Annuncio • May 05
Gold Terra Resource Corp., Annual General Meeting, Jun 30, 2026 Gold Terra Resource Corp., Annual General Meeting, Jun 30, 2026. Location: british columbia, vancouver Canada Annuncio • Jan 23
Gold Terra Resource Corp. Appoints Todd Burlingame as Chief Development Officer Gold Terra Resource Corp. announced the appointment of Todd Burlingame as Chief Development Officer (‘CDO’) to oversee the Company's direction towards development of Yellowknife assets, including all stakeholder relationships, permitting strategy, and all other impending policies and plans on the future growth of the Company in Yellowknife. Todd Burlingame brings extensive experience, leadership, and widespread familiarity with the NWT to this role. Todd is the Principal and Founder of Kee Scarp Ltd., a resource development company founded in 1996 that de-risks and advances large scale projects by restructuring organizations, building teams, participating in financing initiatives, meeting project milestones, securing approvals and negotiating benefits agreements with indigenous groups. Todd's most significant positions over the last 30 years include: //st Chairman &Chief Executive Officer at Mackenzie Valley Environmental Impact Review Board, Chairman & Chief Executive Officer at Mackenzie Valley Land &Water Board, Project Manager at Vale's Long Harbour Hydrometallurgical Plant, Manager at Nalcor Energy's Lower Churchill Hydroelectric Project, Executive VP at Alderon Iron Ore Corp.'s Project, Vice President at Baffinland Iron Mines, President at High Tide Resources Corp., Chief Executive Officer at Search Minerals, Chief Executive Officer at E-Tech Xploration. Todd currently serves as an Independent Director at Ventra Metals Corp. Todd has a B.Sc. Geology degree from the University of British Columbia and is a registered Professional Geologist (P.Geo.) in Nova Scotia. Annuncio • Nov 13
Gold Terra Resource Corp. announced that it expects to receive CAD 6.3 million in funding Gold Terra Resource Corp. announced a non-brokered private placement with a new strategic investor, David Harquail, and existing shareholder Eric Sprott to issue 15 million common shares at an issue price of CAD 0.10 per Share for gross proceeds of CAD 1,500,000, 30,000,000 Charitable flowthrough common shares at an issue price of CAD 0.14 per CFT Share for gross proceeds of CAD 4,200,000 and 5,000,000 flow-through common shares at an issue price of CAD 0.12 per FT Share for gross proceeds of CAD 600,000; aggregate gross proceeds of CAD 6,300,000 on November 12, 2025. The Offering is non-brokered with no warrants and the Offering is expected to be closed on or around November 28, 2025 and is subject to certain conditions including the acceptance of the TSX Venture Exchange. Annuncio • May 27
Gold Terra Resource Corp. Confirms Campbell Shear Gold Potential to A Vertical Depth of 2580 Metres, Con Mine Option Property, Nwt Gold Terra Resource Corp. reported that wedge hole GTCM25-056A intersected anomalous gold in the Campbell Shear (CS) from 2680.5 to 2703.5 metres downhole depth on the Con Mine Option (CMO) Property. The results are very encouraging, confirming the existence of the CS more than 600 metres below the mine. The CS intersection is gold and silver anomalous (up to 0.5 g/t Au and 12.6 g/t Ag), which the Company views as comparable to historical low-grade intersections in the mine that were outside the previous mined high-grade shoots. In addition, higher-grade gold values (7.81 g/t Au over 0.5 metres) were intersected in the footwall of the CS within brecciated pyrite-pyrrhotite quartz veins, identical to the lowest levels of the mine. With this technical success and confirmation of the CS potential at depth, the Company can pause the deep drilling and focus on targets near surface. As such, there is no need to spend more money from surface, as the CS potential is confirmed. The objective of the 2025 wedge hole drilling program is to continue testing for high-grade gold in the CS (past production of 5.1 Moz @ 16 g/t), refer to Gold Terra's Oct. 21, 2022 Technical Report) on the Con Mine below the historic Con Mine underground workings. Under the CMO agreement, the Company has the right to acquire 100% of the CMO property from a subsidiary of Newmont Corporation, subject to the fulfillment of certain conditions set out in the agreement, as reported in the Company's news release dated November 22, 2021.edge Hole GTCM24-056A Highlights. The drilling initially intersected a gold anomalous zone between 2680.5 to 270 3.5 metres downhole depth in the CS with chlorite dominant alteration with assay results between 0.1 g/t and 0.54 g/t. This intersection is comparable to historical low-grade intersection in the mine that were outside The high-grade shoots but were in general proximity to higher grade zones. The deep drilling demonstrates that the CS is present at depth and has opened up a much larger area for drilling of approximately one kilometre strike length by 600 metres vertical. Annuncio • May 13
