Ellis Martin Report: Gold Terra (TSX-V:YGT) Announces Significant Increase of 64% for the Inferred Mineral Resource to 1,207,000 Ounces at its Yellowknife City Gold Project
Malibu, CA, April 6, 2021 AEST (ABN Newswire) - Join Ellis Martin for a conversation with David Suda, the President and CEO of Gold Terra Resource Corp. (
Gold Terra owns a 100% interest in the Yellowknife City Gold Project, encompassing 800 sq km of contiguous land within 12 kilometers of the city of Yellowknife. The Project is located in the prolific Yellowknife greenstone belt, covering 70 kilometers of strike length along the main mineralized break in proximity to the former high-grade Con and Giant gold mines which have produced over 14 million ounces of gold. The Yellowknife City Gold Project is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.
Gold Terra Announces Filing of Technical Report for 64% Increase to Mineral Resource Estimate at Yellowknife City Gold Project
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Gold Terra Announces Filing of Technical Report for 64% Increase to Mineral Resource Estimate at Yellowknife City Gold Project
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Gold Terra Resource Corp: Gold Terra Announces Filing of Technical Report for 64% Increase to Mineral Resource Estimate at Yellowknife City Gold Project
Phone: 1-778-897-1590 | 604-689-1749 ext 102
Strazdins@goldterracorp.com
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Date and Time: March 17, 2021 03:00 PM Eastern Time (US and Canada)
The 2021 updated mineral resources and its upside potential
The 2021 inferred mineral resource estimate illustrates the growing value of the Yellowknife camp and has opened-up several exploration opportunities to increase mineral resources on the Northbelt property. The Yellowknife camp was developed along the Campbell Shear, the main structure in the belt and host to the largest gold plumbing system of the area on which both the Giant (8 million ounces produced) and Con Mines (6.1 million ounces produced) were developed. Similar to most Archean gold camps in Canada and in the world, numerous gold deposits within the YCG Project may re-establish Yellowknife as a premier mining camp in close proximity to the City of Yellowknife where all the infrastructure is already in place, making the development of these deposits much easier. Specific targets with the potential to increase mineral resources include: