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Gold Terra Intersects 1.30 g/t Au over 50.6m at Sam Otto Main on its Yellowknife City Gold Project in the Northwest Territories
VANCOUVER, BC / ACCESSWIRE / May 19, 2020 / Gold Terra Resource Corp. (TSXV:YGT)( Frankfurt:T...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"Gold Terra Intersects 1.30 g/t Au over 50.6m at Sam Otto Main on its Yellowknife City Gold Project in the Northwest TerritoriesVANCOUVER, BC / ACCESSWIRE / May 19, 2020 / Gold Terra Resource Corp. (TSXV:YGT)( Frankfurt:TX0)(OTC PINK:TRXXF) (\"Gold Terra\" or the \"Company\") is pleased to announce the results of the remaining six drill holes from Sam Otto (Link to plan view) on its 100% wholly-owned Yellowknife City Gold (\"YCG\") project in the Northwest Territories. This concludes the winter drilling program at Sam Otto with 34 holes totaling 9,622 metres.Highlights include:1.30 g/t Au over 50.6m, including 3.02 g/t Au over 9.0m (TSO20-083)1.18 g/t Au over 51.65m, including 2.07 g/t over 11.05m and 2.03 g/t over 13.5m (TSO20-081)The three holes drilled at Sam Otto Main covered a strike length of 300 metres (100m spacing) and all intersected wide zones of gold mineralization, with two of the holes having the widest greater than 1 g/t gold intersections ever drilled at Sam Otto to date (Link to cross-sections). In addition, these holes were drilled below the current pit constrained inferred resource (based on a US$1,300 gold price) and therefore remains open at depth. The mineralized system is also open along strike to the north as only two shallow holes were drilled (TSO17-021 and 025) and both intersected 10 to 20 metre zones of greater than 1 g/t. The other three holes drilled in the ‘connector' zone (area between Sam Otto Main and Sam Otto South) did not intersect any significant gold mineralization.With the assistance of Vrify, the Company has posted on its website a model with cross-sections depicting the results of the 2020 winter drilling program at Sam Otto, which extends for a strike length of 4.5 kilometres. The Vrify deck can be accessed directly (click here) or visit the Projects section of the Gold Terra website (click here).President and CEO David Suda stated: \"Overall, the drilling campaign at Sam Otto was successful in expanding the footprint of the gold mineralized system and indicating the potential to add to the current inferred mineral resource estimate dated November 4, 2019. With the first part of our 2020 drilling program completed, we will now move our sights to further resource expansion with a drilling program on the Crestaurum high-grade deposit as soon as conditions permit.\"Technical Appendi...