Gold Terra Resource Corp

Gold Terra Resources is focused on expanding high-grade gold resources along the Campbell Shear structure at its Yellowknife City Gold project where historic mines produced over 14 million ounces. Recent drilling has outlined over 1 million ounces of inferred resources so far. An option agreement gives Gold Terra the potential to acquire the high-grade former Con gold mine and add to resources.

At the Con mine property, initial drilling has outlined 432,000 inferred ounces grading 6.7 g/t gold. Ongoing drilling aims to expand near-surface mineralization along a 2 km strike length between the Con and Campbell Shears. Deeper drilling will also test for extensions of very high-grade mineralized zones below 2,000 meters depth.

Metallurgical testwork achieved over 90% gold recoveries, providing flexibility for producing a saleable concentrate or dore gold bars on site in the future. The company is well financed to continue aggressive drilling programs. Infrastructure is already in place including hydro power, an airport, roads and shaft access underground.

The Yellowknife district's high-grade gold potential plus optionality for lithium and rare earths provide significant upside.