May 5, 2021
Jason Smith Drill crew and core. , Courtesy of Market One Media
A supportive gold environment combined with a project in a mining-friendly locale have Gold Terraâs executive team excited about making new discoveries
Recent option with gold giant Newmont gives Gold Terra access to an underexplored section of the Campbell Shear, the key structure responsible for 13 million ounces of historically produced gold
Building on a million-ounce-plus resource, the company sees an opportunity to outline additional multi-million ounces on its Yellowknife City Gold project
Gold is an investment as old as time. Itâs an asset that tends to do well in times of crisis and when inflation rears up, gold is needed for financial security.
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Arctic Journal
NWT
The GNWT is helping to support mining companies by investing $100,000 in projects under the Mining Incentive Program (MIP).
The four recipients of the early December announcement include Cheetah Resources, Gold Terra Resources, StrategX Elements Corp., and BNT Gold Resources.
In August, the MIP invested $1 million in 19 mineral exploration projects. Seven of those companies are exploring for gold, diamonds, lead, zinc, rare earths, and other minerals. These companies included Fortune Minerals, North Arrow Minerals and Pine Point Mining.
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