Gold Terra Resource Corp. announced that it has received CAD 2.4 million in funding On May 12, 2025 Gold Terra Resource Corp. closed the transaction and issued 4,140,000 hard dollar common shares at an issue price of CAD 0.05 for gross proceeds of CAD 207,000 and 5,000,000 charitable flow-through common shares at an issue price of CAD 0.07 for gross proceeds of CAD 350,000 for aggregate proceeds of CAD 557,000 in its second and final tranche. The company paid CAD 7,620 as finder's fee in second tranche. A finder's fee of 6% cash totaling CAD 34,320 was paid to certain finders for the total financing. The financing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the acceptance of the TSX Venture Exchange. Insiders of the company participated in the financing by purchasing a total aggregate of 3,660,000 shares which includes insider participation of 1,500,000 shares in the second tranche. All securities are subject to a four-month hold period from the date of closing expiring on August 12, 2025, on the first tranche and a four-month hold expiring on September 13, 2025, on the second tranche. Annuncio • Apr 08
Gold Terra Resource Corp., Annual General Meeting, Jun 04, 2025 Gold Terra Resource Corp., Annual General Meeting, Jun 04, 2025. Location: british columbia, vancouver Canada Annuncio • Apr 01
Gold Terra Resource Corp. announced that it expects to receive CAD 2.4 million in funding Gold Terra Resource Corp. announced a non-brokered private placement of 20,000,000 hard-dollar common shares at a price of CAD 0.05 per share for the gross proceeds of CAD 1,000,000 and 20,000,000 charitable flow-through common shares at a price of CAD 0.07 per share for the gross proceeds of CAD 1,400,000 for the total gross proceeds of CAD 2,400,000 on March 31, 2025. The Financing is expected to close on or about April 11, 2025, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the acceptance of the TSX Venture Exchange. All securities are subject to a four-month hold period from the date of closing. Insiders of Gold Terra are expected to participate in the Financing by purchasing an aggregate of 2,160,000 Shares Annuncio • Jan 10
Gold Terra Announces Start of 2025 Drilling Program Targeting High-Grade Gold in the Campbell Shear, Con Mine Option Property, NWT Gold Terra Resource Corp. announced the start of its 2025 wedge hole drilling program that will continue targeting the prolific Campbell Shear (CS) from master hole GTCM24-056 on the Con Mine Option (CMO) Property. Hole GTCM24-056 was drilled to a depth of 3,002 metres and will serve as a master hole from which to branch off with as many wedges as possible to evaluate the CS 600 metres below the current Robertson shaft depth (1,900 metres), up-dip and laterally. The wedge hole drilling program allows for a more efficient and cheaper evaluation of the CS rather than drilling holes from surface. The objective of the 2025 wedge hole drilling program is to continue testing for high-grade gold in the CS (past production of 5.1 Moz @ 16 g/t) on the Con Mine below the historic Con Mine underground workings. The CMO Property is under option from a subsidiary of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property Option agreement, as reported in the Company's news release dated November 22, 2021. The target is located downdip from the 5.1 Moz mined gold deposit plunging steeply to the south between elevation 1,900 metres (Robertson shaft depth) and 2,600 metres. The wedge hole drilling program is starting on January 10, 2025. The 2025 drilling program will consist of an initial plan of wedge holes (5 to 7) with an approximate estimate drilling length of 3,000 metres. The first wedge is planned to start at 2,000-2,100 metres downhole with a CS target of 2,700 metres, or 800 metres below the Robertson shaft. Wedge holes are designed to target the CS at depth first, and then up-dip with each successive wedge being higher up the master hole. The CS was initially intersected at depth in deep hole GTCM23-055, which intersected 12.63 g/t Au over 1.7m in the CS structure approximately 150m below the Con Mine workings, demonstrating the potential of the CS at depth. The 2025 deep drilling program aims to expand the September 2022 initial Mineral Resource Estimate ("MRE") of 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and 400 metres below surface along a 2-kilometre corridor of the Campbell Shear. Annuncio • Dec 12
