Business

Gold Terra Announces New Drill Targets on the Campbell Shear North Extension on the Con Mine, Yellowknife, NWT

VANCOUVER, BC / ACCESS Newswire / September 26, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(F...

articleGold Terra Resource Corp.September 26, 20255/company/gold-terra-resource-corp/news/gold-terra-announces-new-drill-targets-on-the-campbell-shear-north-extension-on-the-con-mine-yellowknife-nwt
Gold Terra Announces New Drill Targets on the Campbell Shear North Extension on the Con Mine, Yellowknife, NWT

About this update from Gold Terra Resource Corp.

[{"type":"text","content":"Gold Terra Announces New Drill Targets on the Campbell Shear North Extension on the Con Mine, Yellowknife, NWTVANCOUVER, BC / ACCESS Newswire / September 26, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) (\"Gold Terra\" or the \"Company\") has completed its review of the Con Mine 2002 historical resources of 650,000 ounces of gold at between 11-12 g/t dated January 1st 2003 (see Note 1 further in this news release). Based on the review, selected priority targets have been established for the upcoming drilling program scheduled to start before year end 2025 that will focus on the past producing Campbell Shear (\"CS\") structure. The goal of this drilling program is to confirm portions of the historical resources and investigate additional potential resources at lower cut-off grades, reflecting the current higher gold prices of today. This confirmation drilling could contribute to further increases to the current resource base of the Company prior to proceeding with economic studies.Gold Terra has identified numerous historical targets within the Con Mine underground infrastructure between 500 metres to 1000 metres below surface. The Con Mine produced a total of 6.1 Moz between 1938 and 2003 and closed at a time when gold price averaged US$ 340 per ounce and while using a cut-off grade (COG) of 10 g/t Au (Refer to the Oct. 21, 2022 Technical Report).The largest of these targets (see Figure 1 and 1A) is an interpreted 1.4 kilometre long Northern Extension of the Campbell Shear structure between section 6600N and 8000N, and between 600 metres to 1,200 metres below surface, which was previously drilled in the 1990's from underground stations between level 1900 and 2900 (580 metres and 885 metres).The proposed plan is to:Drill at 100 metres spacing to confirm the underground historical drill results which extend for more than 1 kilometer north of the Con Mine.Test three (3) other areas between 800 metres vertical to 1400 metres within the Con Mine main ore body that weren't mined historically.Test and In-fill drill in the Con Mine south area where the Company has already outlined a NI43-101 resource on the Yellorex and Yellorex North deposits (See Note 2 further in the press release- Mineral Resource Estimate (MRE) dated September 2022). This drilling is intended to bring this area up to a Drill Indicated con...

More updates from Gold Terra Resource Corp.