YGT and the Lassonde curve

RE:RE:RE:RE:RE:RE:RE:RE:YGT and the Lassonde curve

Thanks for that comment 

insofar as con mine restart the only thing we really know is the significance of several elements of existing infrastructure and site work from roads, Lay down  areas,  containment cells, Shafts, warehouse, WTP , power grid etc even the site is fenced and has security gate house  at the entry, Those alone  are significant somethings to have that few if any would have. whether is 100 million or 200 million  valuation  or maybe even more regardless it's that much easier to get rolling when the time comes. 

add to the mix - it's a permitted mine site 

Insofar as local support, not a single person I know here has ever expressed any concern and all of them would embraced the project and recognize its the shot in the arm that the community needs - it would be a symbiotic relationship Mine and City ( been there done that) Sure there will always be some who think the dog walking trails in that area belong to them but that's the way of the world these days.

The most important and really the ones that have the most say is local FN , YKDFN and the TliCho, both organizations have dramatically expanded their Business arms and significantly cater to mining companies  with the business they develop and more recently start taking over of many existing. They understand the value these developments bring to thier people and coffers - it too is symbiotic - GP is clearly aware of this and well versed in these matters.

so yes we do need to hear more of the meat and potatoes but what ever it is we know it's big savings over what others may have to do elsewhere and that will show up in volumes in due course. Not only is GP sitting on gold the entire site is a golden opportunity for everyone involved. 

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