Gold Terra Resource Corp. announced that it expects to receive CAD 0.18 million in funding Gold Terra Resource Corp. announced a non-brokered private placement of up to 3,000,000 flow-through common shares at a price of CAD 0.06 per share for the gross proceeds of CAD 180,000 on December 11, 2024. The transaction is expected to close on December 16, 2024. All securities are subject to a four-month hold period from the date of closing. Annuncio • Oct 31
Gold Terra Resource Corp. announced that it expects to receive CAD 2.6 million in funding Gold Terra Resource Corp. announced a non-brokered private placement that it will issue up to 10,000,000 common shares of the company at an issue price of CAD 0.05 per share for the gross proceeds of CAD 500,000 and 30,000,000 charity flow-through common shares of the company at a price of CAD 0.07 per share for the gross proceeds of CAD 2,100,000 for the total gross proceeds of up to CAD 2,600,000 on October 30, 2024. Insiders of the company might participate in the offering. Finders' fees of 6 per cent cash is to be paid to certain finders. All securities are subject to a four-month hold period from the date of closing. Annuncio • Oct 24
Gold Terra Resource Corp. announced that it has received CAD 0.5725 million in funding Gold Terra Resource Corp. announced that it has closed a non-brokered private placement of 11.45 million common shares at a price of CAD 0.05 per share for gross proceeds of CAD 572,500 on October 23, 2024. Finders' fees of 6 per cent in cash totaling $15,600 were paid to certain finders. All securities are subject to a four-month hold period from the date of closing. New Risk • Aug 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.8m free cash flow). Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 6.2% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€11.1m market cap, or US$12.3m). Annuncio • Jul 29
Gold Terra Resource Corp. Completes Its Master Deep Hole At 3002 Metres to Be Used for Wedge Holes Targeting the Prolific Campbell Shear, Con Mine Option Property, NWT Gold Terra Resource Corp. outlined its Phase 2 deep drilling program designed to continue targeting the prolific Campbell Shear (CS) from the recently completed master hole GTCM24-056 on the Con Mine Option (CMO) Property. Hole GTCM 24-056 was drilled to a depth of 3,002 metres and will serve as a master hole from which to branch off with as many wedges as possible to evaluate the CS in a first phase of drilling from 600 metres -700 metres below the current Robertson shaft depth, up-dip and laterally. The branching-off wedge drilling strategy from the same master hole will allow for the evaluation of the CS with substantial benefits rather than drilling holes from surface. The objective of the Phase 2 drilling program is to continue testing for high-grade gold in the CS (past production of 5.1 Moz @ 16 g/t, refer to the Oct. 21, 2022 Technical Report on the Con Mine below the historic Con Mine underground workings. The CMO Property is under option from a subsidiary of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property Option agreement. At the granite's lower contact, the Con Shear (past production 1 million ounces of gold at a grade of 20g/t, refer to the October 21, 2022 Technical Report) was encountered, representing the deepest intersection of the Con Shear, with a multi-metre wide white quartz vein and numerous narrow smoky grey quartz veins. The Con shear was intersected where anticipated, suggesting good predictable of shear-hosted mineralization at depth on the Con Mine property. The new intersection adds potential for the Con Shear to be expanded to supplement the CS. The first deep hole, GTCM23-055, intersected 12.63 g/t Au over 1.7m in the CS structure approximately 150m below the Con Mine workings, demonstrating the potential of the CS at depth. Annuncio • Jun 13
