Gold Terra Confirms Campbell Shear Gold Potential to a Vertical Depth of 2580 Metres, Con Mine Option Property, NWT

About this update from Gold Terra Resource Corp.

[{"type":"text","content":"Gold Terra Confirms Campbell Shear Gold Potential to a Vertical Depth of 2580 Metres, Con Mine Option Property, NWTVANCOUVER, BC / ACCESS Newswire / May 26, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) (\" Gold Terra \" or the \" Company \") is pleased to report that wedge hole GTCM25-056A intersected anomalous gold in the Campbell Shear (CS) from 2680.5 to 2703.5 metres downhole depth on the Con Mine Option (CMO) Property. The results are very encouraging, confirming the existence of the CS more than 600 metres below the mine. The CS intersection is gold and silver anomalous (up to 0.5 g/t Au and 12.6 g/t Ag), which the Company views as comparable to historical low-grade intersections in the mine that were outside the previous mined high-grade shoots.In addition, higher-grade gold values (7.81 g/t Au over 0.5 metres) were intersected in the footwall of the CS within brecciated pyrite-pyrrhotite quartz veins, identical to the lowest levels of the mine. The CS was initially intersected at depth in hole GTCM23-055, with 12.63 g/t Au over 1.7m (refer to November 15, 2023 news release), 200 metres below the existing historic underground workingsChairman and CEO, Gerald Panneton, commented, \"Hole GTCM25-056A confirms the gold potential of the CS at more than 600 metres below the current depth of the historic Robertson Shaft (-1900 metres). The gold and silver anomalous CS intersection of 23 metres is typical of a pinch section of the usual wider or swelling altered CS. With this technical success and confirmation of the CS potential at depth, we can pause the deep drilling and focus on our targets near surface. As such, there is no need to spend more money from surface, as the CS potential is confirmed.\"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 Gold Terra's Oct. 21, 2022 Technical Report) on the Con Mine below the historic Con Mine underground workings. Under the CMO agreement, the Company has the right to acquire 100% of the CMO property from a subsidiary of Newmont Corporation, subject to the fulfillment of certain conditions set out in the agreement, as reported in the Company's news release dated November 22, 2021.Wedge Hole GTCM24-056A HighlightsThe drilling initially intersected a gold an...

More updates from Gold Terra Resource Corp.