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Gold Terra Resource Corp - YGTFF STOCK NEWS

Welcome to our dedicated page for Gold Terra Resource news (Ticker: YGTFF), a resource for investors and traders seeking the latest updates and insights on Gold Terra Resource stock.

Gold Terra Resource Corp. (YGTFF) is a Vancouver-based company focused on exploration and development of high-grade gold properties, with a primary focus on the Campbell Shear structure located in the Yellowknife Project (YP) in the Northwest Territories. The company controls a significant land package covering one of Canada's major high-grade gold camps. Through strategic acquisitions, Gold Terra aims to expand its resource base and establish Yellowknife as a premier gold mining district. Recent drilling activities have shown promising results, with the potential to add substantial ounces to the existing resource estimate.

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Gold Terra Resource Corp. announced positive progress on its drill hole GTCM24-056 at the Con Mine Option Property, targeting the Campbell Shear, with a current depth of 2,265 meters. The drilling is scheduled to intersect the Campbell Shear at approximately 2,600 meters, revealing potential high-grade gold mineralization. The latest assay results show gold grades up to 13.90 g/t over 0.60 meters in the hanging granite wall and 0.6 g/t Au over 0.6 meters in the Con Shear. The deep drill aims to verify the continuity of gold-rich zones beyond past mining operations.

Gold Terra plans to use this master hole for subsequent wedge holes to cost-effectively test the extension of the Campbell Shear. The project aims to expand the September 2022 Mineral Resource Estimate of 109,000 indicated ounces and 432,000 inferred ounces of gold.

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Gold Terra Resource Corp. announced the closing of a $2.5 million private placement with Eric Sprott as the lead investor. The offering involved the sale of 50 million common shares at C$0.05 per share. The proceeds will be used for general corporate purposes and a drilling program at the Campbell Shear target on the Con Mine Option property. The company aims to increase its resource near the existing mine workings and explore the potential for high-grade ore.
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Gold Terra Resource Corp. announces positive drilling results at the Con Mine Option Property, NWT, with deep drill hole GTCM24-056 intersecting the Con Shear and new gold mineralization in the hanging wall granite host. The Company is progressing towards the Campbell Shear target, showcasing significant gold values and potential for multiple gold deposits in the area. The PR also includes an update on the Yellowknife Lithium Project.
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Gold Terra Resource Corp. announces a non-brokered private placement led by Eric Sprott, offering 50 million common shares at C$0.05 per share, raising $2.5 million for drilling programs. The funds will be used for general corporate purposes and to expand resources at the Con Mine property.
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Gold Terra Resource Corp. (YGTFF) announces its participation in PDAC 2024, a premier mining convention, where it will present updates on its Con Mine Option Property deep drilling program and corporate strategy for 2024. Chairman and CEO Gerald Panneton will be presenting at the event, showcasing the company's high-grade gold drill sections.
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Gold Terra Resource Corp. announces the start of a second deep drill hole to extend high-grade gold mineralization in the Campbell Shear below the Con Mine underground workings. The first deep drill hole confirmed gold mineralization 200 meters below existing underground workings, with a typical gold intersection of 12.73 g/t Au over 1.7 meters. The second deep drill hole is estimated to intersect the Campbell Shear approximately 600 meters below the underground workings, allowing the company to add multiple wedges and intersections of the Campbell Shear. Chairman and CEO, Gerald Panneton, expressed optimism about the company's prospects following the successful confirmation of the extension of the high-grade Campbell Shear zone and looks forward to completing another successful deep drill hole to intersect both the Con Shear and the primary target, the Campbell Shear.
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Gold Terra Resource Corp. announces the resumption of the deep drilling directional program to establish the extension of high-grade gold mineralization in the Campbell Shear below the Con Mine underground workings. The company is continuing its drill program using master/parent hole GTCM23-055 to add multiple intersections into the CS structure. The restart of the drilling after the Christmas break has been slower than anticipated but is now progressing well.
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Gold Terra Resource Corp. (YGT) provides update on deep drilling directional program to extend high-grade gold mineralization in the Campbell Shear below the Con Mine underground workings. The company also announces completion of a 5,769 metre drilling program and grant of stock options to its directors, officers, employees, and consultants.
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Gold Terra Resource Corp. (TSX-V:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) announces an update on its Option Agreement with Midas Minerals Ltd (ASX: MM1) for lithium and rare earth exploration in the Yellowknife region. Midas can earn a 51% interest by paying C$ 1.2 million, issuing 2.2 million shares, and spending C$ 5 million. The agreement includes a 1.5% Gross Revenue Royalty. Gold Terra has a 20% carry interest. Midas has completed a successful exploration season with 567 rock chip samples, confirming ten spodumene-bearing pegmatites with grades up to 4.65% Li2O. Gold Terra's Chairman and CEO, Gerald Panneton, will present an update on the company's deep drilling program at the Emerging Growth Conference on Dec 6th, 2023.
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Gold Terra Resource Corp. (YGT) receives the 2023 Mining and Exploration (MAX) Award for Environmental, Social & Governance in the Northwest Territories, Canada, showcasing its commitment to ESG, sustainability, and community engagement. The award was presented at the annual Yellowknife Geoscience Forum, celebrating Mining and Exploration Excellence in NWT.
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FAQ

What is the current stock price of Gold Terra Resource (YGTFF)?

The current stock price of Gold Terra Resource (YGTFF) is $0.03833 as of February 20, 2025.

What is the market cap of Gold Terra Resource (YGTFF)?

The market cap of Gold Terra Resource (YGTFF) is approximately 18.3M.

What is Gold Terra Resource Corp.?

Gold Terra Resource Corp. is a Vancouver-based company focused on the exploration and development of high-grade gold properties, primarily the Campbell Shear structure in the Yellowknife Project.

Where is Gold Terra's main area of focus?

Gold Terra's primary focus is on the Campbell Shear structure located in the Yellowknife Project in the Northwest Territories.

What is the goal of Gold Terra's drilling program?

The current drilling program aims to expand the company's resource base, particularly near the Con Mine, targeting high-grade gold mineralization in the prolific Campbell Shear structure.

What can investors expect from Gold Terra Resource Corp.?

Investors can expect promising results from recent drilling activities, potential resource growth, and the establishment of Yellowknife as a premier gold mining district.

Who are the key figures at Gold Terra Resource Corp.?

Gerald Panneton serves as the Chairman and CEO of Gold Terra, leading the company's strategic initiatives. Mara Strazdins heads the Investor Relations department.
Gold Terra Resource Corp

OTC:YGTFF

YGTFF Rankings

YGTFF Stock Data

18.31M
365.43M
2.17%
13.84%
Gold
Basic Materials
Link
Canada
Vancouver