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$YGTFF $YGT.V - "Strong Shareholder Support-> Our historically #gold-rich high-grade Yellowknife properties with our mine-building team have attracted a quality group of shareholders. Click to learn more about our #mining opportunity.
https://goldterracorp.com/site/assets/files/3324/25-06-09-ygt-june-corp-presention.pdf "
Strong Shareholder Support-> Our historically #gold-rich high-grade Yellowknife properties with our mine-building team have attracted a quality group of shareholders. Click to learn more about our #mining opportunity.
— Gold Terra Resource (@GoldTerra) June 13, 2025
👉 https://t.co/2CyGF5ypJl pic.twitter.com/n2zGVAXKGi
$YGTFF $YGT.V - "In this promotional video, Michael Gray, partner at Agentis Capital, an investor in $YGT, explains why he believes Gold Terra Resource offers a unique #mining opportunity for investors. Click to see the full video.
"
In this promotional video, Michael Gray, partner at Agentis Capital, an investor in $YGT, explains why he believes Gold Terra Resource offers a unique #mining opportunity for investors. Click to see the full video.
— Gold Terra Resource (@GoldTerra) June 12, 2025
👉 https://t.co/blXb2N0ygO#goldmining pic.twitter.com/yqnXOSBCjN
$YGTFF $YGT.V Gold Terra Announces 2025 Annual General and Special Meeting Results and Corporate Update
https://www.accessnewswire.com/newsroom/en/metals-and-mining/gold-terra-announces-2025-annual-general-and-special-meeting-results-and-corporat-1037341
VANCOUVER, BC / ACCESS Newswire / June 10, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQB:YGTFF) ("Gold Terra" or the "Company") announces that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular which were mailed to shareholders in connection with the meeting, were approved at the Company's Annual General and Special Meeting held in Vancouver, BC, on June 4, 2025.
The shareholders elected Gerald Panneton (Chair), Paul Bonneville, Patsie Ducharme, Laurie Gaborit, and Hellen Siwanowicz as directors of the Company for the forthcoming year.
Shareholders approved the reappointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year with their remuneration to be fixed by the board of directors.
Shareholders also approved the Company's 10% rolling stock option plan. Currently there is only less than 25% of the plan (or less than 10 million stock option) being used to attract and keep talented employees, and consultants. The company stock option plan does not have any option pricing below $0.10.
2025 Exploration Update
In 2025 to date, Gold Terra has realized the following important milestones:
Wedge hole GTCM25 056A on the Con Mine Option property has confirmed the presence of the Campbell Shear at a vertical depth of 2,580 metres below surface (see May 25, 2025 press release).
Recently completed a private placement of C$ 2.4 million.
Closed a C$ 2.0 million payment on the first tranche with an early exercise by Osisko Royalties, a strong endorsement of Gold Terra's gold potential in the Yellowknife region.
For the remainder of the year, Gold Terra is preparing for its next round of drilling targeting the Campbell Shear between surface and 1,000 metres below surface, and preparing to explore the Campbell Shear south and north of the town of Yellowknife.
For current resource estimates please refer to the October 21, 2022 technical report, titled "Initial Mineral Resource Estimate for the CMO Property, Yellowknife City Gold Project, Yellowknife, Northwest Territories, Canada" with an effective date of September 2, 2022, by Qualified Person, Allan Armitage, Ph. D., P. Geo., SGS Geological Services, which can be found on the Company's website at https://www.goldterracorp.com and on SEDAR at www.sedarplus.com
The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects and Senior Technical Advisor for the Company.
$YGT.V $YGTFF - "Our Company's district-scale land holdings cover one of the most extensive mineralized systems in Canada, with a 70 km strike length of the prolific Campbell Shear. Our current focus is the Con Mine Option property where deep drilling has intersected the Campbell Shear below the underground workings of the past-producing Con Mine (6.1 Moz @sparkle_mt g/t Au) successfully confirm the #gold potential of the CS at more than 600 m below the current depth of the historic Robertson Shaft (-1900 m).
https://goldterracorp.com/site/assets/files/3324/25-06-04-ygt-june-corp-presention.pdf "
Our Company's district-scale land holdings cover one of the most extensive mineralized systems in Canada, with a 70 km strike length of the prolific Campbell Shear. Our current focus is the Con Mine Option property where deep drilling has intersected the Campbell Shear below the… pic.twitter.com/cPeufzHD7n
— Gold Terra Resource (@GoldTerra) June 6, 2025
$YGTFF $YGT.V - "This MINING.com write-up discusses how #goldprices this week surged to a near one-month high, driven by escalating geopolitical tensions and economic uncertainties. This article highlights how these factors have led to an increased demand for safe-haven assets such as #gold, with prices reaching ~US$3,377/oz. Additionally, the piece notes a significant uptick in #silver prices, which have risen over 4% amid the same market conditions.
https://www.mining.com/gold-price-surges-near-one-month-peak-as-geopolitical-risks-mount/
"
This https://t.co/EfqNBixwDU write-up discusses how #goldprices this week surged to a near one-month high, driven by escalating geopolitical tensions and economic uncertainties. This article highlights how these factors have led to an increased demand for safe-haven assets such… pic.twitter.com/Tj7oof75mT
— Gold Terra Resource (@GoldTerra) June 3, 2025
$YGTFF $YGT.V - " In this video, GoldSilver's Mike Maloney points out that before WWI, a #currency note was really just a claim check given for a given amount of #gold, no different than collecting a claim check at your local dry cleaners. A must watch! 👉 "
In this video, GoldSilver's Mike Maloney points out that before WWI, a #currency note was really just a claim check given for a given amount of #gold, no different than collecting a claim check at your local dry cleaners. A must watch!