Gold Terra Resource Corp. Provides Deep Drilling Update Gold Terra Resource Corp. provided Deep Drilling Update. Con Mine Option Property Drilling Update: Drilling is progressing well with drill hole GTCM23-056 targeting high grade gold mineralization in the Campbell Shear beneath the former Con Mine underground mine workings. Hole GTCM24-056 is currently at a downhole depth of 2,526 metres and on a stable trajectory. The drillhole is showing a crackle calcite veining texture which can be indicative of proximity to a shear system, as seen elsewhere in the camp. The Campbell Shear is anticipated to be intersected at approximately 2,600 to 2,650 metres depth. The current drill program at the Con Mine is aimed at increasing current Indicated and Inferred resource (MRE October 2022) near surface and south of the Con Mine, targeting the prolific Campbell Shear structure which produced 14 Moz of gold at an average grade of 16-22 g/t Au. The current drilling is targeting below the existing underground workings, where the potential exists to add significant free milling high grade ore. The Con Mine property has excellent infrastructure including the Robertson shaft, water treatment plan (2015), warehouse and offices, etc. The Con Mine closed in 2003, with approximately 650,000 ounces at 11-12 g/t Au in historic reserves and combined resources. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and the issuer is not treating the historical estimate as current mineral resources or mineral reserves. Annuncio • May 23
Gold Terra's Drill Hole Approaching the Prolific Campbell Shear with Current Downhole Depth at 2,265 Metres, Con Mine Option Property, Northwest Territories Gold Terra Resource Corp. announced that drill hole GTCM24-056, targeting the Campbell Shear(past production of 5.1 Moz @ 16 g/t, refer to the Oct. 21, 2022 Technical Report) on the Con Mine Option Property (CMO), is progressing well at a current depth of 2,265 metres. The drilling is estimated to intersect the Campbell Shear (CS) target at an approximate downhole depth of 2,600 metres, or approximately 600 metres below the historic Con Mine underground workings. The CMO Property is under option from a subsidiary of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property Option agreement, as reported in the Company's news release dated November 22, 2021. The current drill hole, GTCM24-056, has identified new gold mineralization ranging up to 13.90 g/t Au over 0.60 metres in the hanging granite wall of the Con Shear. The Con Shear was intersected further down the hole at a depth of 1,366-1,405 metres from surface with anomalous gold assays up to 0.6 g/t Au over 0.6 metres. Drill hole GTCM24-056 was collared in mafic volcanics and subsequently intersected a granite from 264 meters to 1,365 metres. The intrusive contains numerous quartz veins with pyrite, arsenopyrite, stibnite, sphalerite and one occurrence of visible gold. At the granite's lower contact, the Con Shear (past production 1 million ounces of gold at a grade of 20g/t, refer to the Oct. 21, 2022 Technical Report) was encountered, representing the deepest intersection of the Con Shear, with a multi-metre wide white quartz vein and numerous narrow smoky grey quartz veins. The Con shear was intersected where anticipated, suggesting good predictable of shear-hosted mineralization at depth on the Con Mine property. The new intersection adds potential for the Con Shear to be expanded to supplement the CS. The drill hole has since been in mafic volcanics with minor shear fabrics forming as the CS intersection is approached. The first deep hole, GTCM23-055, intersected 12.63 g/t Au over 1.7m in the CS structure approximately 150 metres below the Con Mine workings, demonstrating the potential of the CS at depth. This news release reports the assay results from one (1) drill hole with assays results ranging from non-detectable gold to a highest assay of 13.9 g/t Au. The Company inserts certified standards and blanks into the sample stream as a check on laboratory Quality Control (QC). Drill core samples are cut by diamond saw at Gold Terra's core facilities in Yellowknife. A halved core sample is left in the core box. The other half core is sampled and transported by Gold Terra personnel in securely sealed bags to ALS preparation laboratory (‘ALS’) in Yellowknife. After sample preparation, samples are shipped to ALS's Vancouver facility for gold analysis. Gold assays of >3 g/t are re-assayed on a 30 g split by fire assay with gravimetric finish. Samples with visible gold are additionally assayed using a screen metallic method. ALS is a certified and accredited laboratory service. ALS routinely inserts certified gold standards, blanks and pulp duplicates, and results of all QC samples are reported. Drill holes were drilled at right angles to the structure hosting the mineralization and dip angles of holes were designed to intersect the zones as close to normal as possible. Zones reported here are interpreted to be approximately 90% true thickness. The technical information contained in this news release has been reviewed and approved by Joseph Campbell, Chief Operating Officer, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Board Change • Apr 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Patsie Ducharme was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 17
Gold Terra Resource Corp. Deep Drilling Intersects Con Shear and Gold in Hanging Wall as Hole Progresses Toward Campbell Shear Target, Con Mine Option Property, NWT Gold Terra Resource Corp. announced that deep drill hole GTCM24-056, which started in early February targeting the Campbell Shear (past production of 5.1 Moz @ 16 g/t) at depth below the Con Mine workings, has intersected the Con Shear from 1,366-1,405 metres, a secondary shear structure with a past production of 1 Moz at 20 g/t gold. In addition, the hole has uncovered new gold mineralization ranging up to 13.90 g/t Au over 0.60 metres in the hanging wall granite host of the Con shear at multiple downhole depths (478.30 to 546 metres & at 748 metres). The Con shear Deposit is located approximately one km west in the hanging wall of the main Campbell shear target on the Con Mine Option Property (CMO). Hole GTCM24-056 is currently at approximately 1,481 metres and progressing well towards the Campbell Shear target, expected at approximately downhole depth of 2,700 metres. The CMO Property is under option from subsidiaries of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property Option agreement. Con Shear Intersection: Hole GTCM24-056 has intersected the Con Shear from 1,366-1,405 metres. The Con Shear intersection is notably marked by intense silicification of mafic volcanic and intermediate intrusive rocks. A large quartz vein is present along the intermediate intrusive-mafic volcanic contact and numerous white to smoky grey quartz veins with pyrite mineralization exist within the strongly silicified and sheared zone. The shearing over the interval is intermittent but strong when present. Gold in the Hanging Wall Granite Host: GTCM24-056 was collared in mafic volcanic rocks and subsequently encountered a granitic intrusive body from a depth of 261 metres and remained in the same granitic unit to a drill depth of 1,340 metres. The unit is thought to represent a mineralized intrusive stock adjacent to the Con Mine gold systems, characteristic of various deposits in the Yellowknife Greenstone Belt. Within the granitic intrusive unit, there are varying densities of quartz veining with associated alteration and mineralization. Veins range in size from hairline to 50 cm wide in densities of up to 6 veins per metre and are white to smoky grey. Siliceous alteration halos with pale green to yellow alteration surround the veins. Mineralization in veins typically consists of pyrite and arsenopyrite, but also occasionally contains sphalerite, galena, and pyrrhotite. Tourmaline is present in several veins and is viewed as an analogue to the Sigma- Lamaque complex (+15 Moz produced) in Val d'Or. Assays returned significant gold values in several intervals between 478 and 546 metres. Further sampling is currently being completed in this area to ensure a thorough assessment of the veining. Annuncio • Apr 11
Gold Terra Resource Corp. announced that it expects to receive CAD 2.5 million in funding Gold Terra Resource Corp announced a non-brokered private placement of 50,000,000 common shares at an issue price of CAD 0.05 per share for gross proceeds of CAD 2,500,000 on April 10, 2024. The transaction will include participation from Eric Sprott as the lead investor. The transaction is expected to close on or around April 19, 2024. The company will pay a 6% finder’s fees to eligible parties in accordance with applicable securities laws and TSX-V policies. Annuncio • Apr 06
Gold Terra Resource Corp., Annual General Meeting, Jun 06, 2024 Gold Terra Resource Corp., Annual General Meeting, Jun 06, 2024. Annuncio • Jan 25
Gold Terra Resource Corp. Resumes its 2024 Deep Drilling Program Below the High-Grade Con Deposit, Con Mine Option Property, NWT Gold Terra Resource Corp. announced that the deep drilling directional program designed to establish the extension of high-grade gold mineralization in the Campbell Shear (CS) below the Con Mine underground workings on the Con Mine Option (CMO) Property has resumed after the Christmas drilling break. The CMO Property is under option from subsidiaries of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property agreement. The company is continuing its drill program using master/parent hole GTCM23-055 to add multiple intersections into the CS structure. Currently, the Company is drilling a wedge hole, GTCM23-055A, off from hole GTCM23-055, at a downhole depth of 1,641 metres with the aim of intersecting the CS structure at the same depth as the parent hole but 75 metres to the north. The wedge is at a current depth of 2,105.5 metres and has entered the CS zone at 2,058 metres downhole. Annuncio • Nov 17
