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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 24, 2024 8:33am
56 Views
Post# 36279881

RE:Keep Drilling

RE:Keep DrillingI think your right on the rig and ways to keep moving forward. No matter how we look at it, the wedges are a one at a time situation given we have one master hole 056, to work with.

it will be interesting to see at what level below 2000 m between about 3000 that he starts to wedge north, likely a shallower start ? We know he has some indicators of the CS to the north of hole 056 so at any level he is very likely to hit the shear. So at what level is it most likely to be the shortest route? And is that the least cost ? Somebody knows.

references to banks, BRICs and currencis seem to indicate that inventory is gonna be needed by big players as demand increases, GP needs to prove he has it, he has the confidence and if so maybe this game changes quickly. One wedge at a time....
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