— Gold Terra Resource (@GoldTerra) May 15, 2025
👉 https://t.co/i6DTVMoKBR#moneyprinting pic.twitter.com/zI0uNrUUae
$YGTFF $YGT.V Gold Terra Closes Final Tranche of Financing Package Raising a Total of C$2.4 Million with Additional C$2 Million funding from Osisko Gold Royalties
https://www.accessnewswire.com/newsroom/en/metals-and-mining/gold-terra-closes-final-tranche-of-financing-package-raising-a-total-of-c2.4-mill-1026826
VANCOUVER, BC / ACCESS Newswire / May 12, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQB:YGTFF) ("Gold Terra" or the "Company") is pleased to announce it has closed the second and final tranche of a non-brokered financing raising a total of C$2,400,000 consisting of hard dollar and charitable flow-through (together the "Financing"). Under the Financing, the Company has issued 20,000,000 common shares of the Company (the "Shares") at an issue price of $0.05 per Share for gross proceeds of C$1,000,000 and 20,000,000 charitable flow-through common shares of the Company (the "CFT Shares") at an issue price of $0.07 per CFT Share for gross proceeds of C$1,400,000 charitable flow-through. The CFT Shares will qualify as "flow-through" shares (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).
In addition to the closing of the Financing at C$2,000,000 or more, Osisko Gold Royalties Ltd has elected to early exercise the first tranche of its royalty option for a 2% NSR royalty on Gold Terra's Yellowknife Property in exchange for a cash payment of C$2,000,000. This will give Gold Terra a cash balance of C$4,400,000 less some finders' fees.
A finder's fee of 6% cash totaling C$34,320 was paid to certain finders for the total Financing which includes C$7,620 from the second tranche. The Financing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the acceptance of the TSX Venture Exchange.
Insiders of Gold Terra participated in the Financing by purchasing a total aggregate of 3,660,000 Shares which includes insider participation of 1,500,000 Shares in the second tranche. Such participation in the Financing constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("61-101"). The Financing is exempt from the formal valuation and minority shareholder approval requirements of 61-101 as neither the fair market value of the securities issued to related parties nor the consideration for such securities exceed 25% of the Company's market capitalization. The Company did not file a material change report 21 days prior to closing of the Financing as the participation of insiders of the Company in the Financing were not confirmed at that time.
All securities are subject to a four-month hold period from the date of closing expiring on August 12, 2025, on the first tranche and a four-month hold expiring on September 13, 2025, on the second tranche.
The Company will use an amount equal to the gross proceeds from the sale of CFT Shares, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's projects in the Northwest Territories, on or before December 31, 2026, and to renounce all the Qualifying Expenditures in favor of the subscribers of the CFT Shares effective December 31, 2025.
Gerald Panneton, Chairman & CEO commented, "We are very pleased to have raised $C2.4 million with an additional C$2 million from Osisko Gold Royalty who has elected to early exercise its first 2% NSR concurrent with this financing. We thank our main existing shareholders, Mackenzie Fund, Eric Sprott, and Ingalls Snyder and many others for their continued support on our strategy of advancing our high-grade gold assets in the Northwest Territories towards potential production. The C$4.4 million raised will allow us to continue our drilling program on the Con Mine Option property. The former Con Mine produced 5.1 Moz of gold at an average grade of 16 g/t in the Campbell Shear alone and was historically one of the richest high-grade gold mines in Canada (refer to Miramar Mining Corp. Ltd. Annual Reports. 1993-2003. Miramar Mining Corp. Ltd., 2003)."
The current drill program at the Con Mine is aimed at increasing our current Indicated and Inferred resource (MRE October 2022 table below) near surface and south of the Con Mine, targeting the prolific Campbell Shear structure.
The current drilling is targeting below the existing underground workings, where the potential exists to add significant free milling high grade ore. The Con Mine property has excellent infrastructure including the Robertson shaft, water treatment plan (2015), warehouse and offices, etc. The Con Mine closed in 2003 when Gold Price was around US$ 340 per ounce, with approximately 650,000 ounces at 11-12 g/t Au in historic reserves and combined resources. Please refer to the October 21, 2022 technical report, titled "Initial Mineral Resource Estimate for the CMO Property, Yellowknife City Gold Project, Yellowknife, Northwest Territories, Canada" with an effective date of September 2, 2022, by Qualified Person, Allan Armitage, Ph. D., P. Geo., SGS Geological Services, which can be found on the Company's website at https://www.goldterracorp.com and on SEDAR+ at www.sedarplus.ca.
* Note: The Historic Reserves and Resources quoted above are historical in nature and are not NI 43-101 compliant. They were compiled and reported by MNML during its operation and closure of the Con Mine (2003) . Con Mine Ore Reserve Statement January 1st 2003, including:
The historical estimates are historical in nature and should not be relied upon, however, they do give indications of mineralization on the property. The Qualified Person has not done sufficient work to classify them as current Mineral Resources or Mineral Reserves and Gold Terra is not treating the historical estimates as current Mineral Resources or Mineral Reserves. Parameters for the resource/reserve categories listed above are not known.
The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects and Senior Technical Advisor for the Company.
$YGTFF $YGT.V - " This write-up by AP News discusses how rising #gold prices are reshaping the U.S. jewelry market. Amid economic uncertainty and escalating #tariffs, customers are melting down heirlooms and flocking to gold as a safe haven. Click to view. 👉 https://apnews.com/article/gold-prices-high-tariffs-economy-f3b4c66723b9fa1599b1ebc50cb9906e "
This write-up by AP News discusses how rising #gold prices are reshaping the U.S. jewelry market. Amid economic uncertainty and escalating #tariffs, customers are melting down heirlooms and flocking to gold as a safe haven. Click to view.
