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Gold Terra Continues to Expand Gold Mineralization at Sam Otto South
VANCOUVER, BC / ACCESSWIRE / May 11, 2020 / Gold Terra Resource Corp. (TSX-V:YGT)(Frankfurt:T...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"Gold Terra Continues to Expand Gold Mineralization at Sam Otto SouthVANCOUVER, BC / ACCESSWIRE / May 11, 2020 / Gold Terra Resource Corp. (TSX-V:YGT)(Frankfurt:TX0)(OTC PINK:TRXXF) (\"Gold Terra\" or the \"Company\") is pleased to announce the results of 10 drill holes from Sam Otto South (Link to map) on its 100% wholly-owned Yellowknife City Gold (\"YCG\") project in the Northwest Territories. To date, Gold Terra has released the assay results of 28 holes from its 36 holes winter drilling program totaling 10,989 metres.This drilling targeted the northern part of Sam Otto South. All 10 holes intersected gold mineralization, indicating the potential to add to the current inferred mineral resource estimate dated November 4, 2019 (the \"2019 Mineral Resource Estimate\").Highlights include:1.03 g/t Au over 23m, including 1.30 g/t Au over 12m (TSO20-077)1.60 g/t Au over 11.75m (TSO20-078)1.18 g/t Au over 11m, including 1.94 g/t Au over 6m (TSO20-074)1.05 g/t Au over 9m (TSO20-076)1.09 g/t Au over 7m (TSO20-068)President and CEO David Suda stated: \"Our stated goal prior to this drilling campaign was to establish continuity and potentially increase the current mineral resource. Results to date have demonstrated continued success in expanding the footprint of the Sam Otto South gold mineralized system. For example, very good continuity is shown on Section 3400N with holes TSO20-074 and 077 announced today. We look forward to receiving the assay results from the remaining holes in the untested central zone and Main Zone of Sam Otto.\"Technical Summary:The drill holes reported today were following up on holes TSO18-037 (1.92 g/t Au over 11.82m) and TSO19-046 (1.36 g/t Au over 14.00m) at the northern end of Sam Otto South. This drilling completed on approximate 50m centers covers an additional 250m of strike length beyond the news release of April 22, 2020, which together encompass 500m of continuous mineralization to a vertical depth of 200m to 250m (Link to cross sections).The drilling results reported to date demonstrate good continuity of the gold mineralization at greater than 1 g/t and have expanded the mineralized zone beyond the boundaries of the 2019 Mineral Resource Estimate.The drilling also intersected an additional zone of mineralization in hole TSO20-075 at a vertical depth of approximately 300m. This hole was drilled deepe...