Gold Terra(TSXV:YGT)

Gold Terra Resource Corp.

Investor website: https://goldterracorp.com/

About

Gold Terra Resource Corp. is focused on the exploration and development of gold properties in the Yellowknife City Gold project area in the Northwest Territories, Canada. The company aims to advance its projects through strategic exploration and development efforts, leveraging the expertise of its management team and board of directors.

Verified company data

Cash position
not discovered
Shares outstanding
468,697,484
Fully diluted shares
477,503,734
Mineral resource
On September 7, 2022, the Company announced an initial Mineral Resource Estimate ("MRE") of: - Underground Indicated Mineral Resource of 0.45 million tonnes averaging 7.55 g/t for 109,000 ounces of contained gold - Underground Inferred Mineral Resource of 2.0 million tonnes averaging 6.74 g/t for 432,000 ounces of contained gold. This initial Con Mine Option Property MRE incorporates a total of 41 diamond drill holes totalling 21,019 metres, completed by Gold Terra from September 2020 to June 2022 and all existing historic holes drilled before 2003, as interpreted by Gold Terra. The Yellorex Indicated resource was drilled on 25 to 50-metre spacing, between surface and 300 metres, and remains open at depth. The Mineral Resource Estimate on the Con Mine Option Property includes three gold deposits - Yellorex Main, Yellorex North, and Kam Point.
Projects
["Con Mine Option Property: In November 2021, Gold Terra entered into an Option Agreement with Newmont to Purchase 100% of Miramar Northern Mining's Past Producing High-Grade Gold Con Mine at Yellowknife, NWT. On September 9, 2024, Gold Terra announced a 2-year extension on the Option Agreement with Newmont to November 21st, 2027 to purchase 100% of the past producing Con Mine. The former Con Mine is a world-class gold deposit and part of the prolific Yellowknife mining camp where 6.1 M ounces of high-grade gold were recovered from the underground operation from both the Con Shear and Campbell Shear. The Con Mine Option Property has added to the Company’s large land holdings a key piece of ground with excellent potential along the Campbell Shear to add high-grade gold resources. The Con Mine Option Property includes mineral leases and overlying surface rights; access to infrastructure, including the original C-1 shaft opening, and the deep Robertson shaft (1,950 metres) with a 2,000-ton-per-day capacity for future underground exploration and mining; surface infrastructure including a large 10,000-square-foot warehouse and dry storage; surface vehicles; and a $10 million water treatment plant recently built in 2015, buildings, storage facilities and roads as well as access to explore and potentially redevelop the remaining historic mineral reserves within the Con Mine Property. The Con mine reclamation is near completion. The Con Mine Option Property is located beside the City of Yellowknife and adjacent to the Company's 100% owned Yellowknife City Gold Project in the Northwest Territories. Initial Mineral Resource Estimate: On September 7, 2022, the Company announced an initial Mineral Resource Estimate (\"MRE\") of: - Underground Indicated Mineral Resource of 0.45 million tonnes averaging 7.55 g/t for 109,000 ounces of contained gold - Underground Inferred Mineral Resource of 2.0 million tonnes averaging 6.74 g/t for 432,000 ounces of contained gold. This initial Con Mine Option Property MRE incorporates a total of 41 diamond drill holes totalling 21,019 metres, completed by Gold Terra from September 2020 to June 2022 and all existing historic holes drilled before 2003, as interpreted by Gold Terra. The Yellorex Indicated resource was drilled on 25 to 50-metre spacing, between surface and 300 metres, and remains open at depth. The Mineral Resource Estimate on the Con Mine Option Property includes three gold deposits - Yellorex Main, Yellorex North, and Kam Point."]
Leadership
Gerald Panneton (Chairman and Chief Executive Officer, Geologist with over 35 years of experience in gold mining. Founder of Detour Gold Corporation, instrumental in the Detour Lake project's growth.), Mark T. Brown, B.Comm., CPA, C.A (Chief Financial Officer, Chartered Professional Accountant with 30 years of financial experience in publicly listed companies.), Todd Burlingame (Chief Development Officer, Extensive experience in resource development and project management in the NWT.), Joseph Campbell, P. Geo (Senior Technical Advisor, Professional geologist with over 40 years of experience in exploration and mining. Founder of Gold Terra and Chief Operating Officer since 2019.), Louis Dionne (Senior Technical Advisor, Former mine manager at Camflo Mines and instrumental in the development of Detour Lake mine.), David Suda (Advisor, Financial services professional with 11 years of experience in capital markets and investment banking.)

Verified data last updated: 2026-05-15

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