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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 Dec 28, 2024 5:33am
169 Views
Post# 36379269

Billion-dollar wedge hole coming

Billion-dollar wedge hole comingThat title seems absurd at face value. How can any hole represent that much value????
Let me explane how importand the next few wedges are and how they can make or break the Con option for us. The con mine has around 400 drill holes prior to mining the deposit. Those historic results are going to be the standard we compare the new wedge holes against. We are looking 800 meters below the old mine. The shear that holds the gold is only around 100 meters wide like a sheet of plywood between two rock formations. It all came from below and can go for miles deep. It does not take many holes in the plywood for guys like Sprott to be convinced the results look the same as the historic con library. If it looks like a duck and sounds like a duck it is probably a duck.In that case we are sitting on a billion plus dollar extention of the old mine. A banker will probably not write a check untill many more holes are drilled but not guys like us that want to buy the stock before it goes up. Does the title still look crazy? Not to me.
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