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Gold Terra Resources drilling Intersects Con Shear and Gold in Hanging Wall at Con Mine Property

(NewsDirect) Gold Terra Resources Chairman and CEO Gerald Panneton joined Steve Darling f...

articleGold Terra Resource Corp.April 18, 20243/company/gold-terra-resource-corp/news/gold-terra-resources-drilling-intersects-con-shear-and-gold-in-hanging-wall-at-con-mine-property
Gold Terra Resources drilling Intersects Con Shear and Gold in Hanging Wall at Con Mine Property

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[{"type":"text","content":"Gold Terra Resources drilling Intersects Con Shear and Gold in Hanging Wall at Con Mine Property\n \n \n (NewsDirect)\n \n \n \n \n Gold Terra Resources Chairman and CEO\nGerald Panneton joined Steve Darling from Proactive to unveil exciting\ndevelopments regarding the company's deep drill hole targeting the\nCampbell Shear beneath the Con Mine workings. The drill hole,\ninitiated in early February, has yielded significant results,\nincluding the intersection of the Con Shear from 1366 to 1405\nmeters—a secondary shear structure—along with new gold\nmineralization discoveries.\n \n \n Panneton\nprovided insights into the findings, highlighting the discovery of\ngold mineralization reaching up to 13.90 g/t Au over a span of 0.60\nmeters in the hanging wall granite host of the Con shear at multiple\ndepths along the drill hole. Notably, the Con Shear intersection is\ncharacterized by intense silicification of mafic volcanic and\nintermediate intrusive rocks, with a prominent quartz vein present\nalong the intermediate intrusive-mafic volcanic contact. Additionally,\nnumerous quartz veins with pyrite mineralization were observed within\nthe strongly silicified and sheared zone, indicative of significant\nmineralization potential.\n \n \n The\nintermittent yet robust shearing observed over the interval\nunderscores the geological complexity and mineralization potential of\nthe area. Building on these promising results, the 2024 deep drilling\nprogram aims to expand upon the initial Mineral Resource Estimate from\nSeptember 2022, which identified 109,000 Indicated ounces of contained\ngold and 432,000 Inferred ounces of contained gold between surface and\na depth of 400 meters below surface along a 2-kilometer corridor of\nthe Campbell Shear.\n \n \n With these latest discoveries, Gold Terra\nResources is poised to unlock further value and potential within its\nextensive exploration portfolio. The company's commitment to\nadvancing its exploration initiatives and maximizing shareholder value\nis evident in its proactive approach to exploration and resource\nexpansion. As Gold Terra Resources continues to explore and develop\nits projects, stakeholders can look forward to further updates and\nadvancements in the company's quest to uncover the full potential\nof its mineral assets.\n \n \n \n Contact\nDetails\n \n \n \n \...

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