Gold Terra Resource Corp. Intersects 12.93 g/t Gold over 1.7 Metres in the Campbell Shear 200 Metres Below the Con Deposit, Con Mine Option Property, NWT Gold Terra Resource Corp. announced that assay results including 12.93 g/t Au over 1.7 metres in drill hole GTCM23-055 confirm the extension of high-grade gold mineralization in the Campbell Shear (CS) below the Con Mine underground workings on the Con Mine Option (CMO) Property. The CMO Property is under option from subsidiaries of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property agreement. The Campbell Shear was successfully intersected from a downhole depth of 2,075 to 2,137.5 metres for a total of 62.5 metres. This intersection demonstrates the continuity of this major structure below the deepest mining operations with the presence of a substantial shear structure with impressive widths. Approximately 30 metres of the CS within the footwall of the structure is moderately to strongly sheared and contains intermittent zones of prominent smoky quartz veining and pyrite, pyrrhotite, sphalerite, arsenopyrite, and stibnite mineralization, and most importantly high-grade gold. A quartz vein at 2,116 metres contained fine specks of visible gold. Assay highlights include 2.93 g/t Au over 8.2m from 2,115.8 to 2,124m, including 12.93 g/t Au over 1.7m from 2,115.8 to 2,117.5m and, including 30 (uncut) g/t Au over 0.5 metres from 2117 to 2117.5 metres. The mineralized section of the core is very similar to historic mineralized sections that were mined out in the former Con Mine. The company is continuing its drill program using hole GTCM23-055 as a master hole to add multiple wedges or cuts into the Campbell shear structure. With Foraco's Control Directional Drilling team, already on site in Yellowknife, the company able to continue its assessment of the Campbell Shear to obtain more intersections on a 50 to 100m spacing laterally and up dip. Annuncio • Oct 26
Gold Terra Extends the Gold-Bearing Campbell Shear With a 30-Metre Intersection 200 Metres Below the Con Deposit, Con Mine Option Property, NWT Gold Terra Resource Corp. announced that drill hole GTCM23-055 has successfully intersected over 60 metres of the gold-bearing Campbell Shear from a downhole depth of 2,075 to 2,135 metres. The hole was shutdown at a final downhole depth of 2,228 metres from surface. The hole was designed to test for gold mineralization below the Con Mine underground workings on the Con Mine Option (CMO) Property. The CMO Property is under option from subsidiaries of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property agreement, as reported in the Company's news release dated November 22, 2021. Within the 60 metre Campbell Shear (CS) intersection, approximately 30 metres of the CS within the footwall of the structure displays strong shear fabric, sericite alteration, prominent quartz veining and typical 1 to 5% sulphide mineralization including pyrite, pyrrhotite, and traces of sphalerite, stibnite and arsenopyrite. A mineralized laminated quartz vein at 2,116 metres contains fine specks of visible gold. Samples from the zone have been submitted for laboratory analysis and results are pending. The Quick Log of the CS section in hole GTCM23-055 is as follows: From and to in metres (m), 1500m to 2075m; massive mafic volcanics flows (some pillows), 2075m to 2135m; Campbell shear structure, 2093m-2105m; developing schistosity + small sections of Quartz/Carbonate veining with local sulphides mineralization (Py-Po) + sericite alteration, 2105m-2135m; Well develop shearing with 30-50% quartz veining (15cm to 50cm vein) with sulphide (2-5%) mineralization through out mainly Py>>Po and traces of others. 2015m-2020m; 50% laminated smoky quartz veining and 3% total sulphides (Py>>Po> traces of stibnite sphalerite and arsenopyrite). Visible gold at 2116.5m in a 50cm quartz vein. 2135m to 2228m; Gradually back in the massive volcanics intermixed with sediments. 2228m End of the hole. The company is continuing its drill program using master/parent hole GTCM23-055 to add multiple intersections or cut into the Campbell shear structure. Annuncio • Oct 17