— Gold Terra Resource (@GoldTerra) May 12, 2025
👉 https://t.co/dLg5pagUtV#silver pic.twitter.com/h3bdgHxvbT
$YGTFF $YGT.V - "Strong Shareholder Support-> Our historically #gold-rich high-grade Yellowknife properties with our mine-building team have attracted a quality group of shareholders. Click to learn more about our #mining opportunity.
https://goldterracorp.com/site/assets/files/3324/2025-05-06_ygt_may_corp_presention_final_for_website-2.pdf "
https://x.com/GoldTerra/status/1920869521583198271
$YGTFF $YGT.V - "Our Company's district-scale land holdings cover one of the most extensive mineralized systems in Canada with a 70 km strike length of the prolific Campbell Shear. Our current focus is the Con Mine Option property where deep drilling has intersected the Campbell Shear below the underground workings of the past-producing Con Mine (6.1 Moz @sparkle_mt g/t Au).
https://goldterracorp.com/site/assets/files/3324/2025-05-06_ygt_may_corp_presention_final_for_website-2.pdf "
Our Company's district-scale land holdings cover one of the most extensive mineralized systems in Canada with a 70 km strike length of the prolific Campbell Shear. Our current focus is the Con Mine Option property where deep drilling has intersected the Campbell Shear below the… pic.twitter.com/PC0dlxyebW
— Gold Terra Resource (@GoldTerra) May 8, 2025
$YGT.V $YGTFF - "Unlocking Discovery-> This drawing displays a cross-section showing master hole GTCM24-056, from which numerous wedges of varying lengths are placed along to intersect the target area in depths shallower than that of the master hole. As updated April 25th, we have now intersected the Campbell Shear ~2,665 m downhole or ~600 m below the current depth of the historic Robertson Shaft. Assays pending. 👉 https://goldterracorp.com/news/gold-terra-drilling-successfully-intersects-campbe-10062/ "
Unlocking Discovery-> This drawing displays a cross-section showing master hole GTCM24-056, from which numerous wedges of varying lengths are placed along to intersect the target area in depths shallower than that of the master hole. As updated April 25th, we have now intersected… pic.twitter.com/KXohJZmZ8y
— Gold Terra Resource (@GoldTerra) May 5, 2025
$YGTFF $YGT.V - "As this article discusses, many experts credit most of the renewed demand in #gold to buying from the Asian market, highlighting China in particular. Given global trade's contemporary threats, gold bugs in both the public & private spheres appear to be increasingly banking on the metal's long-term safe-haven status. 👉 https://newsweek.com/why-china-buying-so-much-gold-2065652 "
As this article discusses, many experts credit most of the renewed demand in #gold to buying from the Asian market, highlighting China in particular. Given global trade's contemporary threats, gold bugs in both the public & private spheres appear to be increasingly banking on the… pic.twitter.com/QK9hAvLSyR
— Gold Terra Resource (@GoldTerra) May 1, 2025
$YGTFF $YGT.V - "We are on track and laser-focused on our upcoming catalysts/timeline. With our historically #gold-rich (14 Moz @shazaam g/t Au) past-producing Yellowknife Gold Camp, N.W.T. project, we know what we have & have the expertise to bring our asset to fruition. 👉 https://goldterracorp.com/site/assets/fi "
https://x.com/GoldTerra/status/1917600258324062554
$YGTFF $YGT.V - ""We are very excited to have intersected the CS around 2,665 m downhole or ~600 m below the current depth of the historic Robertson Shaft. This intersection proves our model which show the high potential for the CS continuation at depth down plunge from a 5.1 Moz deposit @ 16 g/t Au which was mined historically at a rate of ~1 Moz per 200 m vertical on average." - Gerald Panneton, Chairman/CEO
https://goldterracorp.com/news/gold-terra-drilling-successfully-intersects-campbe-10062/ "
"We are very excited to have intersected the CS around 2,665 m downhole or ~600 m below the current depth of the historic Robertson Shaft. This intersection proves our model which show the high potential for the CS continuation at depth down plunge from a 5.1 Moz deposit @ 16 g/t… pic.twitter.com/7WJ2DUhnN8
— Gold Terra Resource (@GoldTerra) April 29, 2025
$YGTFF $YGT.V Gold Terra Drilling Successfully Intersects Campbell Shear Gold Target at a Vertical Depth of 2,560 Metres Below Surface, Con Mine Option Property, NWT
https://www.accessnewswire.com/newsroom/en/metals-and-mining/gold-terra-drilling-successfully-intersects-campbell-shear-gold-target-at-a-verti-1019411
VANCOUVER, BC / ACCESS Newswire / April 25, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) ("Gold Terra" or the "Company") is pleased to report that the first wedge hole GTCM25-056A, has intersected the Campbell Shear (CS) from approximately 2,665 to 2,707 metres downhole (vertical depth of 2,560 metres below surface), with the best visual mineralization concentrated between 2,689.30 and 2,707 metres downhole (as shown in photos 1 and 2 further below) on the Con Mine Option Property (CMO). Wedge hole GTCM25-056A was stopped at 2,837 metres downhole in volcanic rocks. Core samples have been sent to the lab and assays are pending. The program is continuing with a lateral wedge hole (GTCM25-056B)100 metres north at the same target elevation.
In other news, the Company received an acknowledgement notice from Newmont Canada FN Holdings ULC that the Company has satisfied the requirement to incur an aggregate amount of C$8,000,000 (unaudited) in Qualifying Expenditures in Exploration Work on the Con Mine Option property pursuant to the Con Mine Option agreement.
Chairman and CEO, Gerald Panneton, commented, "We are very excited to have intersected the CS around 2,665 metres downhole or approximately 600 metres below the current depth of the historic Robertson Shaft. This intersection proves our model which show the high potential for the CS continuation at depth down plunge from a 5.1 Moz deposit @ 16 g/t Au which was mined historically at a rate of approximately 1 Moz per 200 metres vertical on average.
