Business

Gold Terra Provides Update on Drilling Program Along the Campbell Shear South of the Con Mine, Yellowknife, NWT

VANCOUVER, BC / ACCESS Newswire / February 5, 2026 / Gold Terra Resource Corp. (TSXV:YGT)(Fra...

articleGold Terra Resource Corp.February 5, 20265/company/gold-terra-resource-corp/news/gold-terra-provides-update-on-drilling-program-along-the-campbell-shear-south-of-the-con-mine-yellowknife-nwt
Gold Terra Provides Update on Drilling Program Along the Campbell Shear South of the Con Mine, Yellowknife, NWT

About this update from Gold Terra Resource Corp.

[{"type":"text","content":"Gold Terra Provides Update on Drilling Program Along the Campbell Shear South of the Con Mine, Yellowknife, NWTVANCOUVER, BC / ACCESS Newswire / February 5, 2026 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQB:YGTFF) (\"Gold Terra\" or the \"Company\") is pleased to announce the completion of eight (8) holes as the 2026 Winter Drill Program continues targeting the past producing Campbell Shear (CS), two kilometers south of the historic Con Mine. An additional two (2) holes were completed in the Northbelt area, 20 kilometres north of Yellowknife. All samples from completed drill holes have been submitted for laboratory analysis, with assay results expected within standard laboratory turnaround times.Under the Con Mine Option (CMO) purchase agreement, the Company has the right to acquire 100% of the CMO property from a subsidiary of Newmont Corporation (\"Newmont\"), subject to the fulfillment of certain conditions set out in the agreement, as reported in the Company's news release dated November 22, 2021. Gold Terra's option on the CMO with Newmont is until November 21, 2027.Chairman and CEO, Gerald Panneton, commented, \"Our winter drilling program is progressing well with the objective to add additional ounces to our current mineral resource estimates. The drilling on the Yellorex is targeting areas where there was room to add ounces with not enough drilling, and to increase the number of ounces in the indicated category. With two (2) drill rigs coring on the Con Mine Option, our program is advancing well with more than 2600 metres to date. Gold Terra's 100% land tenure covers more than 70 kilometres of strike length of the past-producing high-grade Campbell Shear in one of Canada's largest historic gold belts.\"Drilling HighlightsFour diamond drill rigs are currently active on the Yellowknife Project as shown in Figure 1. A total of ten drill holes has been completed to date, comprising eight holes on the Campbell Shear target south of the Con Mine and two holes at the Mispickel target within the Northbelt area north of the city of Yellowknife. Figure 1: 2026 Drilling Program on Yellorex area and MispickelYellorex DrillingEight drill holes, GTY26-001 - GTY26-008, have been completed on the Campbell Shear (CS) in the Yellorex area as shown in Table 1 below for a total of 2,613.7 metres drilled. These holes are desig...

More updates from Gold Terra Resource Corp.