Gold Terra Resource Corp. Intersects High-Grade Gold Bearing Campbell Shear Target at Downhole Depth of 2,080 Metres on Con Mine Option Property, NWT Gold Terra Resource Corp. announced that drill hole GTCM23-055 has intersected the upper portion of the high-grade gold-bearing Campbell Shear at a downhole depth of 2,080 metres from surface to test for gold mineralization below the Con Mine underground workings, on the Con Mine Option (CMO) Property. Drilling continues through the Campbell Shear which is typically 150 metres in width with mineralized zones generally 3-20 metres wide within the shear. Hole GTCM23-055 hole is targeted to intersect the down plunge extension of the prolific Campbell Shear zone at depth below the Con Mine deposit (1938-2003), where 5.1 million ounces of gold was produced at an average grade of 16 g/t. The focus of the 2023 drilling program is to expand the September 2022 initial Mineral Resource Estimate ("MRE") of 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and to a depth of 400 metres below surface along a 2-kilometre corridor of the Campbell Shear. Annuncio • Sep 20
Gold Terra Resource Corp. Resumes Drilling Program on Con Mine Option Property After Lifting of Yellowknife Wildfire Evacuation Order Gold Terra Resource Corp. announced that the deep drilling program to test for gold mineralization on the Con Mine Option Property has resumed. Hole GTCM23-055 was stopped at 1,900 metres on the Yellowknife wildfire evacuation order. The hole is targeted to intersect the down plunge extension of the prolific Campbell Shear zone at depth below the Con Mine deposit (1938-2003), where 5.1 million ounces of gold was produced at an average grade of 16 g/t. The focus of the 2023 drilling program is to expand the September 2022 initial Mineral Resource Estimate ("MRE") of 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and to a depth of 400 metres below surface along a 2-kilometre corridor of the Campbell Shear. Board Change • Aug 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Patsie Ducharme was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Aug 23
Gold Terra Resource Corp. Announces Appointment of Paul Bonneville as Director and as A Member of the Audit Committee Gold Terra Resource Corp. announced the appointment of Paul Bonneville to the Board of Directors of the Company and as a member of the Audit Committee subject To Approve the TSX Venture Exchange. Mr. Paul Bonneville is a mining engineer with over 30 years of experience in the mining industry in Canada. Most recently, he was VP and Director of PRB Mining Services Inc. with work on many large projects including Operations Director for the Critical Elements Lithium Corporation Rose Lithium-Tantalum Project, as well as mine design and feasibility studies for Abcourt Mines Inc. and Bumigeme Inc. Prior to that he was a consultant for Mine Tech Services, Vice President Operations for Scorpio Mining and Vice President Mines for Cadiscor Resources. He worked for Dumas Contracting as Project Manager at the Lapa and Goldex shaft projects and for Ross-Finlay Ltd., where he held a range of positions, including Project Manager at the Bell-Allard shaft project and the Silidor project, and at Pan American Silver Corp. He has also managed several overseas operations. Paul is a graduate of Queen's University in Mining Engineering and a member of several professional affiliations including Ordre des ingénieurs du Québec, Professional Engineers of Ontario, Society of Mining Engineers and the Canadian Institute of Mining and Metallurgy. Annuncio • Aug 19
Gold Terra Resource Corp. Provides Update on Yellowknife Wildfire Evacuation and Campbell Shear Target Below the Con Mine, Con Mine Option Property, Nwt Gold Terra Resource Corp. is confirming that the Yellowknife drill program has been suspended for the time being due to the current Yellowknife wildfire evacuation order. As a precaution the Company has decided to suspend its drilling activities commencing Wednesday August 16th, 2023 until further notification. Drill Hole GTCM23-055 Highlights: Hole GTCM23-05 has reached a depth of 1900 metres, Hole GTCM23-057 is currently at the depth of 1773 metres, The Campbell Shear zone is expected to be intersected around 2150 metres, The Con shear zone was intersected at 858 metres with assay results for gold mineralization as follows: 1.06 g/t over 6.4metres from 864.6metres, 1.67 g/t over 1.5 metres from 877.65 metres, 1.5 g/t Auover 4.5 metres from 898.7 metres Including 4.03 g/t Au over 0.05 metres at 898.7 -899.2 metres, and Including 3.76 g/t Au over 0.,7 metres at 902.5 -903.2 metres. The anomalous gold intersected in the Con shear is indicative of two important points: the zone is open, and gold mineralization is present. The focus of the 2023 drilling program is to expand the September 2022 initial Mineral Resource Estimate ("MRE") of 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and to a depth of 400 metres below surface along a 2-kilometre corridor of the Campbell Shear. Annuncio • Jun 16