The objective of the 2025 wedge hole drilling program is to continue testing for high-grade gold in the CS ( past production of 5.1 Moz @ 16 g/t, refer to the Oct. 21, 2022 Technical Report) on the Con Mine below the historic Con Mine underground workings. The Con Mine Option (CMO) property is under option from a subsidiary of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO property option agreement, as reported in the Company's news release dated November 22, 2021. The target is located downdip from the 5.1 Moz mined gold deposit plunging steeply to the south between elevation 1,900 metres (historic Robertson shaft depth) and 2,600 metres.
Wedge Hole GTCM24-056A Highlights
The CS zone starts at around 2,665 metres downhole, signified by an intensifying zone of crackle-style calcite brecciation and veining. From 2,681.20 metres downhole, shearing is more intense including some intervals with more veining, such as from 2,689.30 to 2,697.70 metres downhole, and containing laminated smoky quartz veins with up to 2% disseminated fine- to medium-grained pyrite and 1% blebby fine-grained pyrrhotite. Sphalerite is also noted.
Between 2,697.70 and 2,707 metres downhole, veining transitions to more crackle-style calcite with minor pyrite and pyrrhotite. Deformed pyrite grains aligned with shear fabric suggest continued but diminishing deformation. A final chlorite-biotite altered pulse with trace arsenopyrite and pyrrhotite is noted at 2,706.80 metres downhole.
Beyond 2,707 metres downhole and to the end of the hole, shearing is absent and chloritic alteration and calcite crackle and breccia textures occur. This material may represent the footwall which is noted to continue substantially beyond the main shear zone or an internal block or "horse" within the shear system, as referenced in historical Con Mine documentation
Figure 1 below is a cross-section showing the master hole GTCM24-056 and wedge hole GTCM25-056A intersecting the CS at 2,665 metres downhole. The CS was initially intersected at depth in hole GTCM23-055, which intersected 12.63 g/t Au over 1.7m (refer to November 15, 2023 news release) in the CS structure approximately 150 metres below the Con Mine workings, demonstrating the potential of the CS is well open at depth. Figure 1a, further below shows wedge hole GTCM24-056A in greater detail.
$YGT.V $YGTFF - "Our current drill program at the Con Mine is aimed at increasing our current Indicated and Inferred resource (MRE October 2022) near surface and south of the Con Mine, targeting the prolific Campbell Shear structure, which produced 14 Moz of #gold at an average grade of 16-22 g/t Au. Click to learn more about our recently announced funding package of C$4,400,000 with support from #mining Osisko Gold Royalties. 👉 https://goldterracorp.com/news/gold-terra-announces-funding-package-of-c-4-400-00-10012/ "
Our current drill program at the Con Mine is aimed at increasing our current Indicated and Inferred resource (MRE October 2022) near surface and south of the Con Mine, targeting the prolific Campbell Shear structure, which produced 14 Moz of #gold at an average grade of 16-22 g/t… pic.twitter.com/FjonqQ8jdP
— Gold Terra Resource (@GoldTerra) April 22, 2025
$YGT.V $YGTFF - "In March, our CEO/Chairman, Gerald Panneton, presented our Gold Terra Resource Yellowknife #gold #mining opportunity for Henry Weingarten's investor audience in The Astrologers Fund Spring 2025 Stock & Commodity Forecasts webinar. Click to access. 👉 "
In March, our CEO/Chairman, Gerald Panneton, presented our Gold Terra Resource Yellowknife #gold #mining opportunity for Henry Weingarten's investor audience in The Astrologers Fund Spring 2025 Stock & Commodity Forecasts webinar. Click to access.
— Gold Terra Resource (@GoldTerra) April 17, 2025
👉 https://t.co/BsqzeTAGtI pic.twitter.com/sJja1C5j2h
$YGT.V $YGTFF - "Strong Shareholder Support-> Our historically #gold-rich high-grade Yellowknife properties with our mine-building team have attracted a quality group of shareholders. Click to learn more about our #mining opportunity."
https://goldterracorp.com/site/assets/files/3324/2025-04-11_april_ygt_corp_presention_final_website.pdf
https://x.com/GoldTerra/status/1911813749733798204
$YGTFF $YGT.V Gold Terra’s (TSX.V:YGT) CEO Gerald Panneton Discusses C$ 4.4M Funding Package, Drilling Updates Etc. on “The Street Reports Podcast”
https://thestreetreports.com/gold-terras-chairman-and-ceo-gerald-panneton-discusses-company-overview-recent-funding-package-and-control-drilling-updates-on-the-street-reports-podcast-listen-now/
$YGTFF $YGT.V - "Our Company's district-scale land holdings cover one of the most extensive mineralized systems in Canada with a 70 km strike length of the prolific Campbell Shear. Our current focus is the Con Mine Option property where deep drilling has intersected the Campbell Shear below the underground workings of the past-producing Con Mine (6.1 Moz @sparkle_mt g/t Au). 👉 https://goldterracorp.com/site/assets/files/3315/2025-02-15-february-ygt-corp-presention.pdf"
https://x.com/GoldTerra/status/1909611365238558948
$YGT.V $YGTFF - In this promo video, Michael Gray, partner at Agentis Capital, an investor in $YGT, lists why he feels Gold Terra Resource offers a unique #mining opportunity for investors. Click to see the full video. 👉 "
In this promo video, Michael Gray, partner at Agentis Capital, an investor in $YGT, lists why he feels Gold Terra Resource offers a unique #mining opportunity for investors. Click to see the full video.
