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Gold Terra Announces Assay Results of 9.53 g/t Gold over 11.10 metres in the Yellorex Area, Con Mine Option Property, Yellowknife, NWT
VANCOUVER, BC / ACCESS Newswire / April 14, 2026 / Gold Terra Resource Corp. (TSXV:YGT)(Frank...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"Gold Terra Announces Assay Results of 9.53 g/t Gold over 11.10 metres in the Yellorex Area, Con Mine Option Property, Yellowknife, NWTVANCOUVER, BC / ACCESS Newswire / April 14, 2026 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQB:YGTFF) (\"Gold Terra\" or the \"Company\") is pleased to announce assay results from an additional five (5) holes of the 2026 Winter Drill Program targeting the Yellorex zone immediately south of the past producing Campbell Shear (CS), historic Con Mine (1938-2003). The current drilling program aims at confirming some historical holes and to potentially expand Gold Terra's near surface 2022 Mineral Resource Estimate (MRE) on the Con Mine Option property.Assay results are shown in Table 1 and include drill hole GTY26-013 which intersected 9.53 g/t Au over 11.10 metres from 211.30 metres to 222.10 metres downhole, including 18.94 g/t over 4.50 metres starting at 217.90 metres. In addition, Hole GTY26-007 has potentially expanded mineralization at depth where 5.73 g/t Au over 6.38 metres from 487.18 to 493.56 metres was intersected downhole. This zone remains open at depth, illustrating the potential to add resource ounces.Under the Con Mine Option (CMO) purchase agreement, the Company has the right to acquire 100% of the CMO property from a subsidiary of Newmont Corporation (\"Newmont\"), subject to the fulfillment of certain conditions set out in the agreement, as reported in the Company's news release dated November 22, 2021. Gold Terra's option on the CMO with Newmont is until November 21, 2027.Chairman and CEO, Gerald Panneton, commented, \"These five additional holes from our 10,000-metre winter drill program in the Yellorex area of the Campbell Shear continue to confirm the continuity of the Yellorex zone. The Company's objective is to confirm and expand Gold Terra's estimate of the near surface resource from surface to 500 metres below surface on the CMO property as the last 2022 MRE was based on a US$ 1750 gold price. The Campbell Shear structure is our highest priority target as the Con Mine produced historically more than 5 million ounces of high-grade gold (16 g/t Au) (see Oct. 21, 2022 Technical Report).\"Assay HighlightsAssay intersections from holes GTY26-007, 009, 010, 012 and 013 are shown in Table 1 below. All Yellorex drill holes intersected the Campbell Shear, characterized...