on Gold Terra Resource Corp (CVE:YGT)
Gold Terra Details New Drilling Targets Near Yellowknife
Gold Terra Resource Corp has announced its 2025-2026 drilling program near Yellowknife, Northwest Territories. The company is targeting areas along the Campbell Shear, particularly south of the historic Con Mine. Gold Terra aims to expand its mineral resource estimate, leveraging previous assessments conducted in 2022.
The company has an option to acquire 100% of the Con Mine property from Newmont Corporation, valid until November 2027. Recent evaluations suggest further resource potential in the Yellorex Trend, with an average grade potentially reaching 6 g/t.
The drilling targets will include zones already drilled in 2021-2022, and areas like Yellorex North and C17, which require further exploration. The program seeks to test the feasibility of using a lower cut-off grade in light of rising gold prices.
R. H.
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