— Gold Terra Resource (@GoldTerra) April 7, 2025
👉 https://t.co/blXb2N00rg@goldmining pic.twitter.com/jg55ruRUlq
$YGT.V $YGTFF - "As reported on
@CabinRadio
, the key for us is to find sufficient #gold under Con Mine – or nearby – to justify opening a new mine that could use some of the old Con Mine assets. Our Chairman/CEO, Gerald Panneton, feels this is possible and has the expertise and strategy to revitalize this major gold producer. Click to access. 👉 https://cabinradio.ca/230471/news/economy/mining/gold-terra-secures-fresh-cash-to-keep-drilling-south-of-yk/"
As reported on @CabinRadio, the key for us is to find sufficient #gold under Con Mine – or nearby – to justify opening a new mine that could use some of the old Con Mine assets. Our Chairman/CEO, Gerald Panneton, feels this is possible and has the expertise and strategy to… pic.twitter.com/ulxLTmBZUe
— Gold Terra Resource (@GoldTerra) April 3, 2025
$YGT.V $YGTFF - "Unlocking Discovery-> This drawing displays a cross-section showing master hole GTCM24-056, from which numerous wedges of varying lengths are placed along to intersect the target area in depths shallower than that of the master hole. 👉 https://goldterracorp.com/news/gold-terra-announces-start-of-2025-drilling-progra-9865/"
Unlocking Discovery-> This drawing displays a cross-section showing master hole GTCM24-056, from which numerous wedges of varying lengths are placed along to intersect the target area in depths shallower than that of the master hole.
— Gold Terra Resource (@GoldTerra) April 2, 2025
👉 https://t.co/x6c65ss4Ld#gold pic.twitter.com/VI3oxWRF1u
$YGT.V $YGTFF - "Unlocking Greater Value-> Leveraging our CEO Gerald Panneton's expertise to efficiently and cost-effectively access the prolific Campbell Shear, thereby greatly expanding our project's high-grade #gold potential. These illustrations show our control drilling strategy using wedge hole GTCM25-056A. Click to learn more. 👉
https://goldterracorp.com/news/gold-terra-wedge-drilling-progressing-well-at-high-9967/ "
Unlocking Greater Value-> Leveraging our CEO Gerald Panneton's expertise to efficiently and cost-effectively access the prolific Campbell Shear, thereby greatly expanding our project's high-grade #gold potential. These illustrations show our control drilling strategy using wedge… pic.twitter.com/LNi42ryv0o
— Gold Terra Resource (@GoldTerra) March 27, 2025
$YGT.V $YGTFF - "Our CEO/Chairman Gerald Panneton recently presented our Gold Terra Resource Yellowknife #gold #mining opportunity for Henry Weingarten's investor audience in The Astrologers Fund Spring 2025 Stock & Commodity Forecasts webinar. Click to watch. 👉
"
Our CEO/Chairman Gerald Panneton recently presented our Gold Terra Resource Yellowknife #gold #mining opportunity for Henry Weingarten's investor audience in The Astrologers Fund Spring 2025 Stock & Commodity Forecasts webinar. Click to watch.
— Gold Terra Resource (@GoldTerra) March 26, 2025
👉 https://t.co/pGyeb8JEfV pic.twitter.com/mQwKvdMAQh
$YGT.V $YGTFF - "Our past producing Con Mine has historically produced (6.1 Moz @sparkle_mt g/t Au) between 1938 & 2003. It has two shears, the Con Shear & the Campbell Shear, with tremendous potential to the north & south. Click to learn more."
https://x.com/GoldTerra/status/1900588207672357134
$YGT.V $YGTFF - " In December, our CEO/Chairman Gerald Panneton gave a live virtual presentation at the Precious Metals & Critical Materials Virtual Investor Conference. Gerald discussed Gold Terra's high-grade past-producing advanced exploration mining project, & our plan to unlock greater value. Drilling is now in progress and doing well at our high-grade gold target, Campbell Shear, Con Mine Option Property, NWT."
https://x.com/GoldTerra/status/1899831216339292571
$YGT.V $YGTFF - " As announced in February, drill hole GTCM23-055 confirmed #gold mineralization 200 m below existing underground workings. It extended the Campbell Shear with a typical gold intersection of 12.73 g/t Au over 1.7 m. The following displays a close-up long section looking west. "
https://x.com/GoldTerra/status/1898047743848751500
$YGT.V $YGTFF - " Strong Shareholder Support-> Our historically #gold-rich high-grade Yellowknife properties with our mine-building team have attracted a quality group of shareholders. Click to learn more about our #mining opportunity. "
https://x.com/GoldTerra/status/1897675422495621521
$YGT.V $YGTFF - "Unlocking Discovery-> This drawing displays a cross-section showing master hole GTCM24-056, from which numerous wedges of varying lengths are placed along to intersect the target area in depths shallower than that of the master hole."
https://x.com/GoldTerra/status/1897292410725769660
$YGT $YGT.V $YGTFF - "Our Con Mine Option Property has the former Con Mine (6.1 Moz @sparkle_mt g/t Au), a past-producing #gold deposit where deep drilling has intersected the Campbell Shear. Click to learn why this golden opportunity is creating a buzz in #mining circles. "
Our Con Mine Option Property has the former Con Mine (6.1 Moz @ 16-20 g/t Au), a past-producing #gold deposit where deep drilling has intersected the Campbell Shear. Click to learn why this golden opportunity is creating a buzz in #mining circles.
— Gold Terra Resource (@GoldTerra) March 3, 2025
👉 https://t.co/Ax2miLDTeD pic.twitter.com/y54VvItpXK
$YGTFF $YGT.V Gold Terra Wedge Drilling Progressing Well at High-Grade Gold target, Campbell Shear, Con Mine Option Property, NWT
https://www.accessnewswire.com/newsroom/en/metals-and-mining/gold-terra-wedge-drilling-progressing-well-at-high-grade-gold-target-campbell-shea-992428
VANCOUVER, BC / ACCESS Newswire / February 27, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQB:YGTFF) ("Gold Terra" or the "Company") is pleased to report that the 2025 control drilling is progressing well on the Con Mine Option (CMO) Property. The first steel wedge hole GTCM25-056A, designed to target the prolific Campbell Shear (CS) from master hole GTCM24-056, was set at 1,950 metres downhole and has now reached approximately 2,162 metres depth in mafic volcanics. It is anticipated to intersect the CS at approximately 2,600 metres downhole and approximately 600 metres below the underground mine workings.
