https://miningnorthof60.com/mining-your-business/
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https://miningnorthof60.com/mining-your-business/ Gold Terra is aiming to find more gold on their district size land package located on the doorstep of Yellowknife and set in the historic Yellowknife mining district that produced approximately 14 million ounces of high-grade gold from the former Con and Giant Mines. The company’s management believes there is a lot more gold to be found after their successful 2021 drilling program returned high-grade gold intersections such as 5.22 g/t over 17.86 metres, including 11.2 g/t gold over 4.57 metres in Hole GTCM21 -14, 14.09 g/t Au over 4.65 metres in Hole GTCM21-005, and 5.69 g/t Au over 1.50 metres in Hole GTCM21-004. As the 2021 drilling program continues, Gold Terra will have good news flow with additional assay results over the next few months. In 2021, Gold Terra completed their initial 7,242 metre drilling program in April and after good results, the company started their second 10,000-metre drill program in July. The current Gold Terra’s drilling success close to Yellowknife demonstrates there could be a lot more high-grade gold to be found in this historic mining district Gold Terra’s focus is to demonstrate the continuity of gold deposits associated with the historic gold envelope of the Con Mine and the potential of the gold-bearing Campbell Shear near the City of Yellowknife. The current Yellorex Zone drilling is part of the Gold Terra’s large land package that has high potential for other gold, silver, and base metal deposits to be found. 14 drilling program is focused on the Yellorex Zone in the Campbell Shear immediately south of the former Con Mine on property optioned from Newmont Ventures Limited and Miramar Northern Mining Limited. The Yellorex Zone is a high-priority target for the company as the zone has the same signature as the gold-bearing zones in the former Con Mine and is on the southern extension of the Con Mine’s gold-bearing Campbell Shear structure that produced five-million ounces of gold from the mine. Once the Yellorex drilling is complete, the potential for more discoveries remains high as the two-kilometre stretch along the Campbell Shear remains open at depth and along strike. The aim of the drilling is to delineate a potential gold mineral resource to add a potential anchor resource which could drive a mine development study. The current Yellorex Zone drilling is part of the company’s large land package that has high potential for other gold, silver, and base metal deposits to be found. Gold Terra’s district size 800 squarekilometre contiguous land package covers 70 kilometres of strike length along the main mineralized break known as the Campbell Shear in proximity to the former high-grade Con and Giant gold mines. The company has outlined 1.2 million inferred ounces on four gold deposits knows as the Crestaurum, Sam Otto, Mispickel, and Barney, and will look to expand some of these zones in the future. Close to current mineral resource, the Crestaurum North 15 GOLD TERRA RESOURCE CORP. TSX-V: YGT; FRANKFURT: TXO; OTC QX: YGTFF www.goldterracorp.com Multi-million ounce potential in Yellowknife Gold Belt. Drilling to delineate gold underway on high-grade Newmont option claims south of former Con Mine. and the Ranney Hill Shear targets have had previous drilling, trench, and channel grab sampling which returned values ranging from 4.11-24.9 g/t Au, along with one very highgrade grab sample of 746 g/t Au. Previous drilling results at the Ranney Hill Shear zone support the interpretation that this area may provide an additional 2.5-kilometre strike of untested shear for potentially expanding the current mineral resources. Other future targets include the high-grade silver and polymetallic silver-lead-zinc-gold mineralization zones at the Barney, Angel vein, and Homer Lake areas. As Gold Terra continues with their high-grade Yellorex Zone drilling program, the silver and polymetallic deposits create additional targets that may potentially add value to future exploration, drilling and development planning. The company’s focus is to demonstrate the continuity of gold deposits associated with the historic gold envelope of the Con Mine and the potential of the gold-bearing Campbell Shear near the City of Yellowknife. Gold Terra offers a rare opportunity to invest in a world-class high-grade discovery on the doorstep of Canada’s most prolific past gold production. For more information and company news, please go to our website at www.goldterracorp.com. 7