Business
Gold Terra Intersects 2.38 g/t over 4.70 metres including 12.95 g/t gold over 0.55 metres at the High-Grade Yellorex Gold Zone, along Campbell Shear Structure, Con Mine Property Option, NWT
VANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Gold Terra Resource Corp. (TSX-V:YGT); (Frank...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"Gold Terra Intersects 2.38 g/t over 4.70 metres including 12.95 g/t gold over 0.55 metres at the High-Grade Yellorex Gold Zone, along Campbell Shear Structure, Con Mine Property Option, NWTVANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Gold Terra Resource Corp. (TSX-V:YGT); (Frankfurt:TX0); (OTC QX:YGTFF) (\"Gold Terra\" or the \"Company\") is pleased to announce assay results for five additional (5) holes, GTCM21-017, 18, 19, 20 and 21 drilled as part of the current 10,000 metre 2021 drilling program on the Yellorex Zone at the Con Mine Property, recently optioned from Newmont Canada FN Holdings ULC and Miramar Northern Mining Ltd., both wholly owned subsidiaries of Newmont Corporation (\"Newmont\"). The Con Mine Property is adjacent to the Company's Yellowknife City Gold Project (\"YCG\") and is a key addition to the Gold Terra's district sized land package along the prolific Campbell Shear. Drilling continues to successfully intersect the Campbell Shear and holes GTCM21-17, 19 and 21 have extended gold mineralization on both the southern and northern limits of the Yellorex Zone for over two kilometers. Drilling results are very positive as the Campbell shear structure has been intersected in every hole drilled to date.Assay highlights include:Drill hole GTCM21-21 intersected 1.24 g/t over 11.00 metres extending the north-east limit of the Yellorex gold-bearing zone by about 50 metres along strike.Drill hole GTCM21-20 intersected 2.38 g/t over 4.70 metres including 12.95 g/t gold over 0.55 metres.Drill hole GTCM21-19 intersected 2.46 g/t over 4.70 metres including 5.13 g/t gold over 1.90 metres in strong sericite alteration on a deeper portion of the southern limit of the Yellorex zone.Drill hole GTCM21-017, a shallow hole drilled on the south limit of the Yellorex zone intersected 1.94 g/t over 3.00 metres including 10.40 g/t gold over 0.50 metres in strong sericite alteration.President and CEO, David Suda, commented, \"Despite extended delays at the assay labs, we are pleased to have additional results from our Phase 2 drilling program. These holes were designed to test the outer limits of the Yellorex Zone along strike and at depth and the results have successfully extended the strike length across the southern and northern limits of the Yellorex Zone. We anticipate more results in the near future as we continue to test th...