The objective of the 2025 wedge hole drilling program is to continue testing for high-grade gold in the CS (past production of 5.1 Moz @ 16 g/t, refer to the Oct. 21, 2022 Technical Report) on the Con Mine below the historic Con Mine underground workings. The CMO Property is under option from a subsidiary of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property Option agreement, as reported in the Company's news release dated November 22, 2021. The target is located downdip from the 5.1 Moz mined gold deposit plunging steeply to the south between elevation 1,900 metres (Robertson shaft depth) and 2,600 metres.
Chairman and CEO, Gerald Panneton, commented, "The wedge drilling is progressing well utilizing a very efficient and cost-effective way to assess the CS at depth. The objective of our first wedge hole is to intersect the CS and extend the high-grade gold potential at a vertical depth of 2,500-2,600 metres below surface, or approximately 600 metres below the current depth of the Robertson Shaft. Once we complete the first wedge, we will step up laterally 30-50 metres on each side of the first intersection. This target below the Robertson shaft has the potential for multi-million ounces as we are down plunge from a 5.1 Moz deposit @ 16 g/t Au mined historically at a rate of 1 Moz per 200 metres vertical on average."
Wedge Hole GTCM24-056A Highlights
Figure 1 below is a cross-section showing the master hole GTCM24-056 from which wedge hole GTCM25-056A has been set up to target the CS at depth. The CS was initially intersected at depth in hole GTCM23-055, which intersected 12.63 g/t Au over 1.7m in the CS structure approximately 150 metres below the Con Mine workings, demonstrating the potential of the CS is well open at depth. Figure 1a, further below shows wedge hole GTCM24-056A in greater detail.
IMDEX of Sudbury, a contract directional drilling crew, is currently utilizing the DeviDrill cutting tool to deviate the hole with the purpose of flattening the dip to intersect the CS as shown in Figure 1 below. After setting up a steel wedge down the hole at a depth of 1,950 metres, the tool was used to orientate the hole from 2,005 to 2,081 metres, successfully achieving a flattening from 82 degrees down to 69 degrees. Drilling was then performed from 2,081 to 2,132 metres without the tool. The second deviation, and possibly the last one, started on Monday February 24th at a depth of 2,132 metres. The hole is currently at 2,162 metres with a dip of 66.5 degrees, and when a 54 degrees dip is reached, the deviation tool will be stopped, and drilling will continue until the CS is intersected.
Meet with Gold Terra at the PDAC 2025
Gold Terra is pleased to invite investors and shareholders to meet with management at the PDAC Conference, Investors Exchange Booth # 2304, March 2-5, 2025, South Building, Metro Toronto Convention Centre, Toronto. On Monday, March 3, 2025, at 3:00 PM EST, Chairman and CEO Gerald Panneton will be presenting at the PDAC 2024 Corporate Presentation Forum for Investors (CPFI) session located in the new Investment Hub theatre, in Hall E, on the Investors Exchange show floor, 800 level.
The 2025 deep drilling program aims to expand the September 2022 initial Mineral Resource Estimate ("MRE") (see September 7, 2022, press release) of 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and 400 metres below surface along a 2-kilometre corridor of the Campbell Shear (October 21, 2022 MRE titled "Initial Mineral Resource Estimate for the CMO Property, Yellowknife City Gold Project, Yellowknife, Northwest Territories, Canada" by Qualified Person, Allan Armitage, Ph. D., P. Geo., SGS Geological Services, which can be found on the Company's website at https://www.goldterracorp.com and on SEDAR at www.sedar.com.
The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects and Senior Technical Advisor for the Company.
$YGT.V $YGTFF - "A Modern Day Gold Rush-> CTV National News reports on the price of #gold surging 40% in the last year to a record high, with experts thinking it has yet to peak. Click to access."
A Modern Day Gold Rush-> CTV National News reports on the price of #gold surging 40% in the last year to a record high, with experts thinking it has yet to peak. Click to access.
— Gold Terra Resource (@GoldTerra) February 26, 2025
👉 https://t.co/BfRvUhPqlF#goldprice #mining
$YGTFF $YGT.V - "Unlocking Discovery -> This illustration displays a cross-section showing master hole GTCM24-056, from which numerous wedges of varying lengths are placed along to intersect the target area in depths shallower than that of the master hole. The first wedge is planned to start at 2,000-2,100 m downhole with a Campbell Shear target of 2,700 m, or 800 m below the Robertson shaft. Click to learn more about our 2025 drill program.
👉 https://goldterracorp.com/news/gold-terra-announces-start-of-2025-drilling-progra-9865/ "
https://x.com/GoldTerra/status/1894424596293849204
$YGTFF $YGT.V Q&A with Gerald Panneton, CEO of Gold Terra
https://businessedgemedia.ca/node/127
Today I am joined by Gerald Panneton, a long-time mineral and resources executive. I saw you were listed as retired CEO, but that’s obviously changed. What brought you back into the corner office?
GP: Well, it’s not the first time I’ve retired and come back. I guess it must be the love of the business itself, being in the resource sector, creating value with the drill bit. Being able to pick up undervalued properties. I’ve done it a few times and keep coming back because I love doing it.
RD: You have an incredible success story with Detour, raising $2.6 billion in capital and selling the company for $4.9 billion in 2018. What were the secrets to your success there? Can you tell us about your personal journey with the company?
