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Gold Terra Intersects 5.07 g/t Over 8.35 Metres Including 11.87 g/t Gold Over 3.08 Metres at High-Grade Yellorex Gold Zone, Along Campbell Shear Structure, South of Con Mine, NWT
VANCOUVER, BC / ACCESSWIRE / October 13, 2021 / Gold Terra Resource Corp. (TSXV:YGT)(FSE:TX0)...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"Gold Terra Intersects 5.07 g/t Over 8.35 Metres Including 11.87 g/t Gold Over 3.08 Metres at High-Grade Yellorex Gold Zone, Along Campbell Shear Structure, South of Con Mine, NWTVANCOUVER, BC / ACCESSWIRE / October 13, 2021 / Gold Terra Resource Corp. (TSXV:YGT)(FSE:TX0)(OTCQX:YGTFF) (\"Gold Terra\" or the \"Company\") is pleased to announce assay results for two holes, GTCM21-015 and 16, drilled as part of the current 10,000 metre Phase 2 drilling program at the Company's optioned property from Newmont Ventures Limited and Miramar Northern Mining Limited (the \"Newmont Option\") adjacent to its Yellowknife City Gold Project (\"YCG\"), NWT. Drill hole GTCM21 -16 intersected 5.07 g/t over 8.35 metres including 11.87 g/t gold over 3.08 metres in a strongly strained and sericitized portion of the Campbell Shear. Drill hole GTCM21-015 which was drilled to target the Campbell Shear mineralized zone around 300 metres vertical depth and test the northern extent of the zone did intersect visible gold at 351.60 to 352.60 metres within a zone of intense white quartz and ankerite veining, followed by a weaker mineralized 13.0 metre zone.President and CEO, David Suda, commented, \"Our drilling results continue to confirm and extend the potential of the Yellorex zone to add to our current resource of 1.2 million inferred ounces. Both holes released today continue to confirm the continuity of the Yellorex zone within the Campbell Shear. Our current drilling is progressing to extend the zone at depth, currently around 500 metres below surface with hole GTCM21-25 and will continue to test the extension of the zone further as our fully funded program continues. We look forward to providing investors with a steady news flow as we continue to test the strike length and depth potential of the Campbell Shear. \"The Phase 2 drilling program started on July 16th and ten (10) holes have been drilled to date totaling approximately 4,430 metres. The drilling is testing the Campbell Shear at the Yellorex zone immediately south of the Con Mine, over a strike length of 1 kilometre and to a depth of 1000 metres. Significant high-grade gold zones were intersected during the Phase 1 drilling program at Yellorex (14.09 g/t Au over 4.65 metres, see April 6, 2021 press release) and in the first hole of the current Phase 2 program with Hole GTCM21-014 (4.22 g/t Au...