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) maintains an active exploration program in Canada's Yellowknife gold camp, combining historical data with modern drilling techniques. This news hub provides investors with essential updates on resource development and corporate strategy.
Access verified information about drilling results, technical report updates, and strategic partnerships in one centralized location. Our curated collection includes press releases detailing progress along the Campbell Shear corridor, option agreement developments, and resource estimation updates compliant with NI 43-101 standards.
Key focus areas include wedge drilling initiatives from master holes, mineral claim consolidations, and infrastructure developments near historic mine workings. Bookmark this page for timely updates on Gold Terra's systematic exploration approach in one of Canada's most promising gold districts.
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.
Gold Terra Resource Corp (YGTFF) announced promising assay results from its winter drilling program at the Yellorex North zone on the Con Mine Option Property in Yellowknife, NWT. From drill holes GTCM23-043 to GTCM23-048, all holes intersected the Campbell Shear, indicating a well-developed gold system. Significant intersections include 1.7 g/t Au over 4.34 metres and 4.31 g/t Au over 2 metres. The exploration aims to expand known mineralization, with an initial Mineral Resource Estimate of 109,000 Indicated ounces @ 7.55 g/t Au and 432,000 Inferred ounces @ 6.74 g/t Au. This ongoing exploration underscores the potential of the Campbell Shear, historically known for high-grade gold production.
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