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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. 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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Gold Terra Resource Corp. (TSXV:YGT) announced successful assay results, confirming the extension of high-grade gold mineralization in the Campbell Shear (CS) below the Con Mine underground workings on the Con Mine Option (CMO) Property. The results from drill hole GTCM23-055 include 12.93 g/t Au over 1.7 metres, demonstrating the continuity of this major structure below the deepest mining operations. The company is continuing its drill program to obtain more intersections on a 50 to 100m spacing laterally and up dip.
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Gold Terra Resource Corp. has successfully intersected over 60 meters of the gold-bearing Campbell Shear in a recent drill hole. The intersection displays strong shear fabric, quartz veining, and sulphide mineralization, including visible gold. The company plans to add more intersections in the area.
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Gold Terra resumes deep drilling program on Con Mine Option Property to test for gold mineralization. Hole GTCM23-055 stopped at 1,900m due to evacuation order. Expecting to intersect Campbell Shear in 2-3 weeks with assays to follow. Focus is on expanding MRE of 109,000 Indicated ounces and 432,000 Inferred ounces of gold.
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Gold Terra Resource Corp. appoints Paul Bonneville to the Board of Directors. Stock options granted to officers, employees, and consultants.
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Gold Terra Resource Corp. has suspended its Yellowknife drill program due to a wildfire evacuation order. The drilling activities have been suspended until further notice. The company has demobilized all employees out of Yellowknife. Hole GTCM23-055 reached a depth of 1900 metres and encountered an issue caused by one of the operators, which was recently fixed. The hole is targeting the down plunge extension of the Campbell Shear zone and is designed to test gold mineralization at depth below the Con Mine deposit.
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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 $0.0411 as of November 21, 2024.
What is the market cap of GOLD TERRA RESOURCE (YGTFF)?
The market cap of GOLD TERRA RESOURCE (YGTFF) is approximately 14.6M.
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.
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