Gold Terra Starts Winter Drilling Program on Con Mine Option Property to Expand Current Mineral Resources

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[{"type":"text","content":"Gold Terra Starts Winter Drilling Program on Con Mine Option Property to Expand Current Mineral ResourcesVANCOUVER, BC / ACCESSWIRE / January 18, 2023 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) (\"Gold Terra\" or the \"Company\") is pleased to announce the start of an 8,000-metre winter drilling program on the Con Mine Option (\"CMO\") Property in Yellowknife, NWT. The CMO property is under option from subsidiaries of Newmont Corporation and is acquirable by the Company upon fulfillment of certain conditions set out in the CMO agreement, as reported in the Company's news release dated November 22, 2021.The initial drilling program will consist of 20 holes drilled from surface to a depth of -600 metres over a 2-kilometre stretch with the objective of expanding the September 2022 initial Mineral Resource Estimate (\"MRE\") (see September 7, 2022 press release) along the Campbell Shear south of the Con Mine. In addition, preparations are underway to move in a second drill which is capable of drilling 2,500 metre holes to test the depth extension of mineralization below the former Con Mine.Chairman and CEO, Gerald Panneton, commented, \"This winter drilling program will continue to focus on expanding the current near surface mineral resources on the CMO on where the initial MRE was based on. At the same time, we are planning, to drill the down plunge extension of the Con Mine deposit below -1,900 metres as we strongly believe there is significant additional high-grade potential. The current MRE remains open in all directions along the prolific 6-kilometre-long Campbell Shear structure from which the Con Mine produced more than 5 million ounces of high-grade gold (16 g/t Au) on 2 kilometres of strike length alone. Our goal is to advance the project towards an economic study and bring further value to our shareholders.\"Drilling Program on the Yellorex North, Yellorex and Kam Point depositsThe focus of the winter drilling program is to expand the current mineral resource estimate with targets being shown in Figure 1 below.All these targets are located along the Campbell Shear structure between surface and -500 meters depth with the exception of one hole which will test the depth of the Yellorex Main deposit where most of the initial MRE is located.The drilling program will start on the Yellorex North target thi...

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