GP: Actually, I wasn’t there when the company was sold. The value creation was done by the time we put the mine into production in 2013. The biggest achievement was recognizing the potential, and outlining 30 Moz of gold of which 16 Moz went into the Feasibility Study, raising $2.6 billion and building the largest gold mine in Canada in less than six years, from IPO to gold pour.
I think it’s important to have a vision where most people don’t. When Detour Lake was shut down in 1998 at a gold price of appx $250, I saw its potential. I made a deal with Pelangio Mines I in 2006, and the IPO closed the transaction in January 2007 where we acquired 100% of Detour Lake. My vision was a low-grade open pit, and we were able to deliver. We found a lot of answers to support building the mine.
RD: Going back to raising money, is that something you enjoy or is it just a requirement of the job?
GP: When you have a project, you have an idea and you know you can create value. It's very addictive. If you believe in your story, and your vision, if you believe in what you're going to be discovering, you just need the money to demonstrate that. For me, raising money was natural - the project was there, the valuation was there, and the market was there too. The market was definitely there at that time, and now to get to production in six years is pretty much unheard of.
RD: Can you just explain how it happened within six years?
GP: Well, first of all, the six years include two years of construction, 26 months. So you could say that we raised a lot of the money in four or five years, and we had the feasibility study completed in 2010 to sustain demonstrating the valuation - and, raising the money to build a mine, which costs (1.5 Billion CDN$) one and a half billion to build back in 2011, 2012. I think one of the biggest aspects that I was able to negotiate after purchasing the exploration right from Pelangio Mines I was negotiating with Goldcorp to acquire the mining lease and the surface right of the Detour mine.
The project was a brownfield project – that’s where you can save on the length of time between developing a greenfield project, a brand-new project, in the middle of a new place, where you have to redo all the permitting. So, buying the Detour Lake mine, a brownfield project, allowed us to not skip environmental impact assessment, but facilitate. The fact that we already had the surface rights - it was already disturbed, and we just had to justify it the new Mine Plan and environmental impact of the open pit scenario.
RD: For the lay people reading today, including me, can you just give me a quick description of the difference between a brownfield play and a greenfield?
GP: In mining, we differentiate a brownfield project from a greenfield project from a project that used to already exist, was shut down, was already disturbed as there was a mine there before. So already disturbance and an impact has happened before. We call them Brownfield because they're, not in a pristine environment, like in the middle of nowhere. For example, if you make a discovery in British Columbia, in a beautiful environment, it's not brownfield, it's greenfield. So the difference between a brownfield and a greenfield is an area that has already been disturbed that should be considered an industrial site because there was a mine there before.
RD: You were with Barrick Gold for a dozen years or so, can you tell me the difference between working with a mining mammoth like Barrick and a junior, such as Gold Terra, where you are now?
GP: Two different worlds! When you work in a company like Barrick, I had the same leader for 12 years - Alex Davidson. We were producing 8 million ounces of gold a year and we wanted to grow more. So, working for a company like Barrick, with plenty of money supply to buy property or drill property, it was not difficult to raise money. After the acquisition of Pangea Goldfields (2000), we added ounces and built two mines back then, Tulawaka and Buzwagki in Tanzania.
So that's maybe the biggest difference between a Detour Lake, Newcastle Gold, or another company like Gold Terra, which in a difficult market it's very difficult to raise money. If you're at Barrick or you're with Newmont, with any company that has cash flow, it's much easier because you do have revenues. A junior company’s value is almost at nothing, but has a tremendous potential if you make a discovery.
RD: And so that brings us to Gold Terra, operating in the Yellowknife region. Can you tell me a little bit about the prospects and why you joined this group?
GP: Five years ago in spring 2019, I was invited to look at the Yellowknife camp and the work done by Joe Campbell, David Suda and others under the name of TerraX Minerals, which was the owner.
We changed the name to Gold Terra because I wanted to have a more focus story. We're there to find gold. It's a gold camp. We're in Yellowknife. So, my first interaction was the due diligence and presentation in their office in Ottawa, they showed me what Yellowknife was all about and why they were there the first time when they came in in 2013. It's a camp that had been completely forgotten. The Con mine was shut down in 2003 when Gold was 340$ US per ounce. You've got a city of 20,000 people. You’ve got an Archean greenstone belt similar to Timmins, Val d'Or, Kirkland Lake, Red Lake, Hemlo. Very, very similar to other Greenstone Belts in Canada where most of the gold deposits have been found.
I'm not sure exactly, but I think if I was looking at gold production from Archean Greenstone Belts in Canada, you would probably reach 200 million ounces of gold produced over the years. So this is a good place to find gold. And like one of our CEOs at Barrick used to say: “it's much easier to find gold where there's a gold mine”.
RD: How would you say the technology has grown in the in the time that you've been operating in the industry? And is that a big advantage going into a brownfield project?
GP: Think about technology in the 1930s, or in the 20th century, early 20th century, when those camps were put together it was too expensive to drill. It was cheaper to sink vertical shaft into an zone or a quartz vein where you found the gold at surface, than to drill it in today's world. Drilling has progressed tremendously over the last 50, 60 years. The use of geochemistry, geophysic, the use of pathfinders, and the use of all the technology we can use has advanced.
The periodic table is your tool for understanding the chemistry of gold deposit. And with those different elements, it's either easy to recover gold or difficult, right? So, yes, technology is always at the front end of making mining easier, whatever is the method of processing or in the method of mining.
RD: I can hear the passion about geology in your voice. Is it fair to say you've always had rocks on the brain, and not for brains -- but on the brain?
GP: You have to look at rocks like an open book. The rock is telling you a story, right? So when we look at rock, it's because we try to learn and understand what the rock is telling us. Whether it's a sedimentary rock or a volcanic rock, and when you look at a camp like Yellowknife, you want to find and you want to understand. For me, it was like being able to read the whole story of Yellowknife. When you have a gold deposit, it's there for a reason. So, where's the next one? And sometimes it's just extending at depth. Sometime it's a corridor, like the Campbell Shear which straddles the camp for more than 70 km long.
When you look at a gold camp, like Yellowknife or Timmins, or Val d'Or, or Kirkland Lake, or Red Lake, there's a story there. And there is a footprint for the gold deposit.
Now, is that footprint completely exhausted, or you can repeat it? And that's when the science of geology, the vision of threedimensional deposits, and the understanding of structural geology allows you to put the puzzle back and say: I need to drill there. You look at the potential of those zones and you can see it - it's open. It just needs to be drilled. The potential can be two, three, five, 10 million ounces.
RD: The stock is trading very low. Looking at you, as the CEO, and the story that I'm hearing, I wonder: what does it take to have the investors understand what the opportunity is here?
GP: The drilling program is part of it, but the question is if the market just very skeptical right now? And if so, how do you overcome that? And how can we reverse this? I think a very big hole in our deep drilling program that we aim to start in January after just completing the financing that we did this fall could change everything. Sometimes only one hole is enough to recreate that momentum.
RD: What’s the timeline for that first drilling?
GP: We’re aiming to start drilling again in January. We completed our master hole. Looking at our target number one, which is the Con Mine, we're in the process of delineating enough ounces to sustain and support purchasing the mine from Newmont.
Newmont’s goal is to sell the mine to us; our goal is to find enough ounces to support buying the mine. We're not going to buy a mine if there's not enough ounces, right? Because the mine comes with a lot of infrastructure, but also with some liability. And the offset and the reasoning to purchase the mine is: how many ounces do you need to find?
We came up with 1.5 million ounces. My target is to find 1.5 to 2 million ounces at 8 to 12 grams of gold, and have enough gold to sustain redeveloping a mine. If we don't find enough gold on this property, we're just going to walk away. We have a huge prospect. We control a thousand kilometers of the Campbell Shear.
We have a lot of ground to cover, but currently we're focusing on the Con Mine program. So far we've delineated about one third (540,000 ounces) of that 1.5million ounces near surface. We have more work to do in that segment that could bring the resource to maybe 750,000 to 800,000 ounces at eight to 10 grams.
What we want to do is demonstrate that there's another million ounces. And if those million ounces come up, we would be able to have enough ounces to support purchasing the mine. But the moment you purchase in the mine, you have a mining lease, which include $150 to $200 million USD of infrastructure.
RD: Now about Yellowknife, can you help me picture what it's like? Is it a pretty rugged terrain where you're operating?
GP: In “Picture 1” (Page 12), you can see the mine that was shut down. You can see the infrastructure that are still left there. You can see the footprint of the of the old mine. We have road access ditches, powerline, warehouses, water treatment plant, settling pond.
We have a place where we're going to put the tailings again. We have all the road, the ditches, everything is built. We don't have any work to do there, it's amazing that the saving is probably six months and over a hundred million dollars of work. You can also see the town in the background where 20,000 people live. They have a good, well-paying jobs. You know, Yellowknife is a mining town. After the gold mines were shut down, they developed a lot of diamond mines in the Northwest Territories. And the base for those diamond mines was Yellowknife. So, there's a lot of mining expertise in the town of Yellowknife, ready to start a new one.
RD: Switching gears a little bit, what would you say is the greatest lesson you've learned in your career? And what is your biggest regret in your career?
GP: My greatest lesson has been to never give up. And for the second question - I don't think I have any regrets. There are things that I would do maybe differently. I've learned a few lessons the hard way. The end of Detour Gold in 2013 was very bitter for me. It was a very sad moment after building the company from scratch from a one-person company to having more than 800 people creating value. There's always regrets. But you have to learn from them and not repeat your mistake of the past.
RD: I read that you've learned to be a little more careful with trusting people. Is that fair to say?
GP: I think trust is something that you can earn. Trust is an important thing. If you look at the mining engineers on my team, there are two I've known for more than 30 years. That's important, for sure.
RD: And in terms of retirement, is there a target for that? Have you set an age that you will retire, or is it an open book?
GP: For me, I always have to keep that option open. I've retired before, after Detour, and it took me three years to come back. I think it's important to keep your options open. I love helping. This is for me, moment where I can do so much. I can still give a lot to this industry.
If we had more money supply, I would definitely love to mentor somebody to become a good CEO. I think it's a fascinating job. Canada is a resource country with plenty. And this is the value we have. I hope that we're going to be able to grow and get better at mining resources in the future and protecting the environment. We can do both of those things as far as I am concerned. Obviously, there's been a lot of criticism from the government in Canada in terms of being part partner with industry.
RD: Do you relish the opportunity to create value for shareholders, or how do you deal with that pressure?
GP: That doesn't bother me because when you do resource exploration the end-goal is about creating value from A to Z - it's a process. And through that process of discovery and going all the way to production, there's exit points for the investors. Depending on the risk, some of the people love to come in early, make five baggers or 10 baggers and get out before it gets built. And then a new set of investors comes because they love the feasibility study and the conservatives that you put in the project when it goes into production.
So for me, I own 3 percent of the company as of today. My average cost is 20 cents plus. I've put more than 2.3 million in the company. And, as you know, the stock is 6 cents. I'm losing a lot of money, but I believe in the story. I believe we can get through and that the project is amazing.
RD: When you're not working, what are you doing? What are your hobbies?
GP: I have many hobbies, so the list is long. I love the calm of being at the cottage. I enjoy walking on trails. Exploring new trails or walking the same trails every day. I'm a tree hugger. I love trees. For me, nature is where I rest the best. I’m also an avid skier and car racer.
RD: So you definitely have an edge! So you like speed, but sometimes it takes a few years to build a great company, right?
GP: Don’t give up – if you believe in something, you have to keep coming.
Where is everybody?? Still more down side?
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