Announcement Date: 2022-03-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Gold Terra Resources Corp.
Project name: Yellowknife City
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 4m @ 19.0g/t Au from 20m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: March 22, 2022, Vancouver, B.C. – Gold Terra Resource Corp. (TSX-V: YGT; Frankfurt: TX0; OTC QX: YGTFF) (“Gold Terra” or the “Company”) is pleased to announce partial assay results in drill hole GTWL22- 002 which intersected 19.00 g/t gold over 4.0 metresincluding 73.9 g/t gold over 1 metre in the Mispickel area as drilling continues to extend the new high-grade MP-Ryan Zone at least 200 metres north of the main Mispickel area. The hole is part of a small winter drill program in the northern part of the Company’s Yellowknife City Gold Project. So far, a total of 10 holes (GTWL22-002, 3, 4, 5, 6, 7, 8, 9, 13 and 14) of the first 13 holes have intersected visible gold (VG) in a sheared vertical structure currently extended over a minimum strike length of 400 metres. Assays are pending for all the remaining holes. The Company’s 2022 primary drilling program remains focused on testing the continuity of the mineralized zones within the Campbell shear south of the former Con Mine with the objective of adding high-grade ounces to the current 1.2 Moz inferred resources (see March 31, 2021 Technical Report). Chairman and CEO, Gerald Panneton, commented, “On top of our drilling success along the Campbell shear in 2021, and continuing in 2022, we are having very positive drill results in the former Mispickel area north of town (approximately 20km north of Yellowknife). Today’s preliminary drill results from our additional winter drilling program in that area along the new MP
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