Louis Dionne Steps Down as a Director of Gold Terra Resource Corp Louis Dionne has stepped down as a director but will continue as a Senior Technical Advisor for Gold Terra Resource Corp. on an as-needed basis. Mr. Dionne, a seasoned mining engineer, brings a wealth of expertise to the Company with many achievements over his career span. Mr. Dionne was director at Detour Gold Corporation (Detour) from 2006 to 2014 and an instrumental part of the team that helped build the Detour Lake mine into the largest Canadian gold mine. Prior to his involvement with Detour, he was mine manager at Camflo Mines in Quebec, under the late Bob Smith, which eventually became Barrick Gold Corporation (Barrick). Mr. Dionne spent over 20 years in the operations, development, mergers, and acquisitions of gold properties as Senior Vice President, Underground Operations for Barrick. He developed the high grade Meikle mine and Rodeo project in Nevada and the Holt-McDermott Mine in Ontario. Following his tenure at Barrick, Mr. Dionne became President and CEO of Richmont Mines Inc. (2002 -2005), a junior gold producer with operations in Quebec and Newfoundland. During his tenure, he was instrumental in the acquisition of the Island Gold mine, now owned by and operated by Alamos Gold Inc. Mr. Dionne was also a director of Aurizon Mines from 2006-2013. Annuncio • Jun 07
Gold Terra Resource Corp. Provides an Update on the Deep Drilling Program Designed to Test Gold Mineralization At Depth Below the Con Mine Deposit Gold Terra Resource Corp. provided an update on the deep drilling program designed to test gold mineralization at depth below the Con Mine deposit (1938-2003), where 5.1 million ounces of gold was produced at an average grade of 16 g/t. The Con Mine Option (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 Property agreement. Hole GTCM23-055 intersected 22.5 metres of the Con Shear starting at 858 metres with several visible gold (VG) Specks reported during logging. The Con shear was mined from 1934 until the 1960's with the C1 shaft to a depth of 800 metres and produced 1 Moz @ 20 g/t gold. The deposit was thought to be cutoff by a Granite intrusive. The current hole has demonstrated that the Con Shear is open at depth and in all directions, therefore warranting further drilling to assess its excellent potential to add ounces on the CMO. Hole GTCM 23-055 is progressing well currently at a depth of 1,135 metres towards its primary target, the Campbell Shear, at a depth of 2,000 metres where very high-grade gold intersections have been reported in historic underground drill holes. The former Con Mine is a world-class gold deposit and part of the prolific Yellowknife mining camp where 6.1 M ounces of high-grade gold were recovered from the underground operation from both the Con Shear and Campbell Shear. The first deep drill hole of the summer program, GTCM23-055, has intersected the Con Shear from 858-880.5 metres (22.5 metres) and is on track to intersect the primary Campbell Shear target below 2,000 metres. The opportunity will exist to wedge off the initial hole and target other high-grade zones in the area. In addition to the Con Shear the deep drill hole has intersected several felsic intrusive bodies above and below the Con Shear that contain mineralized quartz veins. Annuncio • Jan 19
Gold Terra Resource Corp. Starts Winter Drilling Program on Con Mine Option Property to Expand Current Mineral Resources Gold Terra Resource Corp. announced the start of an 8,000-metre winter drilling program on the Con Mine Option (CMO) Property in Yellowknife, NWT. 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) 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. Drilling Program on the Yellorex North, Yellorex and Kam Point deposits: The focus of the winter drilling program is to expand the current mineral resource estimate. 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 this week, with the first seven (7) holes drilled near surface representing the best underexplored target of the area. The target area is very close to existing underground mining infrastructure and tested only by one hole in 2022 (GTCM22-039). Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Director Stuart Rogers is the most experienced director on the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Mar 04
Executive Chairman & CEO recently bought €62k worth of stock On the 1st of March, Gerald Panneton bought around 415k shares on-market at roughly €0.15 per share. This was the largest purchase by an insider in the last 3 months. Gerald has been a buyer over the last 12 months, purchasing a net total of €89k worth in shares.