Gold Terra Resource Corp V.YGT

New Article

[Crashtestdumby1]

Gold Terra Resource Looking To Delineate Multi-Million Ounce Deposit At Yellowknife City Gold Project, Just Raised C$2.5M - criticalinvestor.eu




I thought this part of the article gave the timelines:

1. Catalysts

Although Gold Terra is already backstopped by 1.78Moz Au in resources, the markets still treat it as a binary exploration play for now. Therefore, only solid drill results that could set the company on a path to a deep, economic 1.5Moz Au resource will have impact. As Gold Terra has almost reached its target depth for the master hole, a compelling drill result from hitting the Campbell Shear is an important catalyst. This master hole will then be followed up by a series of directional holes, taking up far less time to be completed and assayed.

1. Drill results for the master hole 056, expected by the end of June, followed by a summer break
2. Drill results for the first set of 2-3 directional holes, expected by the end of October
3. Other catalysts for 2025 and beyond include:

• 2025 drill program of 5000 to 10,000m aiming for the Campbell Shear high grade target below Con Mine
• Winter 2025 drill program of 10,000m aiming at the Campbell Shear near the C1 shaft
• Winter 2025 drill program of 10,000m aiming at the Campbell Shear North of town + Zone 14
• 2025 Updated Resource / PEA (Target +2 Moz at Con Mine)
• 2026 PFS / FS completion = Production decision

[Crashtestdumby1]

I'm not sure this graph will show up but thought I would try.  You might have to scroll to see it.

[red]

Wow ... that's a lot of great reading on this project, thanks for posting -  the significance of 056 and hitting the CS is the start of the catalyst going forward - clearly today we are way undervalued given the potential that lays here.  GP is supposed to be intown this week - so fair to say....if true - we can expect some news on hitting the CS target he is not coming here to

[red]

With much resting on this Campbell shear target and once better proven the end game at con will become clearer and the of reopening this mine will be a given with huge potential to come at con but also north of town where GP has only cracked the surface  it's not all about the destination but also about the journey and while we longs are comfortable we will get there ...the trip will be

[CaseProdemo]

I second that Red. Might as well have some fun on the way. The bad market has slowed things down and we got clubbed but GP ditched it and kept going. We lost some time but the plan of reopening the mine is alive and well. I have a dream. 

[red]

Agm day today - maybe we hear about progress on 056 

[goingalta]

You know people this Goldterra project to me is a money maker  take some money that you can afford buy a stack of shares sit on them for 6-8 years I can see a 100 fold or greater

[red]

That would be the destination.... and agree we will get there ....but the journey is another story and the only thing, I think, holding us up is results from the Campbell shear when he hits it and then further / more when they run the wedges.... it's a process.  look for more work north of town this winter .... needs some money ! 

[CaseProdemo]

More money that does not hurt current shareholders can come from four things . 1:Sell the company for a much higher higher price than the current market cap.(possible) 2: Bonds loans or other finance options { not available) 3: Great drill results what would create new intrest and a higher valuation.( likely) 4. Better market conditions what would help the stock price for all juniors. ( comming

[red]

So true ...And our CEO is focused on that High grade, which he has proven exists in multiple areas of our claims including north of town and con where 056 is about to prove big time in the coming weeks. once 056 main hole is done, the much cheaper $$ and easier wedge program will follow and at same time we will be back to winter drilling north of town....he will need money to do so and 056

[CaseProdemo]

This post has been removed in accordance with Community Policy

[red]

I assume you mean 056 is only the immediate future.....there is lots of potential north of town. At con we know the drillers are going steady on 056, GP is confident the CS will be hit .....how much high grade does it hold? We will get some indication when they complete this hole and may draw a lot of attention. there is no good reason to believe that the lower Campbell shear is not as good as

[red]

"....Drilling is progressing well with drill hole GTCM23-056 targeting high grade gold mineralization in the Campbell Shear beneath the former Con Mine underground mine workings. Hole GTCM24-056 is currently at a downhole depth of 2,526 metres and on a stable trajectory. The drillhole is showing a crackle calcite veining texture which can be indicative of proximity to a