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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.
Gold Terra Resource Corp. (YGTFF) has initiated a deep drilling program on April 17, 2023, targeting high-grade gold mineralization below the historic Con Mine deposit, which produced 5 million ounces of gold. The Con Mine Option Property, under option from Newmont Corporation, presents opportunities for significant finds. Geological modeling indicates unexplored extensions below 2,000 meters depth, with planned drilling aiming to reach a depth of 2,300 meters. Aiming to expand the initial 2022 Mineral Resource Estimate of 109,000 Indicated ounces and 432,000 Inferred ounces, this initiative focuses on the Campbell Shear. The company considers this drilling program crucial for discovering more gold ounces and enhancing its standing in the Yellowknife gold mining district.
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