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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. announced positive assay results from Phase 2 drilling at its Yellowknife City Gold Project. The initial hole, GTCM21-014, revealed 5.22 g/t gold over 17.86 metres, including 11.2 g/t over 4.57 metres. This confirms continuity in the Yellorex zone, essential for enhancing its current resource of 1.2 million ounces of inferred gold. The drilling program, commencing July 16, has completed 8 holes totaling approximately 2,770 metres and aims to delineate high-grade gold mineral resources.
Gold Terra Resource Corp. has appointed Patsie Ducharme as a director and chair of the Audit Committee, pending TSX Venture Exchange approval. Ducharme brings over 25 years of experience in finance, mergers, and strategic development. She replaces Elif Lévesque, who is stepping down after contributing significantly since 2015. Ducharme will receive 200,000 stock options at C$0.26 each, a strategic move as Gold Terra aims to enhance its Yellowknife City Gold Project operations, which covers a substantial area of high-grade gold deposits.
Gold Terra Resource Corp. (YGTFF) has commenced its fully funded 10,000 metre Phase 2 drilling program aimed at expanding its NI 43-101 compliant gold resource, currently at 1.2 million inferred ounces. The drilling will focus on the Campbell Shear at the Yellorex zone, where previous high-grade gold intersections were noted. Recent assay results from five drill holes revealed gold values from 4.11 g/t to 24.9 g/t, with notable intersections of 8.65 g/t over 0.70 metres at Ranney Hill. The program also targets potential extensions in the Crestaurum Shear area.
Gold Terra Resource Corp. (YGTFF) announced a fully funded 10,000 metre Phase 2 drilling program set to commence around July 14, 2021. This program aims to explore the Yellorex zone, where high-grade gold zones were previously identified, including 14.09 g/t Au over 4.65 metres. The objective is to delineate additional gold resources to augment the company's current 1.2 million inferred ounces. The drilling will focus on the continuity of high-grade gold lenses at depth and along strike, with strategic drilling spacing of 50 to 100 metres.
Gold Terra Resource Corp. (TSXV:YGT)(OTCQX:YGTFF) held its Annual General and Special Meeting on June 15, 2021, in Vancouver, BC. Shareholders approved all resolutions presented, including the election of directors: Gerald Panneton, David Suda, Laurie Gaborit, Elif Lévesque, Stuart Rogers, Louis Dionne, and Hellen Siwanowicz. Additionally, the Company’s 10% rolling stock option plan and the reappointment of Dale Matheson Carr-Hilton Labonte LLP as auditors were approved. The meeting underscores shareholder confidence and governance continuity at Gold Terra.
Gold Terra Resource Corp. (TSX-V:YGT, OTCQX:YGTFF) announced assay results from the final two holes of its Phase 1 drilling at the Yellowknife City Gold Project. The drilling confirms the Campbell Shear gold-bearing structure, with three main zones identified and a total of 13 holes completed, totaling 7,242 metres. Phase 2 drilling, beginning in July, will focus on closer-spaced drill targets with a planned 10,000-meter program. Highlights include intersections of 10.85 g/t Au over 4.35 metres and 1.10 g/t Au over 4.95 metres, indicating significant potential for further mineralization.
Gold Terra Resource Corp. reports significant assay results from its Phase 1 drilling program at the Yellowknife City Gold Project (YCG). The latest results from holes GTCM21-010 and GTCM21-011 extend the Kam Point North zone by 200 meters, confirming gold mineralization continuity. GTCM21-010 encountered 1.80 g/t Au over 3.07 meters, while GTCM21-011 showed 1.32 g/t Au over 9.20 meters, including 5.99 g/t Au over 1.45 meters. The company plans a 10,000-meter Phase 2 drilling program to further explore the Campbell Shear structure, which remains open for exploration.
Gold Terra Resource Corp. (YGTFF) released assay results from three drill holes at its Yellowknife City Gold Project, confirming gold mineralization continuity in the Campbell Shear structure over 2 kilometers. The current drilling program totaled 13 holes (7,242 meters), with results indicating high-grade zones akin to historical Con Mine outputs. Significant high-grade intersections include 1.14 g/t Au over 11.05 meters in hole GTCM21-007. The company plans to continue drilling to explore further high-grade zones, with a Phase 2 program of 10,000 meters slated for summer.
Gold Terra Resource Corp. (TSXV:YGT)(OTCQX:YGTFF) announced promising assay results from three additional drill holes in its winter drilling program at the Yellorex zone of the Campbell Shear, adjacent to the Yellowknife City Gold Project. The highlights include GTCM21-005 intersecting 5.77 g/t Au over 12.35 metres, indicating strong gold mineralization. The company plans to drill over 20,000 metres this year as it aims to outline high-grade gold zones and potentially increase resource estimates. Recent financing supports these initiatives.
Gold Terra Resource Corp. (TSXV:YGT)(OTCQX:YGTFF) has announced a new technical report for its Yellowknife City Gold Project, highlighting a 64% increase in the mineral resource estimate. The report, effective March 8, 2021, documents 1,207,000 ounces of inferred resources, including 876,000 ounces from open-pit and 331,000 ounces from underground sources. Additionally, the company entered an option agreement to acquire mineral claims in the Northbelt area, enhancing future exploration potential. The report and details are available on Gold Terra's website and SEDAR.
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